Business LeadersFeaturedUnited Arab Bank of Sharjah appoints interim CEOIFM CorrespondentJanuary 24, 2022 by IFM CorrespondentJanuary 24, 2022 Thomas Matthew Alexander joins as interim CEO after the former executive quit... Read more
BankingFeaturedSaudi British Bank launches the Kingdom’s first shariah compliant supply chain finance solutionIFM CorrespondentNovember 17, 2021 by IFM CorrespondentNovember 17, 2021 The launch is in line with Vision 2030 initiative to increase financing to the SME sector... Read more
BankingFeaturedAl Maryah Community Bank launches digital app after CBUAE approvalWebAdminJuly 8, 2021 by WebAdminJuly 8, 2021 The bank will now help its customers create savings and current accounts, and also help contribute to the digital banking revolution... Read more
BankingFeaturedUAE banks’ assets increase by 7.6% y-o-y in September-endPritam BordoloiNovember 30, 2020 by Pritam BordoloiNovember 30, 2020 When compared quarterly, assets increased by 2 percent to reach Dh3.253 tn... Read more
BankingFeaturedUAE banks provide 98% of services digitally amid coronavirus outbreakInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 A study also revealed that digital banking users significantly increased to 90%... Read more
BankingFeaturedAion Digital and Qarar partner to transform credit markets in MEInternational Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The partnership will enable traditional and challenger banks to offer instant financing to customers... Read more
BankingFeaturedEmirates NBD leverages LiquidX platform to focus on core marketsInternational FinanceMarch 10, 2020March 18, 2020 by International FinanceMarch 10, 2020March 18, 2020 The partnership will enable LiquidX to expand its presence into the Middle East... Read more
BankingFeaturedSaudi Arabia reviews two new digital banking applicantsPritam BordoloiFebruary 28, 2020 by Pritam BordoloiFebruary 28, 2020 The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations... Read more
BankingSaudi Arabia’s NCB and Riyadh Bank end merger talksPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 The two Saudi banks failed to agree on a valuation... Read more
BankingNBB to acquire 100% of Bahrain Islamic Bank’s paid up sharesPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 On offer: Cash or a share-swap with an exchange ratio of 0.167 NBB shares per Bahrain Islamic shares... Read more