Qatar pledges $100mln to establish platform to recover distressed assets
The Qatar Financial Center (QFC) said on Monday that it has pledged $100 million to fund a new platform aimed…
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BNP Paribas and ADGM explore key areas of climate action in the lead to COP28 with UAE business leaders
The Middle East & Africa region to take centre stage at COP27 in Egypt, and COP28 in UAE International banking…
National Bank of Egypt to open its first branch in South Sudan on June 28
The National Bank of Egypt (NBE) will be opening its first branch in Juba, South Sudan with a capital of…
Bahrain banks' loans and credit facilities jump to $30bln
The outstanding total loans and credit facilities provided to resident economic sectors in Bahrain increased to BD11.3 billion ($29.97 billion)…
Where next for ESG investing in the UAE?
Appetite for ESG funds in the MENA region has historically been lower than in other markets, but awareness of the…
Loan Financing Company turns to ICSFS for core banking tech
Loan Financing Company (LFC), a microfinance start-up in Saudi Arabia, has received a preliminary approval from the country’s regulator, SAMA,…
“Tamkeen” continues to meet the supported enterprises to understand their future plans
The Labour Fund “Tamkeen” is continuing to hold its series of meetings with several enterprises who have received support through…
QIB receives 4 prestigious awards at the MEED MENA Banking Excellence Awards 2022
Qatar Islamic Bank (QIB) received 4 awards from the Middle East Economic Digest (MEED) MENA Banking Excellence Awards 2022 in…
Egypt launches digital system to manage fuel supply in cooperation with e-finance
Tarek El Molla, Minister of Petroleum and Mineral Resources, announced the launch of a digital platform of petroleum products and…
HSBC appoints Regional Head of Wealth and Personal Banking for Emea
HSBC has appointed Dinesh Sharma as Regional Head of Wealth and Personal Banking (WPB) for EMEA starting September 1, 2022,…
Most high net worths in Middle East don’t have a wealth succession plan for family business
The majority of high net worth individuals (HNWIs) don’t have a wealth succession plan in place for their family businesses,…
Mashreq talks gamification, trading crypto and teenagers
Having just launched a new digital bank account aimed at Generation Z, Mashreq has plenty more such offerings on the…