Auction of Saudi tycoon's properties to start Dec 2
Saudi Arabia will start auctioning real estate assets of billionaire Maan al-Sanea and his company on Dec. 2 to help…
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UAE banking sector to maintain steady growth
The UAE’s banking sector maintained steady growth in spite of volatility across global markets and regional challenges and it is…
Report: UAE Banking System Stable for Now
Moody's Investors Service has kept its outlook on the United Arab Emirates banking system at stable, reflecting a gradually recovering…
UAE-based WakeCap Secures $1.6 Million Seed Round From Global Investors
UAE-based construction technology startup WakeCap has secured $1.6 million seed round from a group of global investors including the leading…
Middle East’s banking industry headed for tech revolution
The Middle East’s banking industry is gaining pace in technology adoption and is catching up with the rest of the…
Abu Dhabi Islamic Bank gets approval to allow 25% foreign ownership
Abu Dhabi Islamic Bank, the UAE’s second-biggest bank complying with Muslim banking rules, said it obtained the Abu Dhabi Executive…
Qatar National Bank appoints acting CEO
Qatar National Bank has appointed Abdulla Mubarak al-Khalifa as its acting chief executive, the Middle East and Africa’s largest lender…
Bahrain eyes open banking; CBB issues draft rules
The Central Bank of Bahrain today issued for consultation the draft rules on “open banking”, which is a relatively new…
First Abu Dhabi Bank taps AI tools for merchants portal
UAE’s largest lender, the First Abu Dhabi Bank (FAB) has leveraged Artificial Intelligence (AI) and machine learning tools to develop…
Alvarez & Marsal Appoints Saudi Arabian Country Manager
Alvarez & Marsal (A&M) has appointed Saudi national Dina Abo-Onoq as chief country manager in Saudi Arabia, making her the…
Commercial Bank strategy, key successes, growth plans highlighted at Istanbul event
Commercial Bank’s five-year strategic plan with a vision to be the market leader in Qatar and its most significant international…
Running behind: Arab regulators need to move faster and in step to catch up with banking innovation – Dubai-based fintech CEO
Regulators in the Arab region need to cooperate more and move faster to catch up with the pace of innovation…