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Nomura Holdings Inc., financial firm based in Japan plans to hire over 40 private bankers in Asia and the Middle East in the next two years. The company is looking at tapping into an expanding pool of rich families and entrepreneurs in the region, based on the report by Reuters News on Thursday. The company […]
Arab Monetary Fund extends $615.8 million loan to support reforms in the financial and banking sector in Egypt. The sum extended within the framework of the structural adjustment facility in the financial and banking sector is equivalent to the amount of Arab accounting Dinar 153.475 million. The loan supports a reform program aiming at enhancing […]
Profits were up by 71% year-on-year, driven by diversified growth in the balance sheet, continued sales momentum and strong credit quality. The National Bank of Ras Al Khaimah (RAKBANK) reported strong financial results for the first half of 2023 (H1’23). As the bank accelerates strategic transformation for H1’23, the cost increases were 7 per cent […]
On Monday, M&T Bank Corp. surpassed Wall Street expectations for the first quarter’s earnings as a result of the U.S. Federal Reserve’s accelerated rate hikes to manage excessive inflation. Heavyweights in U.S. banking have also benefited from greater interest payments in the first quarter, avoiding a crisis brought on by the failure of two local […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, Emirates NBD Capital KSA’s Jawad Kiwan bagged the Outstanding Contribution to the Corporate Banking Sector 2022 […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, Alrajhi Bank bagged two awards in the banking sector – one for Best Corporate Bank 2022 […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, Banque Misr bagged the Best Digital Transformation in Banking 2022 award. Business Tabloid was proud and […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, National Bank of Egypt bagged the Best Retail Bank award. Business Tabloid was proud and honored […]
According to H.H. Sheikh Mansour bin Zayed Al Nahyan’s vision, the Central Bank of the UAE (CBUAE) today launched its Financial Infrastructure Transformation Programme (FIT programme) to speed up the digital transformation in the financial services sector as part of a larger strategy aimed at enabling the CBUAE to be among the top central banks […]
The top companies in the world’s trailblazing industries came together for the 4th Annual Business Tabloid Awards on January 19, 2023, at Atlantis The Palm in Dubai, United Arab Emirates. The Annual Business Tabloid Awards recognizes excellence in various industries, including Banking, Finance, Insurance, Real Estate, Technology, Healthcare, Leadership and Logistics & Transportation. A panel […]
Mastercard and BitOasis, the region’s top cryptocurrency platform for the Middle East and North Africa (MENA), have teamed up to introduce a number of crypto card programmes that will make it easier for people to use cryptocurrencies on a daily basis at retail locations and on e-commerce sites. Customers of BitOasis will be able to […]
In order to combat inflation that is approaching a 14-year high, Singapore tightened its monetary policy for the fourth time this year as anticipated. However, it left the door open for additional policy action while highlighting risks to the economic and price outlook. The action by the Monetary Authority of Singapore (MAS) continues a coordinated […]
