Dubai unifies all government health insurance systems; announces new benefits
Dubai has unified all government health insurance systems under one umbrella called ‘Enaya’. The move covers all government insurance…
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ahlibank's 'Al Nukhba' account enhances its premium banking portfolio
In a bid to deliver more innovative and value-added services to its premium customers, ahlibank offers ‘Al Nukhba’ banking account,…
Garanti BBVA interacts with more than 650,000 customers a month with its smart assistant Ugi
Digitization in the banking sector is increasingly taking on different dimensions. Virtual assistants and chatbots have come to life with…
Egypt to join BRICS New Development Bank
The BRICS New Development Bank (NDB) announced Wednesday that it will add Egypt as its new member. "We are…
Saudi Central Bank approves Gulf Union Al Ahlia's capital raise to $122mln
The Saudi Central Bank (SAMA) has approved the capital increase of Gulf Union Al Ahlia Cooperative Insurance to SAR 458.9…
Suez Canal to establish sovereign wealth fund
The Suez Canal Authority (SCA), the government body that operates the Suez Canal, plans to establish its own sovereign wealth…
Turkey’s banking field registers USD5.8b of net profit
According to the Turkish banking regulator announcement on Wednesday, the country’s banking field recorded a 75.3 billion Turkish liras (USD5.8…
Saudi Alinma Bank's board recommends $211.7mln cash dividends for H2
Alinma Bank's board of directors recommended the distribution of SR795.1 million ($211.7 million) worth of cash dividend for the second…
Dubai-based Emaar Development CEO resigns for personal reasons
The CEO of Emaar Development, Bader Hareb, has resigned after three years in the role, citing personal reasons. Hareb’s…
AI at forefront of solving emissions challenge in Qatar
As Qatar pursues a sustainable future, efforts in this direction enter an opportunistic new phase following a renewed emphasis on…
The IILM announces leadership changes for 2022
The International Islamic Liquidity Management Corporation has appointed H.E. Khaled Mohamed Balama as the Chairman of its Governing Board (“GB”),…
Bitcoin slump? Yes, but ignore the crypto deniers
Bitcoin is likely to record its worst monthly performance since May, but you should “ignore the crypto deniers” if you…