AFS and ZENJEX partner to boost payments offering to Bahrain’s unbanked
Arab Financial Services has signed an agreement with Zenj Exchange (ZENJEX), that will enhance AFS’s Wage Protection Scheme (WPS) with…
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PwC Middle East identifies top trends driving the region’s banking ecosystem
PwC Middle East hosted its inaugural Financial Services Horizons - Annual GCC Leadership Meet featuring guest speaker Brett King –…
Last chance for registration in award winning 'Tamakan' training program supported by NBK
For the fourth year in a row, National Bank of Kuwait (NBK) sponsors “TAMAKAN” training program for fresh Kuwaiti graduates,…
Central Bank of Egypt sets new measures for fraudulent and abusive use of credit, debit cards overseas
According to a circular issued on Thursday, the CBE said it has noticed that there are credit and debit cards…
Egypt’s social protection spending records EGP 302.2bn in FY2022/23’s draft budget
In the draft general budget for FY2022/23, Egypt allocated support amounting to EGP 302.2bn for social protection, compared to actual…
France’s Emmnuel Macron urges Lebanon to ‘get rid’ of leaders blocking reforms
French President Emmanuel Macron called on Lebanon Friday to “get rid” of politicians who have for months blocked sweeping reforms…
Egypt’s economic growth to decline to 4.5% in FY 2022-23: World Bank
Egypt’s economic growth is expected to decline to 4.5 percent in the fiscal year 2022-23 from 6.6 percent in 2021-22,…
GCC countries to benefit from international energy market developments in 2023: EIU
GCC countries will benefit the most from international energy market developments in 2023, the Economist Intelligence Unit said and noted…
Investment portfolios rearrange accounting books: Analyst
The Qatar Stock Exchange index gained 12.09 points, or 0.11 percent at the end of trading this week, rising to…
First Abu Dhabi Bank teams up with ports, customs, freezones for cashless payments
First Abu Dhabi Bank (FAB), the UAE's biggest lender, has created a cashless payment system in collaboration with Magnati, PayRow…
UAE Central Bank issues new anti-money laundering guidelines for insurance sector
The UAE Central Bank has issued new guidelines for the licensed financial institutions operating in the insurance sector as it…
UAE fines six companies $871,000 for breaking anti-money laundering law
The UAE has fined six companies Dh3.2 million ($871,000) for breaching provisions of the Anti-Money Laundering and Counter Terrorism Financing…