Financial Services MENA Edition
Latest News
Bank Aljazira to offer Apple Pay in Saudi Arabia
It’s a fast, private and secure way to pay using your iPhone, Apple Watch, iPad and iMac
Saudi Arabia aims to achieve e-payment target of 70%
Saudi Arabia wants to achieve an e-payment target of 70% by 2030, a banking official said
UK public finances hit record monthly surplus due to strong income tax revenue
Britain ran a budget surplus of 14.895 billion pounds in January
Standard Chartered sets aside $900mln to cover U.S., British fines
Provision also for potential resolution of U.S. investigations
Indonesia central bank aims for more lending while holding key rate
Governor: Interest rate policy aimed at external stability
China central bank sees benchmark rate cut as last resort, may use other tools - sources
Benchmark rate cut not imminent even as inflation cools-sources
Australian regulator investigates trading in pay-later stocks
Shares in Afterpay had been rising steadily in recent months
Planet Payment to build Bahrain's tourist VAT refund scheme
The new refund system will be established and ready during this year
French court fines Swiss bank UBS $4.20bln for tax fraud
The judges did not immediately announce any compensation to the French state for lost tax revenues.
Hedge funds hunt for shipping debt in new market push
A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before
Insights
Brexit defections reveal frayed fabric of UK politics
Success of defection depends on more joining
How personal finance guru Jill Schlesinger got smart about money
Maintain a diversified portfolio, with the allocation between stocks, bonds, cash
Hedge funds accelerate oil buying: Kemp
Investors bought crude oil futures and options at the fastest rate for almost six month
