Financial Services MENA Edition
Latest News
IMF seen as option for Lebanon depending on terms -senior politician
The FPM nominated six of the 20 ministers.
Lebanon finance minister: Impossible for exchange rate to return to what it was- LBC
He told broadcaster LBC that reining in the parallel market, where the price of dollars has risen beyond the official pegged rate, would be "tied to the government's work."
First Abu Dhabi Bank in talks to buy Egyptian unit of Lebanon's Bank Audi - sources
Discussions are at an early stage, the sources said
New Lebanese government must put forward clear economic programme - banking association
In a statement, the banking association said it expected the government's formation to help restore confidence and stability
Hong Kong, Thai central banks closer to using digital currencies for cross-border payments
Other central banks could join HKMA and Bank of Thailand later
Investors look for insurance as U.S. bull market runs- BNP fund manager
U.S. stocks were the standout asset class of 2019
Lebanon PM Diab: firing central bank governor out of the question
The new PM said his government's economic and financial approach would be "completely different"
FAB named ‘Best Trade Finance Provider in UAE’ by Global Finance
Global Finance relies on a multi-tiered assessment process and technology experts to select the best providers of trade finance
Grab, Razer, AirAsia among firms exploring bids for Malaysia digital bank licence -sources
Central bank to issue up to 5 licences for digital banks
M1 aggregates reach $140.1bln in Dec' 2019: UAE Central Bank
Gross bank assets, including bankers’ acceptances, rose by 1.4%
Insights
To train more workers, companies turn to virtual reality
For the next wave in workplace learning, get ready to strap on a pair of virtual reality goggles.
HDFC hiring for India's best, hardest banking job
Official GDP growth slowed to 4.5% in the September quarter, the weakest pace since 2013.
Sterling resists the weight of UK rate cut speculation
Sterling has been the main Brexit barometer