Uncategorized

Regulation, Risk & Compliance

Banks in UAE need to ensure full compliance with consumer protection rules: UAE Central Bank

December 17, 2021

Banks in the UAE will need to work closely with the regulator towards “full compliance” on the Consumer Protection Regulations…

Read More

Comment & Analysis

Qatari realty firms named among region’s top firms

December 17, 2021

Qatari real estate companies have been ranked among the region’s top companies by  Forbes  magazine.  Qatari  Diar,  Ezdan  Holding Group,…

Read More

FinTech

DeFi set to revolutionise global trade

December 17, 2021

The UAE is making significant strides and fast becoming one of the world’s most blockchain-friendly nations with decentralised finance (DeFi)…

Read More

Comment & Analysis

Saudi 2022 inflation seen within a range of 1% to 2%, given no change in VAT

December 17, 2021

The annual rate of consumer inflation in Saudi Arabia has averaged 3.3 percent in the year through November 2021, according…

Read More

Comment & Analysis

Israel’s First Digital Bank raises USD 120 million from global investors

December 17, 2021

The First Digital Bank (FDB) announced on Tuesday that it has raised USD 120 million from backers, including Swiss wealth…

Read More

Executive Moves

RAKBank appoints Raheel Ahmed as its chief executive

December 17, 2021

National Bank of Ras Al Khaimah on Thursday said it has appointed Raheel Ahmed as its new chief executive.  …

Read More

Executive Moves

Standard Chartered makes key UAE hire as it targets Islamic banking growth

December 17, 2021

Standard Chartered has announced the appointment of Ali Allawala as head of Islamic banking (Saadiq) for the UAE as it…

Read More

FinTech

Digital wealth manager launches Smartfolio products linked to MENA Venture Capital Funds

December 16, 2021

ADGM-based digital wealth management firm, FinaMaze, has announced the launch of its groundbreaking product which allows, starting from $ 10,000,…

Read More

Hedge Funds & Alternative Investments

UAE's Alpha Dhabi Holding eyes $2.17bln in investments across sectors

December 16, 2021

Abu Dhabi’s Alpha Dhabi Holding, a subsidiary of International Holding Co. (IHC), has announced plans to invest up to 8…

Read More

Hedge Funds & Alternative Investments

Qatar Central Bank to start gradual reduction of pandemic stimulus

December 16, 2021

The Qatar Central Bank said on Thursday it will start working on a gradual reduction of the measures introduced to…

Read More

FinTech

Crypto exchange Binance hopes to have Dubai HQ

December 16, 2021

Binance, the largest cryptocurrency exchange, is set to sign an initial agreement with the Dubai government regarding crypto-related activities, Asharq…

Read More

Awards and Recognition

QNB gets ‘Strongest Bank in the Arab World 2021’ award

December 16, 2021

QNB Group, the largest financial institution in the Middle East and Africa, recently received the award for ‘Strongest Bank in…

Read More