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Editors pick

Resilience of corporate debt in emerging markets expected to continue with Middle East recording lowest default level

The percentage of Emerging Market firms defaulting on debts due to the impact of the pandemic is expected to be lower than in many...

Network International appoints Group Chief Operations Officer

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced the internal appointment of Jamal Al...

Mashreq names new Head of Business Banking & NEOBiz

Mashreq Bank, has appointed Vikas Thapar as its new Head of Business Banking and NEOBiz - the bank’s exclusive digital banking platform for SMEs. In...

HSBC Bank Middle East Ltd appoints Samir Assaf as Chairman

Samir Assaf has been appointed Chairman of the Boards of HSBC Bank Middle East Limited (HBME) and the HSBC Group’s Principal Regional Subsidiary, HSBC...

Dubai Financial Services Authority and the Bank of Italy signed a Memorandum of Understanding (MoU)

The Dubai Financial Services Authority and the Bank of Italy signed a Memorandum of Understanding (MoU) to facilitate continued cooperation in the area of...

First Abu Dhabi Bank’s Magnati launches end-to-end subscription-based ‘Business in a Box’ solutions for in-store and online SMEs

Magnati, a fully owned subsidiary of First Abu Dhabi Bank (FAB), has launched its ‘Business in a Box’ solution to help small and medium...

Julius Baer’s Global Wealth and Lifestyle Report 2021 reveals that conscious consumption movement is taking off

In a wide-ranging index, Julius Baer tracks prices and consumer behaviour around the world to gauge the price inflation of a basket of goods...

Expert insights: Reinventing banking

In a special report, Branches and Payments, MEA Finance and Avaya concluded that contrary to the popular belief that the days of the bank...

KPMG in Saudi Arabia converts from partnership to joint stock company

KPMG, the leading provider of audit, tax and advisory services in Saudi Arabia, announced that it had obtained official approval from the Saudi Ministry...

Ministry of Finance launches the updated e-refund system for service fees and transactions for federal entities

As part of its ongoing efforts to improve the quality and speed of services and enhance customer satisfaction, the Ministry of Finance (MoF) launched...

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