All News Under "Banking" RSS ATOM

Mashreq Launches Mobile App To Offer International Market Investment

Banking - Published date: .

Mashreq Bank has launched Mashreq Snapp to offer customers instant global investments and return on investment through ... Read more

AA- Ratings Affirmed For The UAE, Outlook Stable

Banking - Published date: .

CI Ratings (CI) has affirmed its AA- long-term foreign currency rating (LT FCR) and long-term local currency rating (LT... Read more

Barclays To Cut 20 Per Cent Of Jobs In Dubai Wealth Management Business

Banking - Published date: .

Barclays is cutting about 20 per cent of jobs in its wealth management business in Dubai and the layoffs will include s... Read more

SHUAA Capital Shareholders Approve Merger With ADFG

Banking - Published date: .

SHUAA Capital’s shareholders have approved the proposed merger with Abu Dhabi Financial Group (ADFG), which will crea... Read more

Saudi Arabia Pledges To Maintain Output Cuts As Shale Surges

Banking - Published date: .

Saudi Arabia is fulfilling its pledge to make deeper cuts in oil output than the OPEC+ agreement on output requires, ac... Read more

Fitch Cuts Turkeys Credit Rating After The Dismissal Of TCMB Chief

Banking - Published date: .

Fitch Ratings has downgraded Turkey's long-term foreign-currency issuer default rating (IDR) to BB- from BB with a nega... Read more

Turkey Weighs New Reserve Rules For Banks To Boost Credit Growth

Banking - Published date: .

Turkey’s government is preparing to provide a boost to the economy through faster credit growth by tweaking some rese... Read more

NBB Joins National EKYC Platform

Banking - Published date: .

The National Bank Bahrain (NBB) has joined the National eKYC (Know Your Customer) platform mandated by the Central Ba... Read more

Egypts Fawry Plans Egypt Stock Exchange Listing

Banking - Published date: .

The Managing Director of Egyptian based digital bill payments company, Fawry, said that the firm has begun preparing fo... Read more

ADGM To Start Issuing Digital Banking Licences

Banking - Published date: .

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) is now issuing digital banking lic... Read more

DIFC Introduces New Licencing Categories And Fees

Banking - Published date: .

Dubai International Financial Centre (DIFC) has introduced four new licencing categories as well as fees which are desi... Read more

Goldman Sachs Hires Mohammed Nazer For Saudi Investment Banking

Banking - Published date: .

Goldman Sachs Group has hired JPMorgan Chase & Co’s Mohammed Nazer to join its investment banking team in Saudi A... Read more

CVC Capital Partners-led Consortium To Acquire A 30 Per Cent Stake In GEMS Education

Banking - Published date: .

A consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30 per cent stake from existing sh... Read more

HSBC Launches Issuer Services In The UAE And Egypt

Banking - Published date: .

HSBC has launched its onshore issuer services business in the UAE and Egypt. The bank stated that the issuer services ... Read more

UAEs Finance Ministry Signs MoU With HFZA And SAIF Zone

Banking - Published date: .

The UAE’s ministry of finance (MoF) has signed an MoU with Hamriyah Free Zone Authority (HFZA) and Sharjah Airport In... Read more