Bahraini lender eyes piece of Kenya’s Islamic banking
Bahrain’s third largest Islamic bank Al Baraka Banking Group says it is mulling over expanding operations into Kenya as it…
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Keeping Lebanese wealth alive
The quest of trying to depict the 2018 outlook on investment opportunities from the Lebanese corner reminds in some respects…
Erdogan Names Himself Turkey Wealth Fund Chairman in Shakeup
President Recep Tayyip Erdogan appointed himself chairman of Turkey’s sovereign wealth fund and got rid of the entire management staff…
Aberdeen Standard hires ex-BlackRock retail sales chief
Aberdeen Standard Investments has hired former BlackRock retail sales head Alex Hoctor-Duncan to bolster its distribution capabilities. Hoctor-Duncan joins…
Andersen Global Continues Expansion in Middle East
Zalloum & Laswi, a prominent law firm with a presence in Amman, Jordan, has signed a Collaboration Agreement with Andersen…
Mashreq Bank implements solutions that use AI and machine learning
UAE-based private bank Mashreq Bank has partnered with Virtusa to implement Blue Prism’s Digital Workforce to drive innovation, increase productivity,…
UAE to begin VAT refund scheme for tourists from November
The UAE will begin implementing a new VAT refund system for millions of tourists from November, according to local media…
Dubai among world's top 15 financial centres
Backed by its strong infrastructure, banking and financial services, Dubai has retained its top ranking in the region in the…
Erdogan appoints himself head of Turkey's wealth fund
President Recep Tayyip Erdogan on Wednesday (Sept 12) appointed himself the chairman of Turkey's sovereign wealth fund and named his…
Swissglobal acquires Premium Insurance in continued Middle East expansion
Financial solutions provider Swissglobal today announced the acquisition of insurance provider Premium Insurance, a move that extends Swissglobal’s presence in…
Saudi British Bank joins major blockchain initiative
The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem. SABB is the first bank…
Mena's nascent fintech market to grow by $125m a year
The Middle East and North Africa region’s financial technology market, where the number of start-ups is expected to top 250…