UAE Central Bank orders closure of money exchange
The UAE Central Bank has ordered the closure of a small money exchange house after detecting irregularities, official sources told…
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NCR makes it nice and Eazy for Bahrain’s biometric payments
Bahrain-based Eazy Financial Services will launch the region’s “first” biometric payment network powered by NCR. Consumers will be able…
Turkish banks debut national payment scheme for consumers
Turkey at the crossroads of Europe and Asia has a banking sector that defies expectations. It has grown at an…
ADIB Global Investment Outlook Takes An Overweight View On GCC And European Equities
In its latest Global Investment Outlook presentation, Abu Dhabi Islamic Bank, ADIB, has suggested that investors should consider taking an…
UAE forms fatwa council to advocate moderate Islam
The Cabinet approved during it sessions the formation of the UAE Council for Fatwa to be the sole reference for…
Banks' liquidity conditions easing as deposits grow
Liquidity pressures in Oman's banking system appear to have eased during the first quarter of 2017 after banks recorded a…
Trust in Technology – HSBC
Digital technology is rapidly changing the world. The number of mobile banking users is forecast to double between 2015 and…
Asset Management Fee Comtinue To Fall Across Asset Classes
Funds management fees have fallen globally across several asset classes amid rising competition from new, cheaper products and greater scrutiny…
Saudi insurer MedGulf says weighing sale of business
The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi insurer known as MedGulf, is weighing putting itself up for…
KFH Said in Talks for Bahrain Ahli United Bank, Kuwait Unit
Kuwait Finance House KSCP is in talks to buy Bahrain’s Ahli United Bank BSC, a person familiar with the matter…
Meethaq Sukuk issue closes in 3 days, gets strong response
Meethaq—the pioneer of Islamic banking in Oman from Bank Muscat—has evoked a strong response to its Sukuk programme. The…
Deutsche Bank Sees Saudi Inflows Topping $35 Billion on MSCI
Saudi Arabia could attract tens of billions of dollars in foreign investments in the Arab world’s biggest stock market if…