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Banking & Finance
Banking & Finance
Bitcoin price likely to hit $100,000 mark in 2024, experts say
The 100k mark is simply a matter of when, not if
Banking & Finance
Hedge fund industry sees $190 billion asset growth in Q1, hits record $4.3 trillion
The industry attracted $16.6 billion in new investments, with a focus on equity and event-driven hedge fund strategies
Banking & Finance
UAE weather: Banks, finance companies can defer loan EMIs for six months, Central Bank says
Rain-damaged vehicles and homes are covered by insurance companies
Banking & Finance
UAE corporate tax: FTA urges registration by May 31 for select licence holders
Failure to comply with the deadlines could result in administrative penalties
Banking & Finance
Qatar commercial banks’ credit facilities grow 5.3 percent to $360.4 billion in February
Total deposits see impressive 8.3 percent annual surge
Banking & Finance
UAE’s ADNIC acquires majority stake in Allianz Saudi Fransi, expands footprint in Gulf region
The acquisition will make ADNIC one of the Tier-1 listed insurers in Saudi Arabia
Banking & Finance
The World Bank: MENA can be an engine for change, partner for sustainable future
Region must tackle important structural reform agenda to ensure peace and stability
Banking & Finance
MENA’s banking and finance sector embraces the digital tide
Tech-driven transformation revolutionizes banking and finance in the Middle East
Banking & Finance
Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption
Businesses need to be agile, adapt their strategies and invest in digital infrastructure
Banking & Finance
The rise of ‘finfluencers’: Insights from CFA Institute’s President Margaret Franklin
President and CEO discusses the challenges women face in the industry
Banking & Finance
Saxo Bank’s Founder and CEO Kim Fournais: Keeping an eye on innovation to meet ever-evolving client needs
Company recorded more than $108 billion in client assets last year
Banking & Finance
ADGM’s Emmanuel Givanakis: Robust regulatory frameworks, key to success of the UAE’s financial landscape
With ADGM’s FSRA as a premier advocate, the Emirate is assured a progressive financial service environment
Banking & Finance
EFG Holding Group CEO Karim Awad: Investing in infrastructure and innovation to stay ahead
Future-proofing business key to meeting shareholder expectations and long-term success
Banking & Finance
Digital asset custody transforming financial services in the Middle East
It offers a secure and streamlined approach to the storage and management of digital assets
Banking & Finance
How can banks stop fraud in a world of instant payments?
Lenders must use innovative approaches to gain customer trust and acceptance of instant payments
Banking & Finance
Qatar Central Bank’s foreign reserves surge 5.2 percent to $67.9 billion in March
The official reserves at the end of March 2024 increased by $3.11 billion
Banking & Finance
Egypt’s budget surplus soars to $8.74 billion in first nine months of FY 2023/2024
This marks a substantial growth compared to $1.05 billion in the same period in FY 2022/2023
Banking & Finance
Visa Impact series: Empowering merchants to go cashless
Zarina, a small business owner and Dordoi Bazaar merchant, was able to access the global digital economy thanks to impactful Visa partnership.
Banking & Finance
China to establish $70 billion re-lending program to support science and technology sectors
21 banks will provide loans to small and midsize technology companies at a 1.75 percent interest rate under this program
Banking & Finance
Visa Impact series: Small steps toward greater outcomes
A regional and global winner of the Visa Everywhere Initiative, fintech company Thrive Agric is digitally enabling smallholder farmers across Africa
Banking & Finance
Total assets of Qatar’s banks surge 5.8 percent to $541 billion in February
Meanwhile, domestic credit saw a 5.8 percent annual increase to QAR1.26 trillion
Banking & Finance
Egypt’s foreign reserves jump to $40.36 billion in March
The reserves surged by 14.4 percent
Banking & Finance
Digital wallets empower financial inclusion and cross-border payments: Visa report
The global volume of digital wallets is forecasted to reach $12 trillion annually by 2028
Banking & Finance
UAE banking sector transfers exceed $411.7 billion in January 2024: Central Bank
Meanwhile, the value of cash deposits in the central bank reached AED15.466 billion in January 2024
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