Banking & Finance
DAMAC Secures $229M For Its London Premiere Project
DAMAC International has secured a development financing package of $229 million for its London landmark project, DAMAC Tower, at Nine Elms.
By
Nermeen Abbas
3 min read
Dubai's Emirates NBD Saves $500M In Its Acquisition Of Turkish Denizbank Thanks To Lira Slump
The lira has lost 17% against the dollar since the deal was signed, hitting a record low in August.
By
Nermeen Abbas
3 min read
Kuwait’s Investment Firms Kamco And Global Investment House Merge To Form $13B Entity
The move to merge comes after Kamco acquired a majority stake in Global last year for an undisclosed sum.
By
Mary Sophia
4 min read
UAE banks to pay $5.1 billion Dividends for FY 2018
A total of $5.1 billion of dividends have been proposed by 18 listed UAE national banks for 2018—12.2% up from $4.5 billion in 2017 due to incresased profits.
By
Jason Lasardo
3 min read
Banks Are Promoting 'Female' Chatbots To Help Customers, Raising Concerns Of Stereotyping
The proliferation of bots with female names raises questions about whether they might also perpetuate gender stereotypes, particularly around the notion of women in the role of assistants.
Berkshire Hathaway Lost $25.4B In Q4 2018, But That Is Not Their Biggest Concern
Billionaire Warren Buffet’s investment firm Berkshire Hathaway reported a profit of $4 billion during the financial year of 2018 on the back of a $3 billion loss in food giant Kraft Heinz. This is
By
Jason Lasardo
4 min read
UAE Exchange And Unimoni To Process Remittances Through Blockchain
The financial services brand will use Ripple’s blockchain platform to process remittances to Thailand.
By
Mary Sophia
4 min read
Existing Institutions Fight Fintech With Innovation
Oliver Wyman’s State of Financial Services Report, launched at the World Economic Forum Annual Global Meeting, describes an emerging "greenfield" approach.
By
Amany Zaher
5 min read
Banking & Finance Now
DAMAC Secures $229M For Its London Premiere Project
By
Nermeen Abbas
3 min read
Dubai's Emirates NBD Saves $500M In Its Acquisition Of Turkish Denizbank Thanks To Lira Slump
By
Nermeen Abbas
3 min read
Kuwait’s Investment Firms Kamco And Global Investment House Merge To Form $13B Entity
By
Mary Sophia
4 min read
UAE banks to pay $5.1 billion Dividends for FY 2018
By
Jason Lasardo
3 min read
Banks Are Promoting 'Female' Chatbots To Help Customers, Raising Concerns Of Stereotyping
Berkshire Hathaway Lost $25.4B In Q4 2018, But That Is Not Their Biggest Concern
By
Jason Lasardo
4 min read
UAE Exchange And Unimoni To Process Remittances Through Blockchain
By
Mary Sophia
4 min read
Existing Institutions Fight Fintech With Innovation
By
Amany Zaher
5 min read