Mena banks urged to speed up adoption of FinTech
Banks and financial institutions in the Middle East and North Africa need to accelerate the pace at which they adopt…
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Finance House says plans for cash dividend distribution approved
Finance House said the UAE Central Bank has approved the distribution of cash dividends amounting to 10 per cent of…
Global banks must disclose finances from April 1, says report
The Capital Market Authority will require all foreign financial institutions operating in the Kingdom to publish their balance sheets including…
Vinson & Elkins closes Abu Dhabi office
Vinson & Elkins has become the latest firm to close in Abu Dhabi, with all staff set to relocate to…
King & Spalding Advises Alinma Jeddah Economic City Real Estate Fund on US$960 Billion Shari'ah-Compliant Financing
King & Spalding advised the Alinma Jeddah Economic City Real Estate Fund on a Shari'ah-compliant financing extended by Alinma Bank…
Mashreq voted “Best Private Bank for Super Affluent Clients in the UAE”
Mashreq was selected "Best Private Bank for Super Affluent Clients in the UAE" in the prestigious Euromoney's 13th annual private…
Banks must wake up to demands of digital age, says financial technology expert
Banks must wake up to the way technology affects the daily lives of their customers, financial service decision makers have…
Dubai sheikh pledges £900m to philanthropic causes
The ruler of Dubai has pledged $1.3bn (£900m) in assets to a new endowment agency that will focus on a…
Egypt Approaches JPMorgan, FGB as Bank Markets Local Debt
National Bank of Egypt officials met with banks in the United Arab Emirates, including JPMorgan Chase & Co., as the…
Gulf states not holding back on major reforms
Oil’s dramatic fall since June 2014 is emboldening Middle East policymakers. Generous fuel and food subsidies are being slashed, sales…
Ex-Leeds Utd MD David Haigh acquitted in Dubai on Twitter abuse charges
The former managing director of Leeds United, has been acquitted in Dubai over charges relating to a tweet, according to…
Need for qualified Islamic bankers in Oman
There is an urgent need for qualified professionals in the Islamic Finance sector, which is poised for significant growth in…