Dubai Islamic Bank recognized for market leadership at Global Islamic Finance Awards
Award builds on DIB's success at last year's GIFA where it was named "Best Islamic Bank" Dubai Islamic Bank,…
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HSBC rules out rumors about exiting the Turkish market
HSBC is not planning to leave the Turkish market, the major international lender’s Turkey CEO has said. “HSBC has…
Payment solutions account for 40 per cent of Fintech Businesses in the GCC
Payment solutions account for approximately 40 per cent of all Fintech business in the Gulf Cooperation Council, GCC. While…
An app developed by a Dubai-based startup aims to make meetings more productive
Research by Effectivemeetings.com found that 73 percent of office workers in the United States engage in other tasks at meetings,…
ADCB grabs two prestigious awards from Global Finance
In recognition of its outstanding performance and leadership in the regional banking market, Abu Dhabi Commercial Bank was awarded by…
Q1 remittance falls by 18pc
Remittance flow into the country dropped nearly 18 per cent to US$3.23 billion in the first quarter of the current…
The real deal: Prince Khaled bin Alwaleed
"The assumptions are always going to be there and that’s fine," smiles Prince Khaled Bin Alwaleed Bin Talal Al Saud.…
Provisca hires heavy hitter Middle East director
Provisca, the international distribution business launched in August, has named Richard Williams as its first regional director with a brief…
Al Tayer to hold meetings with IMF, WB
Obaid Al Tayer, Minister of State for Financial Affairs, will hold a series of bilateral meetings aimed at strengthening the…
UAE's Union National Bank (UNB) issues $600mln 5-year senior unsecured bond in first bank public offering from Abu Dhabi bank in 2016.
Union National Bank P.J.S.C., rated A+ by Fitch and A1 (neg) by Moody's , owned 50% by the Government of…
The NBAD-FGB union cannot be a one-off
Calls for mergers in the UAE’s banking sector have long been made given the existence of a relatively large number…
Saudi banks told to reschedule loans of clients hit by cuts
Saudi Arabia’s central bank directed local lenders to reschedule the consumer loans of clients affected by last week’s decision to…