NBE launches 1st step for digital banking services through opening accounts online
The National Bank of Egypt (NBE) announced Sunday the availability of a new service that enables those people to open…
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Alpha Dhabi Holding raises stake in Aldar Properties to 30%
Alpha Dhabi Holding (ADH) has announced the acquisition of an additional 17 percent shareholding of Aldar Properties. The acquisition will…
NBK recognized as best trade finance provider in Kuwait
National Bank of Kuwait (NBK) was recognized as “Best Trade Finance Provider in Kuwait” for 2022 in the annual survey…
HSBC acts as sole ESG structuring agent for Saudi National Bank's sustainable finance framework
Saudi National Bank has become the first commercial banking group in the Kingdom to establish a Sustainable Finance Framework, with…
2021- Looking in the Rear-View Mirror
In contrast to previous years, the total returns on global equities and bonds were quite divergent in 2021. While equities…
Insights for investors: GCC sees fundamental shift in global capital flows in post-pandemic world
With the post-pandemic era approaching and investors targeting long-term financial stability and value creation, careful consideration must be exercised. …
Suez Canal Bank participates in 2 securitisation issuances worth EGP 200mln
The Suez Canal Bank participated — with a value ranging from EGP 195m to EGP 200m — in the securitisation…
UAE cheque rules: A big leap towards global best practices
The UAE’s new law on decriminalisation of bounced cheques that became effective on Sunday has come as a great leap…
UAE targets rich Africans to boost post-pandemic investments
The United Arab Emirates (UAE) is seeking to tap into the financial muscle of rich Africans and other investors around…
E-commerce predicted to increase by 30% by end of 2022
Global E-shopping platforms study investing in Egyptian food sector E-Commerce in Egypt is expected to increase by 30% by end…
Qatar exchange houses' foreign currency purchase, sale moderates in 2020: QCB
Purchase and sale of foreign currencies by Qatar’s exchange houses further moderated during 2020, Qatar Central Bank said and noted…
Saudi banks’ credit to the private sector goes up by $3.4bln
Saudi commercial banks’ credit to the private sector rose by SR12.7 billion ($3.4 billion) in November when compared to the…