Saudi economy grows at fastest rate in nearly a decade
Saudi Arabia’s economy grew at its fastest pace in nearly a decade in the third quarter, boosted by higher oil…
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Bahrain hires banks for dollar bonds and sukuk – document
Bahrain has hired a group of banks to arrange calls with fixed income investors ahead of a planned U.S. dollar-denominated…
Qatar Islamic Bank launches video banking
Qatar Islamic Bank (QIB) has announced the launch of a video banking service through its QIB Mobile App. The…
Mashreq Bank reaches deal with US authorities, will pay $100m penalty
Mashreq Bank has reached a settlement with authorities in the US over dollar-related transactions that ‘primarily took place a decade…
How digital change will enable scale
The ability to continually support increased volumes of business without disproportionately adding headcount or other overheads is a true measure…
S&P sees Qatar to repay around $4bn in maturing state debt this year and $2bn in 2022
Global credit rating agency Standard and Poor's (S&P) expects Qatar to repay around $4bn in maturing state debt this year…
Sharjah real estate records $1.5bln in transactions for Q3 2021
The real estate sector has shown significant growth during Q3 of 2021, with 16,781 transactions worth AED5.7 billion by the…
Mashreq Bank automates bancassurance operations
WayPoint Systems has partnered with Mashreq Bank, one of the leading financial institutions in the UAE, to implement its 'ASSURE…
Egypt central bank approves instant payment regulations
Egypt's central bank has approved regulations designed to allow people to make instant electronic payments between bank accounts using their…
Standard Chartered starts UAE's first sustainable bank account
Standard Chartered has started its sustainable bank account in the UAE for large corporates. The bank said deposits in…
CBUAE issues communiqué on joint "mBridge" project with partners from BIS
The Central Bank of the UAE has issued a communiqué on its joint "mBridge" project with partners from the Bank…
Odyssey CEO runs 50km race to raise money for kids with cancer
As the CEO and Co-Founder of the Odyssey Group, the Odyssey team and I strive on a daily basis to…