Belt and Road exchange to be set up at ADGM
Abu Dhabi Global Market, the international financial centre of Abu Dhabi, UAE, and Shanghai Stock Exchange, China’s largest securities exchange,…
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QIB relocates Private Banking Center to Al Sadd branch
Qatar Islamic Bank has relocated the Grand Hamad and The Gate Mall Private Centers to the Bank’s new flagship Al…
Qatar bank merger said to stall over price dispute
Talks to merge three Qatari banks have hit a roadblock as shareholders – which include former Prime Minister Sheikh Hamad…
Iran central bank bans cryptocurrency dealings
Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news…
Remittance Payments Hit Record $466b in 2017
Payments from immigrants back to their home countries rebounded to reach a new record in 2017 but the costs of…
The evolving use of mobile payment systems in Kuwait
The payment of goods and services has evolved over time from the physical exchange of coins and notes, cheque writing…
Emirates NBD Has Launched Cheque Chain Blockchain Platform
Dubai is very friendly when it comes to Blockchain technology. Since the technology came in space, many sectors including automobile…
Dubai ArtBank launches cryptocurrency payments
The Dubai ArtBank, the world’s first digital bank for art, launched by the Dubai Culture and Arts Authority, has introduced…
Adnoc hires ex-HSBC banker to head new oil trading unit
Abu Dhabi National Oil Co. hired Philippe Khoury, formerly an energy banker at HSBC Holdings Plc, to head up its…
DFZC launches initiative to stimulate and accelerate e-commerce growth
The initiative has been developed by an integrated organization that will enable greater foreign direct investment in the e-commerce sector…
Guardian Wealth hit with $1m fine
Following an investigation into the affairs of Guardian Wealth Management Qatar LLC the QFC Regulatory Authority has today published a…
GIB launches digital bank in Bahrain
Gulf International Bank (GIB) has launched the digital retail banking services of meem, the region’s first Sharia-compliant digital bank, in…