UAE banks up investments in digital channels to lure customers
A 2013 index by consultant AT Kearney ranked the United Arab Emirates in 17th position for digital banking readiness. …
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Arison mulls foreign partner for Bank Hapoalim
Shari Arison hopes that selling a stake to a foreign partner would help expand the Bank's international business. Shari…
UAE Corporates take Bond Route Whilst Saudi’s go Sukuk
Over the last month banks in the UAE have preferred conventional bond issuance whilst Saudi corporates have taken the Sukuk…
The UAE and China’s Thriving Partnership
Throughout the 21st century, China’s ties with the Gulf Cooperation Council have strengthened in various domains. China and the…
UAE's sovereign ratings affirmed by Capital Intelligence
The UAE’s ratings reflect the following factors: the overall strength of the country’s public and external finances and the resultant…
Capital Intelligence lowers KFH’s Financial Strength and Long-Term Foreign Currency Ratings
KFH remains Kuwait’s largest Islamic bank, as well as being the second largest financial institution. KFH’s Support Rating is raised…
S&P Global BMI Shariah index falls in June quarter
The S&P Global BMI Shariah index fell in the second quarter to June, underperforming the Mena equity indices. the indices…
The leadership battle at the top of Libya's sovereign wealth fund
Do you see any bruises on my face? I just came from Tripoli yesterday. There is no violence in Tripoli.…
UAE’s sovereign ratings affirmed; outlook stable
The United Arab Emirates’ Long-Term Foreign and Local Currency Sovereign Ratings of ‘AA-’ and its Short-Term Foreign and Local Currency…
Abu Dhabi Islamic Bank expects approval from Bank Al-Maghrib
ADIB has applied for approval from the Morrocan Central Bank for approval to invest in participatory banking in Morocco by…
Almost all UAE banks now using new credit bureau
Almost all banks are now using data from the United Arab Emirates' new credit bureau, its CEO says, a development…
Investor base widens for Saudi bond issues
Bond issues by Saudi Arabia’s government are expected to be worth tens of billions of riyals by the end of…