Topic
BTABLOID delivers real-time banking updates, market intelligence, and strategic business coverage crafted for decision-makers, investors, and professionals who demand clarity over noise.
196 stories
According to a recent assessment from the Asian Development Bank, China’s economic growth this year will be weaker than that of the rest of emerging Asia for the first time in more than three decades due to COVID lockdowns. The group lowered its projection for China’s GDP in 2022 from 5.0% in April to 3.3% […]
Ajman Bank, situated in the United Arab Emirates, has partnered with Mastercard to introduce a card for clients who are blind or partially sighted. The Mastercard Touch Card has characteristic notches on the side to assist clients to recognise it, and Ajman is the first issuer in the world to introduce it. Mohamed Amiri, Chief […]
The restriction on the maximum amount of cash deposits for both people and businesses at bank branches and automated teller machines was repealed by the Central Bank of Egypt (CBE) ATMs. The bank also removed restrictions on cash deposits entirely. The cap on cash withdrawals was imposed during the Covid-19 financial crisis. The CBE also […]
To improve their client experience, Emirates NBD has started a global accelerator programme for metaverse entrepreneurs. In accordance with the Dubai Metaverse Strategy, the accelerator programme places the bank in a leadership position for the upcoming wave of banking innovation. The biggest lender in Dubai, Emirates NBD, has never before shown interest in the metaverse, […]
The Federal Reserve warned on Wednesday that it would not back down in its fight against the most severe outbreak of inflation in the United States since the 1980s, even if it means a “sustained period” of economic weakness and a weakening labour market. The Fed’s 75-basis-point rate hike announced on Wednesday, together with previous […]
The European Central Bank (ECB) is expected to raise its base rate by 0.25 percentage points on Thursday. The bank raised its interest rates for the first time in 11 years, but it also risks falling behind as peers continue to combat inflation. The eurozone’s interest rates were last hiked in 2011. The future is […]
Rakbank will be the first UAE bank to enable Kraken to provide its clients with transparent, efficient, dirham-based digital asset trading, as the UAE works to accomplish its aim of becoming a worldwide virtual asset centre. Residents will be able to fund their crypto accounts using local transfers from any bank in the nation. Currently, […]
Abu Dhabi Commercial Bank (ADCB) has joined the Arab Monetary Fund’s (AMF) Buna system to give its clients an expanded regional cross-border payments system. This is a part of the bank’s digital transformation agenda. Buna is a cutting-edge cross-border payments platform for the Arab area that enables financial institutions and central banks to make and […]
Credit Suisse announced today that Roger Suter, presently Regional Head Central Switzerland, would succeed Serge Fehr as Head of Private Banking, Switzerland on August 1, 2022. Roger Suter joined Credit Suisse in 1993 and was promoted to his present position in 2012. André Helfenstein, CEO of Credit Suisse (Switzerland) Ltd., commented: “Private Banking Switzerland is […]
Cybersecurity attacks are a persistent issue, particularly for Middle Eastern businesses and organizations. These threats can halt operations, damage a company’s reputation, and result in costly legal action. The more technology a company relies upon, the more vulnerable it is to cyberattacks and challenges. Hackers are increasingly focusing on Middle Eastern firms that are converting […]
Following the US Federal Reserve’s largest interest rate rise since 1994, the Central Bank of the UAE (CBUAE) has decided to boost interest rates. The Fed increased interest rates by three-quarters of a percentage point on Wednesday. While announcing the interest rate hike, US Federal Reserve Chairman Jerome Powell said that the US central bank […]
The Abu Dhabi Exports Office (ADEX), the export-financing arm of the Abu Dhabi Fund for Development (ADFD), has signed an agreement with Capital Bank of Jordan to open a credit line of approximately AED 73.4 million ($20 million). Khalil Al Mansouri, interim director-general of the Abu Dhabi Exports Office, and Daoud Al-Ghoul, CEO of Capital […]
