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Banking & Finance
Banking & Finance
Sheikh Mohammed: Emirates NBD continues to play a major role in the sustained growth of UAE’s banking sector
During a visit to Emirates NBD headquarters on the occasion of the bank’s 60th anniversary celebrations
Banking & Finance
From banks to finfluencers: Navigating the new investment landscape in MENA
Challenges and risks arise as social media democratizes investment information
Banking & Finance
Bankruptcy law, insolvency key focus at financial restructuring conference in Abu Dhabi
Experts take stock of the progress made on the restructuring front in the MENA economies so far.
Banking & Finance
CBUAE: UAE ranks as fourth largest Islamic finance market globally
The Islamic finance sector experienced an 11 percent growth in 2022
Banking & Finance
New Abu Dhabi Islamic Bank payment hub to enable quick transfers
The platform aligns with Abu Dhabi Islamic Bank’s vision for expanding digital services
Banking & Finance
GCC banks’ strong profitability provides robust shield against potential losses from cyber incidents
No significant losses from cyber incidents for rated GCC banks
Banking & Finance
Saudi Arabia’s 2023 budget generates $322.6 billion in revenues
Non-oil revenues in 2023 surged by 11 percent YoY
Banking & Finance
Interest rate cuts in 2024: Will expectations be met?
Analysts cite uncertainties surrounding timing of rate reductions
Banking & Finance
FinTech-telecom fusion: Redefining digital finance
Mobile money revolution bridges financial gaps
Banking & Finance
CEO Damian Hitchen on Saxo Bank’s new strategy aimed boosting competitiveness
Investment banking company introduces schemes to enhance customer experience, increase market share
Banking & Finance
UAE, Saudi Arabia to lead regional sustainable bond issuance in 2024: Report
Green bonds will continue to dominate the sustainable finance market in 2024, S&P says.
Banking & Finance
Air Arabia sees net profit rise 27 percent to $408 million in 2023
Driven by expanding operations, new routes fuel growth
Banking & Finance
WGS 2024: OPEC fund commits $27 billion to support 4,000 development projects in 125 countries
UAE played key role in supporting OFID's sustainable development initiatives
Banking & Finance
Emirates NBD launches $2.45 million prize campaign for customers
Bank rewards savings and encourages financial responsibility
Banking & Finance
WGS 2024: Maktoum bin Mohammed officially launches Buna Payment System
As many as 108 Arab banks have already completed linking with the platform.
Banking & Finance
WGS 2024: UAE establishes investment and taxation cooperation agreements with Arab countries
UAE Ministry of Finance and World Bank renew advisory services agreement
Banking & Finance
WGS 2024: Mohammed bin Rashid meets World Bank Group’s Ajay Banga
Banking & Finance
ADEX, Mashreq and ADCB to provide up to $100 million in financing to BGN
Strategic collaboration aims to enhance UAE's position in global energy market
Banking & Finance
UAE residents may soon have to pay more for remittances
Transfers via mobile apps could remain the same
Bahrain
BCFC and Mastercard partner to launch commercial credit cards in Bahrain
Commercial cards program promises enhanced efficiency and control for businesses
Banking & Finance
Middle East sovereign funds: Powering M&A deals with $81.7 billion in 2023
Region witnessed an estimated $95 billion in mergers and acquisitions in 2023
Banking & Finance
Saudi Arabia banks’ credit growth to slow to 8 to 9 percent in 2024 — S&P
Coming from 10 percent in 2023
Banking & Finance
EFG Hermes concludes advisory on Kazyon’s acquisition of 50 percent stake Dukan in Saudi Arabia
Following collaboration in Kazyon's $76.5 million capital raise/private placement in 2014
Banking & Finance
Klub, a leader in revenue based financing, expands to Middle East
To create AED1 billion credit umbrella in support of SMEs and startups
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