Banking & Finance

Hybrid-cloud infrastructure is essential for large-scale banks – Here’s why

Banks 300 times more likely than any other industry to be cyber targeted

What did Twitter board decide about Musk’s buyout deal?

Musk appeared virtually yesterday at Qatar Economic Forum

Kuwait’s Al Ahli approves acquisition of Gulf Bank

Meeting approved start of due diligence work on JV deal

Saudi’s Ministry of Human Resources registers SAR34.7 bn in revenues

Revenue from expatriate fees amounted to 6.86 billion riyals

UAE Ministry of Finance announces second auction of federal treasury bonds

The auction is part of the AED 9 billion T-Bonds issuance program for 2022

Oman’s Sohar Bank intends to merge with HSBC Oman

SAOG to offer HBMO shareholders cash and shares

Migrants still sending billions home despite pandemic hurdles

Money transfers amounted to about $605 billion in 2021

Qatar Airways announces record profit in its history

Net profit reported is valued at $1.54 billion

Sheila Alrowaily’s first interview after SAMA’s appointment

"The Kingdom's leadership has promoted Saudi women to many positions"

Veteran female bankers launch International Council for Women in Finance

El-Hilaly to Economy Middle Al Raha: “Simple and Versatile Platform”

Mega investors opt for Dubai lured by favorable financial future

Inflation, geopolitical tensions impacted HNWI's spending patterns

Kuwait’s Al Ahli, Gulf banks explore merger deal

Potential to convert into one Sharia-compliant financial institution

S&P: Turkish banks’ external loans subject them to danger

S&P does not expect any liquidity issues with Turkish banks

Beltone takeover bid: UAE’s Chimera offers acquisition above WM Consulting price

Chimera's offer is about 10% higher than its Egyptian competitor’s

Sheila Alrowaily, the first woman to serve on SAMA’s board of directors

Increasing share of women in work in MENA could increase the GDP to $2 tn

Subsidiary to Saudi PIF buys a $1bn chunk of Embracer gaming group

The games and esports company will hold 8% of the shares

Meeza cards to be soon available for Egyptians in UAE, Jordan

As part of a cooperation agreement between the three nations' central banks