Tag: Banking
MENA Region Opens New Opportunities for Fintech Companies
Middle East and Africa is projected to experience a significant growth in the coming years to reach USD 3.45 billion by 2026.
New fintech firm...
Emirates NBD Introduces Contactless Identity Verification to Open New Accounts on...
Bank's new TruID digital identity verification solution leverages the power of Near-Field Communication (NFC) technology
Customer identification information read electronically from Emirates ID and biometric...
Bitcoin Surpasses $400B Market Capitalization, More Than Any Global Bank
Bitcoin’s market capitalization has hit record levels in 2020 alongside a surge in the asset’s price. With the market cap, the pioneer cryptocurrency is...
‘World’ debit card of its kind exclusively for SMEs in the...
The Mastercard offers unprecedented benefits and caters specifically to the needs of business banking customers
First Abu Dhabi Bank (FAB), the UAE’s largest bank and...
Increasing Investment Strenghtens Fintech Growth in MENA Region
Naseba is very proud to continue helping the region’s fintech transformation and bridge the ecosystem through our Enterprise Fintech Summit
Dubai Holding to Launch Region’s First Digital Bank
Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next five years to launch...
Bitcoin Investors Beware: Highly Volatile, Lacks Regulations
Global banking regulator sends a warning to bitcoin investors
Stefan Ingves, chairman of global regulators at the Basel Committee and governor of Sweden's Riksbank, said...
UAE most competitive banking market in GCC
Abu Dhabi Islamic Bank (ADIB) reports today that the UAE remains the most competitive banking market in the GCC, a key finding from its proprietary “GCC Banking Competitiveness Report.”
Gulf banks face ‘Skills Shortage’ amid growing demand for financial services
Findings Indicate Gulf Banks Will Focus on Small- and Medium-Sized Businesses, Youth and Women
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
Preparing Emiratis for leadership roles in banking
Dubai Islamic Bank (DIB) announced today the launch of its second Qiyadee programme to develop a core group of employees to assume managerial positions...
Bank of America Merrill Lynch Strengthens Global Corporate Banking Platform with...
Firm to Significantly Grow Corporate Banking Platform around the World
Bank of America Merrill Lynch today announced a series of new hires to its Corporate...
Liquidity improving within the banking system
Though the days of easy credit are a distant memory, there is evidence that liquidity is improving, as the economy emerge from the shadow...
Managing liquidity risk is crucial for UAE banks, say global...
1. Global Association of Risk Professionals hosts Dubai forum
2. Forum hosted By GARP and FRSGlobal in partnership with Emcredit
3. Banks’ collective actions in addressing...
UAE amends terms for key lending facility
The United Arab Emirates Ministry of Finance has amended the terms of its liquidity facility for banks, curbing the state's ability to convert the...
Moody’s new UAE Banking System Outlook negative
The fundamental credit outlook for the banking sector of the United Arab Emirates (UAE) is negative, reflecting growing pressures in the operating environment, which...
UAE had refrained from matching a Federal Reserve interest rate cut
UAE interbank rates have barely reacted to a slew of government and central bank measures to enhance liquidity and improve confidence in the banking...