Axis Bank Uses Ripple To Open New Payment Corridors Between The UAE And Singapore
For Standard Chartered and Axis Bank, Ripple's enterprise blockchain platform is being used to unlock the $15 billion trade corridor…
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Saudi billionaires said to seek shielding assets amid purge
Wealthy Saudis are seeking to restructure their businesses to ring fence assets in case authorities widen their declared crackdown on…
UAE central bank: request on Saudi accounts was just information-gathering
A request by the United Arab Emirates central bank for local banks and finance companies to provide details of the…
Bank Muscat, ITA and Visa join hands to highlight emerging trends in electronic payments
Bank Muscat in association with the Information Technology Authority and Visa, the world’s leader in digital payments, hosted a seminar…
Saudi wealth fund finalizes deal to take over unfinished Riyadh financial hub
Saudi Arabia’s sovereign wealth fund finalized a deal to take over the management of Riyadh’s $10 billion unfinished financial hub…
UAE's Bank of Sharjah and Invest Bank in merger talks -sources
Bank of Sharjah and Invest Bank are in merger talks that could create an institution with about 50.6 billion dirhams…
Al Salam Bank wins top award
Al Salam Bank-Bahrain, one of the pioneering Shari’a-compliant Banks in the Kingdom, has been recognised with the “Critics’ Choice –…
New Middle East Investor for CS?
Credit Suisse may be gaining another secretive Middle East investor, according to a new report. The move comes as Qatar…
QIIB stresses safety of its systems
Qatar International Islamic Bank (QIIB) has confirmed the safety of its systems and that they are not easy to penetrate,…
Cloudera helps Middle East brands unlock new frontiers with machine learning and analytics
Cloudera, Inc., the modern platform for machine learning and analytics, optimised for the cloud, is helping the Middle East’s biggest…
Ankara rebuffs claims Halkbank to be replaced
A top Turkish official has rebuffed claims that the functions of Turkey’s Halkbank would be transferred to another state-owned bank,…
Race is on for a global Islamic finance hub
With Islamic finance assets leaping to an estimated $2tn for both banks and non-bank financial institutions, and forecasts putting the…