All News Under "Banking" RSS ATOM

RAKBANK, RAK Insurance Sign Five-year Group Credit Protection Deal

Banking - Published date: .

RAKBANK has signed a five-year Group Credit Protection agreement with RAK Insurance designed to provide financial prote... Read more

DP World Plans To Acquire Topaz Energy

Banking - Published date: .

DP World is in advanced discussions to acquire Topaz Energy & Marine in what would be the Dubai-based company’s f... Read more

Turkey Resumes Push To Boost Budget With Central Banks Cash

Banking - Published date: .

Turkey is planning to use central bank cash to help finance its widening budget deficit, just weeks after policy makers... Read more

Abraajs Abdel-Wadood Pleads Guilty, Will Cooperate In Probe

Banking - Published date: .

A former Abraaj Group executive has pleaded guilty to conspiracy charges and agreed to cooperate with US prosecutors pr... Read more

Turkish Banking Regulator Approves Emirates NBDs Acquisition Of Denizbank

Banking - Published date: .

UAE’s Emirates NBD has received the Turkish Banking Regulation and Supervision Agency’s (BDDK) approval to acquire ... Read more

Stanbic Adopts Infosys Finacle Mobile Teller Solution Across Africa

Banking - Published date: .

South Africa-based Standard Bank (Stanbic) has adopted Infosys Finacle mobile teller solution to digitise its banking s... Read more

Trade Bank Of Iraq Opens New Headquarters In Baghdad

Banking - Published date: .

Trade Bank of Iraq (TBI) has opened its new headquarters in Baghdad, which is designed to facilitate collaboration as i... Read more

UAEs NPCC Plans To Expand Into Wind Power

Banking - Published date: .

The National Petroleum Construction Company, the builder of Saudi Aramco drilling platforms, plans to diversify into re... Read more

CBUAE Enhances Reporting Of Non-performing Loans

Banking - Published date: .

The Central Bank of the UAE (CBUAE) is enhancing its reporting of NPL for the UAE banking system to align its methodolo... Read more

UAE Eases Long-term Residency Rules For Business Executives

Banking - Published date: .

The UAE said that foreign executive directors will be eligible for long-term residency permits if they earn a monthly s... Read more

Saudi Capital Markets Authority Scraps Ownership Cap For Strategic Investors

Banking - Published date: .

Saudi Arabia has removed a cap on ownership of publicly traded companies for foreign strategic investors, paving the wa... Read more

SABB Partners With ICAEW

Banking - Published date: .

SABB has partnered with ICAEW to become the first bank in Saudi Arabia to be an ICAEW Authorised Training Employer. Ma... Read more

Noor Bank Launches Premium Banking Package

Banking - Published date: .

Noor Bank has introduced a new premium banking package for the growing affluent segment of the UAE population. The lend... Read more

Egypts Swvl Secures $42 Million For African Expansion

Banking - Published date: .

(Bloomberg) --Swvl, an Egyptian app for booking buses, has raised $42 million as it looks to expand into other parts of... Read more