Financial Services MENA Edition

The HV Capital Fund 8 brings total assets under management

technology

Banks roll out robots as pandemic shakes up IT plans

The bots were one of many quick technology changes deployed across the industry during the crisis

financial services

ENBD launches customisable Visa credit card

Visa Flexi Credit Card is aimed at people who appreciate flexibility and customization in all aspects of their life

currencies

Expat remittances in Saudi Arabia jump 18.5% in 9 months

In September, remittances jumped by 28.6%

financial services

EIBFS, APCO Worldwide call for robust crisis protocols, maintaining transparent communication

The webinar drew the participation of more than 40 professionals

wealth

Sovereign funds seek to raise debt and equity as pandemic strains state budgets

Many SWFs have traditionally relied on cash funnelled from their governments to support the bulk of their finances,

investment

Abu Dhabi to issue FDI licences allowing 100% foreign ownership

In sectors including agriculture, industry and services

financial services

Firm hired to audit Lebanon central bank has not received all requested info - sources

The central bank said this month that it had provided "all the documents and information which Lebanese laws allow."

currencies

Egypt's M2 money supply up 18.62% year-on-year in September -central bank

The money supply stood at around $304.15bln

financial services

First Abu Dhabi Bank resumes exclusive talks to buy Bank Audi Egypt

"These discussions are subject to a confirmatory due diligence exercise, definitive transaction agreements and the necessary regulatory approvals," FAB said in a statement

Multimedia

UAE and Bahrain sign deals with Israel at White House ceremony

Financial Services MENA Edition

CBD records 23% lower net profits in 9 months

Saudi Mawani, KPMG Al Fozan sign deal to achieve financial sustainability

Saudi inter-bank money transfer within 24 hours in the offing

Abu Dhabi to issue FDI licences allowing 100% foreign ownership

Firm hired to audit Lebanon central bank has not received all requested info - sources

First Abu Dhabi Bank resumes exclusive talks to buy Bank Audi Egypt

IsDB teams up with Standard Chartered via MoU

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Most UAE investors plan to adjust portfolios prior to US polls - UBS

Dubai's Amanat Holding terminates sale of Middlesex University

Airlines will need to cut more jobs to be cash positive in 2021 - IATA

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Coronavirus and the great workplace debate: John Kemp

Exchanges, retail brokers, say they are ready for any post-U.S. election volatility

Banks roll out robots as pandemic shakes up IT plans

Latest News

Germany's HV Capital raises $632mln for new fund

Banks roll out robots as pandemic shakes up IT plans

ENBD launches customisable Visa credit card

Expat remittances in Saudi Arabia jump 18.5% in 9 months

EIBFS, APCO Worldwide call for robust crisis protocols, maintaining transparent communication

Sovereign funds seek to raise debt and equity as pandemic strains state budgets

Abu Dhabi to issue FDI licences allowing 100% foreign ownership

Firm hired to audit Lebanon central bank has not received all requested info - sources

Egypt's M2 money supply up 18.62% year-on-year in September -central bank

First Abu Dhabi Bank resumes exclusive talks to buy Bank Audi Egypt

Multimedia

GalleryUAE and Bahrain sign deals with Israel at White House ceremony

GalleryEditor’s Choice: July 30, 2020

VideoGlobal remittances set to drop 30% in 2020

VideoCOVID-19: How to deal with your savings and investments

VideoCOVID-19: UAE Central Bank urges banks to help private sector, SMEs, individuals