The Central Bank of Bahrain launches a survey campaign
In accordance with the Central Bank of Bahrain’s (CBB) objective to provide an appropriate level of protection to users of…
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Dechert Secures Complete Dismissal of Claims Against the Arab Republic of Egypt
Dechert LLP has recently secured a complete victory at the pleadings stage for the Arab Republic of Egypt in the…
DIB becomes first Islamic bank to join ‘Buna’
Dubai Islamic Bank has reinforced its position as the region’s most progressive Islamic financial institution, by becoming the first Islamic…
Banks in emerging G20 markets 'face double-edged sword of inflation and rate increases'
Banks in emerging markets in the G20 are facing a double-edged sword as higher interest rates are set to improve…
Citigroup’s $US1b family office clients profit from wild markets
Family offices with at least $US1 billion ($1.5 billion) in assets are boosting their investments amid market swings fuelled by…
FAB hires Adams and Alotaibi to Securities Services
The First Abu Dhabi Bank (FAB) has appointed Matthew Adams and Nasser Alotaibi to its Securities Services business. Based…
Saudi foreign direct investment inflows rise 9.5% in first quarter
Saudi Arabia recorded 9.5% increase year on year in foreign direct investment (FDI) flows during the first three months of…
Lebanon banking association affirms its unity after criticism by member banks
Lebanon's banks association ABL affirmed its unity and said it reiterated the necessity of Lebanon reaching a deal with the…
DIFC launches region’s first open finance lab
Dubai International Financial Centre (DIFC) has launched the region’s first open finance lab, heralding what it calls “a new era…
KPMG: Banks in pursuit of purpose-led and customer-centric strategies
KPMG announced the launch of its latest Banking perspectives: Saudi Arabia 2022 publication, titled “Purpose-led banking,” emphasizing the evolving landscape…
NBO launches private banking
Opening up new opportunities for high-net-worth customers, the National Bank of Oman (NBO) has launched Private Banking. Catering to…
Dukhan Bank wins 9 accolades at MEED’s Excellence Banking Awards 2022
Middle East Economic Digest has awarded Dukhan Bank with nine prestigious accolades during the annual “Banking Excellence in the Middle…