Mergers and acquisitions in Mena region fall in first half: Ernst & Young report
Mergers and acquisitions in the Middle East and North Africa (Mena) region in the first half of 2017 fell by…
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Lebanese Private-Equity Firm Chases Diaspora in Africa for Deals
EuroMena Funds, a Beirut-based private-equity firm that has raised $350 million since 2006, plans to almost double assets as it…
Securing digital banking transformation in the UAE
As consumers increasingly transact online, banks need to follow a diligent approach to enforcing security measures, especially in the face…
Local demand for Shariah-compliant funds rising, says QInvest
QINVEST has announced that the market is witnessing a surge in demand for Sharia’a compliant funds. Conventional investors also…
'Women account for 70% of nationals in banking sector'
The representation of Emirati women among the national workforce in the banking sector of UAE stands at 70 per cent,…
UAE Exchange in talks with blockchain brand Ripple
One of the UAE’s oldest money exchange houses says it is in talks with US blockchain start-up Ripple, over a…
Bank employees pocket $10m in bribes
A bank’s business developer, an officer and a salesman who pocketed a $10m bribe to offer bank facilities to ineligible…
Houston we have a problem by Gary Dugan
Hurricane Harvey wreaks havoc in Houston but the US economy has ongoing challenges US 10 year government bond yield of…
Digital banking outlook in Saudi Arabia promising
WITH over 21 million Saudis and 10.4 million expats, Saudi banks are looking at ways in which they can cater…
DFSA and Hong Kong’s SFC sign FinTech Cooperation Agreement
The Dubai Financial Services Authority and the Securities and Futures Commission in Hong Kong today entered into an agreement to…
Qatar banks capable to face any siege impact
Qatar Central Bank Governor H E Sheikh Abdullah bin Saoud Al Thani, has stated that the local banks are capable…
Middle East fintech sector begins to stir
"Fintech" has been in the news a lot in recent weeks in the UAE and the wider Middle East region.…