Financial Services MENA Edition
Latest News
Barclays’ new vigour tempers calls for shake-up
The UK bank earned an 11% return on equity in the first quarter
Expat remittances globally hit $466bln
India topped in this regard in 2017 with remittances worth $69 billion
Saudi sets up committee on Saudi Oger debt restructuring- sources
In recent weeks, the central bank has informed lenders that a committee will be formed to handle claims related to Saudi Oger, said the source
Bitcoin climbs to six-week high as market sentiment improves
Bitcoin's gains also increased demand for other cryptocurrencies
80% of UAE residents recommend their bank: study
76.4% would recommend their car insurer to others
Global blockchain market ‘to reach $9.7bln in 2021’
Startups in the nascent blockchain industry are driving this growth
Khaleeji Commercial Bank - Bahrain offers instant debit card to new customers
This applies to card replacement requests for lost or damaged cards as well
Moroccan phosphate producer eyes bonds issue
Subscription for the OCP bond will take place from May 2 to 4.
Abu Dhabi's Mubadala and MIP to sell 50% stake in Abu Dhabi Terminals- statement
Abu Dhabi Terminals operates and manages a 30-year concession at Khalifa Port Container Terminal in the emirate.
Egypt's Qalaa Holdings' shares fall after regulator demands fair value study
Egypt Qalaa holdings' shares fell 6%
Insights
Institutional Money Fund foundations laid in Saudi Arabia: Fitch
Retail investors represent the largest share of money fund investors in Saudi Arabia.
Barclays’ new vigour tempers calls for shake-up
The UK bank earned an 11% return on equity in the first quarter
India's cash shortage may be charged to Modi
Indians withdraw money to celebrate religious festivals and prepare for the harvest.
