Middle East Business News

Middle East 'ripe' For Transition To Digital Payments, Says Network Int'l CEO

Network International processed approximately 680 million transactions across the Middle East and North Africa in 2018 Read more

Kuwait's Kamco, Global To Merge Into $13bn Investment Giant

Kuwaiti investment companies sign agreement to cement merger talks and start regulatory process Read more

India's Largest Bank SBI Inks Payments Deal With Hitachi

State Bank of India announces launch of joint venture for a card acceptance and digital payments platform Read more

National Bank Of Bahrain Ramps Up Operations In UAE, Saudi Arabia

The bank has doubled its staff numbers in Riyadh and is recruiting people to its Abu Dhabi branch Read more

National Bank Of Bahrain Ramps Up Operations In UAE, Saudi Arabia

The bank has doubled its staff numbers in Riyadh and is recruiting people to its Abu Dhabi branch Read more

Dubai Lending Platform Secures New Funding For Expansion Plan

Beehive says it has won a further $4m to help drive GCC and South East Asia expansion Read more

Dubai Lending Platform Secures New Funding For Expansion Plan

Beehive says it has won a further $4m to help drive GCC and South East Asia expansion Read more

UAE Bank Hires Former StanChart Senior Exec As New CEO

United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO Read more

UAE Bank Hires Former StanChart Senior Exec As New CEO

United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO Read more

DIFC Regulator To Strengthen Corporate Oversight In Wake Of Abraaj Collapse

Dubai Financial Services Authority CEO Bryan Stirewalt said it will re its approach to supervision after an exhaustive i... Read more

DIFC Regulator To Strengthen Corporate Oversight In Wake Of Abraaj Collapse

Dubai Financial Services Authority CEO Bryan Stirewalt said it will re its approach to supervision after an exhaustive i... Read more

Kuwait Finance House Using Robotic Assistant For Loan Applications

Kuwait Finance House's robotic assistant will handle customer loan applications and will autonomously create credit repo... Read more

Alaskan Quant Fund Sees Profit In Frontier Markets Near Upgrades

Stocks from Kuwait currently comprise about 22% of the MSCI Frontier Markets Index, the highest weighting of any country Read more

Kuwait Said To Be Planning $10bn Fund With China

Sources say Gulf state is discussing the creation of a Kuwait-China Silk Road Fund that would invest in projects related... Read more

Saudi Banking Giant Picks Temenos For Digital Transformation

Al Rajhi Bank, the world's largest Islamic bank, appoints software firm to drive digital solutions Read more