The Omicron Edition by Sanctum Wealth
• Omicron, the new COVID strain overwhelmed markets last week, but concerns appear misplaced as of now • The initial…
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GCC banking sector net profits show increase; hit $9.4bn in Q3
GCC banking sector net profits showed a q-o-q increase almost equivalent to the decline in loan loss provision (LLP) during…
Israel’s Bank Hapoalim to Invest $10 Million in Digital Wallet Neema
Israel’s Bank Hapoalim is in advanced stages to strategically invest in the Israeli fintech startup Neema. Hapoalim is expected to…
Global Finance Awards Bank Al Etihad Jordan's for the year 2021
The pioneer financial magazine, Global Finance, issued its winners list for the World’s Best Consumer Digital Banks for the year…
Saudi Arabia’s net foreign assets decline 3.3% in October
Net foreign assets held by the Saudi Central Bank went down by a monthly rate of 3.3 percent to reach…
QNB receives ‘Best Transaction Bank in Middle East & Africa’ Award by The Asian Banker
QNB Group has received the ‘Best Transaction Bank in Middle East & Africa’ award by The Asian Banker, as part…
Raseed closes $1.1 million investment round led by Impact46
UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel…
Saudi Arabia’s digital ambitions are key to low-carbon future
At the recent inaugural Saudi Green Initiative Forum and just days before the start of the recently concluded COP26 conference…
The role of hydrocarbons in the energy transition agenda
“The things of nature do not really belong to us,” Oscar Wilde has been quoted as saying. “We should leave…
Kuwait’s central bank, CMA initiate campaign on crypto assets
The Central Bank of Kuwait has collaborated with the Capital Markets Authority to launch a joint financial literacy campaign on…
Israel's Bank Leumi raises $721 mln in bond issue
Bank Leumi (LUMI.TA), one of Israel's two largest lenders, said on Sunday it raised 2.3 billion shekels ($721 million) in…
ALEXBANK launches a new communication strategy
ALEXBANK launches its new communication strategy, designed and developed for all 11 International Subsidiary Banks of Intesa Sanpaolo, the leading…