Uncategorized

Comment & Analysis

Capital Intelligence reaffirms QIB’s long term rating at A+ with stable outlook

March 22, 2022

Qatar Islamic Bank (QIB) has reconfirmed its ongoing positive rating with Capital Intelligence (CI) Ratings today announcing the Bank’s Long-Term…

Read More

Comment & Analysis

Oman’s Islamic banking on positive trajectory

March 22, 2022

The Islamic banking sector in Oman is likely to sustain its positive trajectory in the short-to-medium term despite a number…

Read More

Hedge Funds & Alternative Investments

Saudi Tadawul Group announces its intention to launch a bundle of enhancements to develop the post trade infrastructure

March 22, 2022

Saudi Tadawul Group, through its subsidiaries, has announced its intention to launch a bundle of new enhancements aiming to strengthen…

Read More

FinTech

Tamkeen plans tech training for 1,200 Bahrainis

March 22, 2022

Tamkeen has established a strategic collaboration with the world’s leading technology training academy, General Assembly, and Bahrain Institute of Banking…

Read More

New Investment Products & Services

HSBC partners with INJAZ Egypt to expand in 4 countries

March 22, 2022

UK-based HSBC bank and educational organization INJAZ Egypt have collaborated to expand their financial education programs in four more countries,…

Read More

Legal

DFSA imposes $1.5m fines on two companies and two individuals for unauthorised activities

March 22, 2022

The Dubai Financial Services Authority imposed fines collectively worth $1.55 million on two companies and two individuals belonging to the…

Read More

FinTech

Saudi digital loan broker Arib raises $2.3m to expand operations

March 22, 2022

Arib, a digital loan broker in Saudi Arabia, closed a $2.3 million seed investment round that will allow the company…

Read More

Regulation, Risk & Compliance

Egypt’s Monetary Policy Committee increases key policy rates by 1% in extraordinary meeting

March 22, 2022

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to increase the key policy rates by…

Read More

Financial Results

NBK-Bahrain reports net profits of BHD 117.68mln (KD 94.57mln) for 2021

March 22, 2022

Al-Sager: We continue to strengthen our competitiveness and position in our key regional markets Fardan: Our profits prove our resilience…

Read More

Comment & Analysis

APICORP receives ‘AA-’ credit rating from S&P Global

March 22, 2022

The Arab Petroleum Investments Corp., or APICORP, a multilateral development financial institution announced that it has received an “AA-” credit…

Read More

Comment & Analysis

Why crowdfunding is important for the UAE

March 22, 2022

The UAE government has approved the use of crowdfunding as the Emirates aims to open more streams of funding for…

Read More

Executive Moves

Booz Allen's Nans Mathieu joins Oliver Wyman as a partner

March 21, 2022

Oliver Wyman has bolstered its Public Sector and Policy practice in the Middle East with Nans Mathieu, who joins the…

Read More