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Banking & Finance
Banking & Finance
30% of major banks will launch BaaS for new revenue by 2024
But half will not meet targeted revenue expectations
Banking & Finance
UAE’s fourth auction of 5-year T-bonds achieves AED 1.5 bn
As part of the AED 9 bn T-Bonds issuance program for 2022
Banking & Finance
UAE: AED 33.5 bn in financing for trade, industry
Cumulative credit balance amounted to AED 718.1 bn in June
Banking & Finance
ADCB raises $500 mn with debut green bonds
Transaction attracted $1.9 bn in orders from regional, international investors
Banking & Finance
Al-Jadaan at the opening of Euromoney: Saudi economy emerged stronger than ever
"We are committed to carry out vision programs, broaden economic base"
Banking & Finance
Saudi’s SAMA to soon appoint a crypto official
To boost digital ambitions
Banking & Finance
ADCB in plans to sell $1 bn of bad debt
To clean up corporate defaults
Banking & Finance
A&M: Aggregate Q2 net profit of top 10 Saudi banks rises 2.7%
On interest income growth
Banking & Finance
3% annual growth in CBUAE gold balance by end June
Investments of banks in UAE rise by 4.3% on annual basis
Banking & Finance
Profits of GCC-listed companies rise 62% yoy in Q2
Saudi leads the way with 70.4% growth
Banking & Finance
Fintech industry in MENA triples to $1.68 bln in H1
UAE leading market for VC
Banking & Finance
Vodafone Qatar granted first license for e-payment services
Through iPay mobile payment system
Banking & Finance
EDB empowers SMEs with a new 5-million-dirham financing service
The service is the first of its kind in the UAE
Banking & Finance
Qatar: Two companies granted first licenses for digital payments
Step to contribute to the development of the fintech sector
Banking & Finance
IMF agrees to disburse two tranches of $1.17 bln to this country
“IMF approved 7th, 8th reviews of fund facility for Pakistan”
Banking & Finance
Saudi Central Bank assets climb to $533bn in July
Amid continued economic recovery
Banking & Finance
Central bankers around the world declare war on inflation
They are at risk of losing the confidence they built over decades
Banking & Finance
Saudi King directs government to invest $1 bln in Pakistan
Saudi is one of Pakistan's largest donors
Banking & Finance
Saudi cinemas post $54.8 mln in revenues since ban lift
Revenues grew by 26%
Banking & Finance
Saudi’s Kingdom Holding reports H1 profit of $1.7bn
Profits slightly increased by 3.6% in Q2 2022
Banking & Finance
Qatar Sovereign Fund considers $3 bln in Pakistan
Qatar is evaluating investments in Pakistan’s main airports
Banking & Finance
Emaar enters final stages of selling Namshi to Noon
The deal is expected to close in the next 6 months
Banking & Finance
IHC subsidiary Palm Sports renews AED306 mn government service agreement
Company to provide 350 world-class Jiu-Jitsu coaches across UAE
Banking & Finance
Saudi, UAE highest earners of investment banking fees regionally
Investment banking fees in MENA amounted to $806 mln in H1
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