Blockchain to revolutionise UAE’s financial services
Blockchain technologies have the potential to revolutionise the rapidly growing financial services sector in the UAE and broader GCC region,…
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UAE banking sector profits expected to decline 10 to 20 per cent in 2016
The UAE’s banking sector is expected to face 10 to 20 per cent contraction in profits this year due to…
Qatar banking liquidity expected to improve further: QCB
Qatar";s banking sector liquidity is expected to further improve with the 'full implementation” of Basel III liquidity standards as well…
Profit booking sees Index plunging 229 points
Severe profit booking pressure on Sunday led Qatar Stock Exchange open the week weak with its key index plunging 229…
Saudi central bank foreign assets shrink $7.4 bln in September
Net foreign assets at Saudi Arabia’s central bank fell by $7.4 billion (Dh27.1 billion) to $546.7 billion in September from…
KHCB launches e-statement services
Khaleeji Commercial Bank, one of Bahrain's leading Islamic banks, has announced the launch of its eStatement services as part of…
Digital surge, new-age clients drive Middle East insurance
Insurance giant sees surge in longer-term clients and inevitability of digital advances as beacon to growth as 'less crowded' market…
Al Rayan and deVere handle big upsurge in demand for UK mortgages from Qatar expats
Expats in Qatar and the wider Gulf region are seizing the opportunity afforded by the post Brexit devaluation of sterling…
Saddek El Kaber gets Arab Bankers Association’s award
The London based Arab Bankers Association has given its annual award for ‘Distinguished Service to Arab Banking’ to Saddek Omar…
Redefinition of Movable Pledge Seeks to Boost Collateralization for Commodity Financing
Recent Development Pledge over movable assets (menkul rehni) has long been perceived as an impractical method for collateralization as…
Jordan's Arab Bank nine-month net profit flat
Jordan's largest lender, Arab Bank Group , said on Sunday its January-September net profit came to $617.9 million, barely changed…
Swiss wealth manager opens in Dubai
Dubai International Financial Centre (DIFC), the global financial services hub connecting businesses and institutions with emerging market opportunities across the…