Banking & Finance

Why And How Middle East Banks Continue To Merge

UAE Banks Will Now Assess Customers’ Credit Worthiness Before Issuing Cheque

Kuwait To Be Added To S&P Dow Jones’ Global Benchmark Indices

This UAE Bank Just Executed World’s First Blockchain Sukuk Transaction

Middle East Ultra-Rich Are Spreading Their Investments

Lebanon’s Bond With Fintech

Lombard Odier Has Set Sights On Emerging Markets

How CEO Ajay Banga Is Transforming Mastercard Into A Digital Disruptor

Banking & Finance Now

7 months ago

Why And How Middle East Banks Continue To Merge

In the last decade, more than 10 lenders have sought to capitalize on economies of scale to expand their reach of the market landscape.
7 months ago

UAE Banks Will Now Assess Customers’ Credit Worthiness Before Issuing Cheque Books

 Banks in the U.A.E are now required to assess creditworthiness of their customers with the Al Etihad Credit Bureau (AECB) before issuing cheque books to their customers, according to a circular...
By Amany Zaher 4 min read
7 months ago

Kuwait To Be Added To S&P Dow Jones’ Global Benchmark Indices

The move will be effective before the market opens on September 23, 2019, S&P said in a statement.
By Mary Sophia 3 min read
7 months ago

This UAE Bank Just Executed World’s First Blockchain Sukuk Transaction

Blockchain was used to transact a secondary market deal in the bank’s $500 million senior sukuk maturing in September 2023.
By Mary Sophia 3 min read
8 months ago

Middle East Ultra-Rich Are Spreading Their Investments

An improving global economy has seen the number of ultra-wealthy individuals rise significantly in recent years. So, where are the region’s rich investing their capital? Despite volatile...
10 months ago

Lebanon’s Bond With Fintech

The Lebanese economy is in a debilitating condition due to political as well as social instability. Nevertheless, the country’s financial system is performing commendably. In the words of Lebanon’s...
1 year ago

Lombard Odier Has Set Sights On Emerging Markets

The Middle East office of one of Switzerland’s oldest private banks bears little evidence of its 221-year lineage. If anything, Geneva-based Lombard Odier’s representative office in Dubai is austere...
1 year ago

How CEO Ajay Banga Is Transforming Mastercard Into A Digital Disruptor

Mastercard has had a positive year in terms of performance. Does that mean you are seeing a robust uptick in consumer spending across the geographies you operate in? We are seeing generally...