Mashreq and i2c partner to enable digital payments in the UAE
i2c Inc. has announced a partnership with Mashreq, a financial institution in the UAE, to offer digital payment solutions to…
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Moody’s expects rise of M&A activity in GCC
Banks in the Gulf Cooperation Council region will witness a rise in merger and acquisition activity enabling future synergies and…
Lebanon banks 'have no liquidity,' says banking association's secretary general
Lebanon's commercial banks do not have enough liquidity to pay back depositors, the secretary general of the country's banking association…
Bank of Sharjah set to raise $500 mln with five-year bonds
Bank of Sharjah is set to raise $500 million for a sale of senior unsecured five-year bonds, a bank document…
60 years of Kuwaiti women working and ‘empowered’ in banking sector
The role of Kuwaiti women in the banking sector reflects their effective and vital role in economic life countrywide, as…
Almost all Gen Z and millennials in Saudi Arabia will be frequent AR users by 2025
Snap has reemphasized the integral role of Augmented Reality within the shopping and retail industry at this year’s 9th Retail…
BIBF launched Bahrain's first-ever educational institute on the metaverse
The Bahrain Institute of Banking and Finance recently announced the launch of its campus on the metaverse. This digital platform…
HSBC voted Kuwait’s best bank for trade finance in Euromoney poll
Businesses in Kuwait have voted HSBC the best bank for trade finance in the country in Euromoney’s Trade Finance Survey…
New opportunities for savings
The annual certificates of deposit with an interest rate of 18 per cent that were issued by the National Bank…
Saudi mining giant Ma'aden gets DIFC captive licence
Saudi Arabian Mining Company (Ma'aden), the largest multi-commodity mining and metals company in the Middle East and one of the…
EFG Hermes concludes advisory on Al Taamir Mortgage Finance
This issuance marks the first in a wider EGP 3 billion securitization program for Al Oula, supporting the mortgage player…
UAE’s Mubadala, Stone Point to acquire 20% in US broker Truist Insurance for $1.95bln
Abu Dhabi sovereign wealth fund Mubadala Investment Company and private equity firm Stone Point Capital are acquiring a stake in…