The Middle East Banking News Network http://mebankers.net/ Thu, 13 Dec 2018 21:24:56 GMT part of MediaG8way Group http://mebankers.net/ http://mebankers.net/assets/images/logo.png The Middle East Banking News Network KohanaPHP Senior departure at Friends Provident International News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/27004/senior-departure-at-friends-provident-international Chief marketing officer for Middle East and Africa to exit after five years On the Move Al Tamimi & Company appoints new Head of Technology, Media and Telecommunications Practice Ana Hall Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26986/al-tamimi-ampamp-company-appoints-new-head-of-technology-media-and-telecommunications-practice Martin Hayward as the new Head of the Technology, Media and Telecommunications practice, based in the Dubai office. On the Move Qatar National Bank signs Neymar as exclusive Global Brand Ambassador News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26964/qatar-national-bank-signs-neymar-as-exclusive-global-brand-ambassador The agreement grants QNB all exclusive marketing rights of Neymar Jr as a Brand Ambassador of all the Group’ s marketing campaigns On the Move Burgan Bank appoints CEO for Kuwait News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26946/burgan-bank-appoints-ceo-for-kuwait Al-Haqhaq is the right professional to lead our operations in Kuwait On the Move First Abu Dhabi Bank's head of equities leaves News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26955/first-abu-dhabi-bankamp039s-head-of-equities-leaves Khokhar was with National Bank of Abu Dhabi before it was merged with First Gulf Bank to become FAB. On the Move Al Mal Capital appoints Al Mal Mena lead Portfolio Manager Friday, December 07, 2018 12:00 am http://mebankers.net/article/26924/al-mal-capital-appoints-al-mal-mena-lead-portfolio-manager Khaled Abdel Majeed as the new Lead Portfolio Manager for Al Mal Mena equities funds and solutions. On the Move GHD appoints new finance director in Middle East Thursday, December 06, 2018 12:00 am http://mebankers.net/article/26916/ghd-appoints-new-finance-director-in-middle-east James O’Connor joins from Gulf Related, the real estate development company based in the UAE. On the Move Boxlight Announces New Head of Sales for Europe, Middle East and Africa Wednesday, December 05, 2018 12:00 am http://mebankers.net/article/26900/boxlight-announces-new-head-of-sales-for-europe-middle-east-and-africa Matt is a highly respected and accomplished individual within the industry,” says Managing Director of Boxlight EMEA, Andy Pennington. On the Move NBO Announces New Head of Sadara Wealth Management News Aggregation Team Wednesday, December 05, 2018 12:00 am http://mebankers.net/article/26909/nbo-announces-new-head-of-sadara-wealth-management “Attracting and developing local talent continues to be a priority for us as we look to support Oman’s wider socioeconomic objectives and promote national talents. On the Move Bahrain appoints cabinet with new finance minister after parliament vote News Aggregation Team Wednesday, December 05, 2018 12:00 am http://mebankers.net/article/26907/bahrain-appoints-cabinet-with-new-finance-minister-after-parliament-vote The cabinet had tendered its resignation on Sunday to King Hamad bin Isa Al Khalifa as required by law after parliamentary elections in the Gulf Arab state. On the Move 27 suspects charged with Dhs635m fraud News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26997/27-suspects-charged-with-dhs635m-fraud He had so planned hoping that the major transfers would go unnoticed Legal, Tax, Regulation & Compliance Ooredoo, Qatar First Bank sign deal on data security News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/27001/ooredoo-qatar-first-bank-sign-deal-on-data-security Cloud-based disaster recovery ensures that Qatar First Bank can protect critical data and applications, while also minimising downtime in case of power outages or disruptions. Legal, Tax, Regulation & Compliance Qatar Overcomes Negative Consequences Of Blockade Imposed By Neighbors - Central Bank News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26977/qatar-overcomes-negative-consequences-of-blockade-imposed-by-neighbors-central-bank According to Al-Thani, the real GDP growth amounts to 2.5 percent this year compared to 1.6 percent in 2017. Legal, Tax, Regulation & Compliance UAE, China Central Banks Meet To Enhance Renminbi Clearing News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26985/uae-china-central-banks-meet-to-enhance-renminbi-clearing The Central Bank of the UAE, CBUAE, today hosted a workshop with the Central Bank of China and the Agricultural Bank of China on 'Improving the Renminbi Clearing in the UAE'. Legal, Tax, Regulation & Compliance New rule for UAE banks for issuing cheque books News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26962/new-rule-for-uae-banks-for-issuing-cheque-books Banks have been also encouraged to advise their customers to minimise the use of cheques. Legal, Tax, Regulation & Compliance BSP, AMLC and the Kuwait-Dubai money feud News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26963/bsp-amlc-and-the-kuwait-dubai-money-feud Two Kuwait government entities, the country’s port authority and pension fund, reportedly invested around $200 million in the Port Fund. Legal, Tax, Regulation & Compliance Dubai Financial Market updates Sharia standards News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26966/dubai-financial-market-updates-sharia-standards The DFM became the world’s first Sharia-compliant exchange in 2007 and its standards, the first of their kind, thoroughly explain Islamic investment instruments such as sukuk, shares and green investment funds. Legal, Tax, Regulation & Compliance Exempted companies to operate locally News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26970/exempted-companies-to-operate-locally With the proposed legislation, the Cayman Islands government is reacting to pressure from the European Union, which considers parts of Cayman’s tax regime as harmful. Legal, Tax, Regulation & Compliance Israel Admitted to Global Anti-Money Laundering Organization News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26972/israel-admitted-to-global-anti-money-laundering-organization Israel’s accession to the 38-member international anti-money laundering body marks a notable turnaround from 2002, when it was still on the FATF’s blacklist of tax havens. Legal, Tax, Regulation & Compliance Abu Dhabi Police warn against fake banking websites News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26974/abu-dhabi-police-warn-against-fake-banking-websites Urge public to be cautious of links handing out special offers Legal, Tax, Regulation & Compliance Kingdom Of Bahrain Eyes Global Leadership In Open Banking News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26995/kingdom-of-bahrain-eyes-global-leadership-in-open-banking It is testament to the vision of the Central Bank of Bahrain that our Kingdom now has a very real opportunity to become the most sophisticated and connected market for open banking globally.” Retail Banking Doha Bank to cut construction exposure, keep UAE branches - CEO News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26987/doha-bank-to-cut-construction-exposure-keep-uae-branches-ceo Doha Bank has a branch in Dubai and Abu Dhabi and it is reducing exposure to the UAE through asset swaps, sources told Reuters previously. Retail Banking NBK-Egypt signs a cooperation protocol with Egypt’s Town Gas News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26961/nbk-egypt-signs-a-cooperation-protocol-with-egyptamprsquos-town-gas Bank to finance natural gas connections to New Cairo districts Retail Banking Bahrain's central bank introduces repo instrument News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26937/bahrainamp039s-central-bank-introduces-repo-instrument This tool will also allow for investing excess liquidity at a lower risk,” the central bank added. Retail Banking Qatar’s Commercial Bank may raise up to $1bn in debt in 2019 News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26945/qataramprsquos-commercial-bank-may-raise-up-to-1bn-in-debt-in-2019 Abraham said that total debt issuance in 2019 could go up to $1bn. Retail Banking Qatar's Commercial Bank remains committed to Turkey -CEO News Aggregation Team Sunday, December 09, 2018 12:00 am http://mebankers.net/article/26933/qataramp039s-commercial-bank-remains-committed-to-turkey-ceo Ankara has emerged as a strong ally as Qatar faces off against Saudi Arabia, United Arab Emirates, Bahrain and Egypt in a regional diplomatic and commercial rift. Retail Banking Commercial Bank of Qatar Obtains $750 Million for Refinancing News Aggregation Team Sunday, December 09, 2018 12:00 am http://mebankers.net/article/26936/commercial-bank-of-qatar-obtains-750-million-for-refinancing It was oversubscribed at $975 million. Retail Banking QNB enhances customer experience with latest NCR banking technologies News Aggregation Team Friday, December 07, 2018 12:00 am http://mebankers.net/article/26923/qnb-enhances-customer-experience-with-latest-ncr-banking-technologies QNB Group retail banking general manager Heba al-Tamimi said, “QNB's digital branches will help increase the number of customers by electronic services to facilitate and accelerate their banking transactions. Retail Banking New banking service at ADCB exclusive for Emiratis News Aggregation Team Wednesday, December 05, 2018 12:00 am http://mebankers.net/article/26897/new-banking-service-at-adcb-exclusive-for-emiratis ‘ADCB Emirati’ is a bespoke banking service for UAE Nationals Retail Banking JP Morgan honours Doha Bank with Quality Recognition Award News Aggregation Team Tuesday, December 04, 2018 12:00 am http://mebankers.net/article/26886/jp-morgan-honours-doha-bank-with-quality-recognition-award Doha Bank operations are spread across Qatar. Retail Banking Abraaj Credit Fund to Be Taken Over by Kuwait's NBK CapitalNBK to make nominal payment to take over fund’s management News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26999/abraaj-credit-fund-to-be-taken-over-by-kuwaitamp039s-nbk-capitalnbk-to-make-nominal-payment-to-take-over-fundamprsquos-management NBK to make nominal payment to take over fund’s management Alternative Investments Kuwaiti investor spends £39m on London office building News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26991/kuwaiti-investor-spends-amppound39m-on-london-office-building The deal comes despite wider jitters in the commercial property market about rental growth prospects and tenant demand after Britain leaves the EU. Alternative Investments Building and construction sector vital for realizing ‘New Kuwait 2035’ vision News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26992/building-and-construction-sector-vital-for-realizing-amplsquonew-kuwait-2035amprsquo-vision Al-Subaih said that working towards achieving the vision of “New Kuwait 2035” requires the spirit of work and initiative to overcome all difficulties and obstacles Alternative Investments QFC focusing on driving FDI inflows to Qatar: Al-Jaida News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26996/qfc-focusing-on-driving-fdi-inflows-to-qatar-al-jaida Not only have global agencies upgraded the banking sector’s rating, but their forecast for 2019 reflects continued confidence in Qatar’s economy. Alternative Investments Sawari Ventures announces $35m first closing of $70m North Africa fund News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26965/sawari-ventures-announces-35m-first-closing-of-70m-north-africa-fund This investment in the Sawari Ventures North Africa Fund I fully fits our mandate to support innovation, skilled job creation and access to essential services in the region Alternative Investments UAE investment group buys key stake in Gulf Navigation News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26969/uae-investment-group-buys-key-stake-in-gulf-navigation As per the agreement, Goldilocks will be actively collaborating with the management and the board of Gulf Navigation in order to drive an enhanced business performance. Alternative Investments In Lebanon, empty flats raise fears of real estate collapse News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26947/in-lebanon-empty-flats-raise-fears-of-real-estate-collapse "Some 3,600 unsold apartments exist today in Beirut alone," says Guillaume Boudisseau, an expert at the Ramco real estate consultancy firm. Alternative Investments Egyptian reforms are driving uptick in foreign investment, minister says News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26944/egyptian-reforms-are-driving-uptick-in-foreign-investment-minister-says Number of new businesses rose this year as the country expanded its private sector Alternative Investments Leading Emirates health care, education investor eyes Saudi Arabia News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26949/leading-emirates-health-care-education-investor-eyes-saudi-arabia Foundation aims to invest $550 million in GCC and Indian companies by 2021, roughly evenly split between the two regions. Alternative Investments It’s Been a Turbulent Year. Emerging Markets Are Waiting For a Better 2019 News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26952/itamprsquos-been-a-turbulent-year-emerging-markets-are-waiting-for-a-better-2019 Emerging-market stocks slid deeper into a bear market in October as rising Fed rates pushed up the value of the dollar and a trade war intensified, hitting countries such as Indonesia and South Africa that had weaker fundamentals. Alternative Investments Singapore private banks target Middle East, NRI clients News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26960/singapore-private-banks-target-middle-east-nri-clients DBS plans to expand in the Middle East by doubling the number of private bankers there over the next five years, from more than 20 now, the bank said. Wealth & Asset Management Qatar’s asset management industry to see sharp growth News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26973/qataramprsquos-asset-management-industry-to-see-sharp-growth Currently there are eight asset management firms operating in Qatar, six QFC-licensed and two operating under the regulation of Qatar Central Bank. Wealth & Asset Management Franklin Templeton sets eyes on retail boost regionally News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26938/franklin-templeton-sets-eyes-on-retail-boost-regionally Asset manager had $717.1 billion of assets globally in 2018 Wealth & Asset Management Will cheaper oil grease the wheels of global growth? - Coutts Monday, December 03, 2018 12:00 am http://mebankers.net/article/26876/will-cheaper-oil-grease-the-wheels-of-global-growth-coutts If a product becomes cheaper to produce then a company’s margins improve and this makes a difference to its bottom line. Wealth & Asset Management Pictet Raids Julius Baer News Aggregation Team Sunday, December 02, 2018 12:00 am http://mebankers.net/article/26859/pictet-raids-julius-baer Pictet is lifting eight senior private bankers out of rival Julius Baer, finews.com has learned. Wealth & Asset Management Southeast Asia’s largest bank to double the number of private bankers in ME over 5 years Tuesday, November 27, 2018 12:00 am http://mebankers.net/article/26803/southeast-asiaamprsquos-largest-bank-to-double-the-number-of-private-bankers-in-me-over-5-years Dubai branch to serve as strategic hub for bank’s Middle East private banking arm Wealth & Asset Management KAMCO named Wealth Manager of the Year Monday, November 26, 2018 12:00 am http://mebankers.net/article/26788/kamco-named-wealth-manager-of-the-year KAMCO's Wealth Management Team received the award for their consistent and comprehensive understanding of clients' expectations Wealth & Asset Management Holborn Assets expands with new 15-strong Cyprus office News Aggregation Team Thursday, November 22, 2018 12:00 am http://mebankers.net/article/26757/holborn-assets-expands-with-new-15-strong-cyprus-office It is the company’s first foray into the Cyprus marketplace, but one that it expects will be an important base for the company in the coming years, Holborn told International Investment. Wealth & Asset Management Jersey marks growing ties with UAE News Aggregation Team Thursday, November 15, 2018 12:00 am http://mebankers.net/article/26682/jersey-marks-growing-ties-with-uae Jersey’s Minister for External Relations, Senator Ian Gorst, celebrates the island’s long-standing relationship with the UAE during his visit to Dubai and Abu Dhabi this week Wealth & Asset Management Jersey Finance research highlights challenges of wealth transition in the Gulf region Wednesday, November 14, 2018 12:00 am http://mebankers.net/article/26665/jersey-finance-research-highlights-challenges-of-wealth-transition-in-the-gulf-region The white paper additionally explores the future role of wealth structuring and IFCs in the GCC region, as the world faces increased global regulation coupled with growing demands for financial and wealth compliance. Wealth & Asset Management UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26993/uae-central-bank-saudi-arabia-to-develop-joint-cryptocurrency-for-interbank-transactions The Abu Dhabi Global Market also recently conducted a test of a blockchain-based Know Your Customer (KYC) system. FinTech VIVA, StanChart launch Mastercard, fin services News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26994/viva-stanchart-launch-mastercard-fin-services Additionally, cardmembers will get access to more than 800 airport lounges around the world. FinTech QDB launches initiative to achieve great strides in fintech Ana Hall Thursday, December 13, 2018 12:00 am http://mebankers.net/article/27002/qdb-launches-initiative-to-achieve-great-strides-in-fintech It was also a great opportunity for representatives from the banking and investment sector to explore technology breakthrough trends and to meet young and aggressive entrepreneurs and foster relationships with them, QDB further said. FinTech Ripple Set To Conquer UAE’s Transfers From Q1 2019 News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/27003/ripple-set-to-conquer-uaeamprsquos-transfers-from-q1-2019 Blockchain powered remittances are seen to be advantageous given the cheaper transaction costs and faster movement of transfers. FinTech Bahrain Credit partners with Clayfin to digitalise retail banking News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26978/bahrain-credit-partners-with-clayfin-to-digitalise-retail-banking Clayfin focuses on providing digital banking experience solutions to the financial institutions. It caters to retail, corporate and SME banking businesses. FinTech Mashreq Bank’s digital transformation journey continues, with Microsoft Modern Workplace solutions Mitzi Limlengco Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26980/mashreq-bankamprsquos-digital-transformation-journey-continues-with-microsoft-modern-workplace-solutions As part of this phase of the journey, Mashreq has adopted Microsoft Surface devices and Microsoft 365 (Windows 10, Office 365 and Enterprise Mobility and Security) – a solution that brings together productivity and collaboration capabilities with de FinTech First Abu Dhabi Bank goes live on Temenos T24 core system News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26971/first-abu-dhabi-bank-goes-live-on-temenos-t24-core-system FAB, which officially completed its merger on 1 April 2017, is the largest bank in the UAE and one of the largest in the MENA region, with total assets of over AED 670 billion ($180 billion). FinTech KoreConX announces partnership with Middle East consultancy firm Mitzi Limlengco Monday, December 10, 2018 12:00 am http://mebankers.net/article/26943/koreconx-announces-partnership-with-middle-east-consultancy-firm In UAE, SMEs account for over 90 per cent of private enterprises and contribute to nearly 47% of Dubai's GDP and 52% of its workforce. It is therefore a top priority this sector has access to cutting-edge knowledge, technology and funding. FinTech Commercial Bank continues to invest in technology to keep edge: Group CEO Andro Bautista Monday, December 10, 2018 12:00 am http://mebankers.net/article/26953/commercial-bank-continues-to-invest-in-technology-to-keep-edge-group-ceo I believe that the customer doesn’t care whether it’s a fintech company or it’s a bank FinTech Bahrain Credit Signs 5-year Digital Banking Deal With Clayfin and Computer World Ana Hall Monday, December 10, 2018 12:00 am http://mebankers.net/article/26959/bahrain-credit-signs-5-year-digital-banking-deal-with-clayfin-and-computer-world Clayfin will craft Digital Banking experiences for Bahrain Credit's Retail Business FinTech Malaysia's MIDF said to mull merger with Saudi's Al Rajhi News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/27000/malaysiaamp039s-midf-said-to-mull-merger-with-saudiamp039s-al-rajhi Sources say Malaysian Industrial Development Finance is seeking Saudi bank ties to become universal Islamic bank Islamic Finance Saudi banks close to deal with authorities on Islamic tax: sources News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26979/saudi-banks-close-to-deal-with-authorities-on-islamic-tax-sources The previous calculation by the General Authority of Zakat and Tax (GAZT) was based on 2.5 percent of a bank's equity, with adjustments. Islamic Finance Liquidity squeeze hits sukuk sector News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26982/liquidity-squeeze-hits-sukuk-sector US interest rate rises and the end of the Federal Reserve’s quantitative easing program have lessened dollar availability Islamic Finance Dubai Islamic Bank triumphs at Islamic Banking Business and Finance Awards 2018 Mitzi Limlengco Monday, December 10, 2018 12:00 am http://mebankers.net/article/26948/dubai-islamic-bank-triumphs-at-islamic-banking-business-and-finance-awards-2018 The awards distinguish and endorse institutions and individuals who have played a key role in nurturing the growth and expansion of the Islamic financial sector around the globe. Islamic Finance National Bank of Fujairah Awarded 'Best Islamic Window – UAE' at the Islamic Business and Finance Awards 2018 News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26939/national-bank-of-fujairah-awarded-amp039best-islamic-window-ampndash-uaeamp039-at-the-islamic-business-and-finance-awards-2018 NBF highlighted once again its premier Islamic banking offerings in the UAE Islamic Finance Dubai Islamic Bank Triumphs at Islamic Business and Finance Awards 2018 News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26940/dubai-islamic-bank-triumphs-at-islamic-business-and-finance-awards-2018 The awards distinguish and endorse institutions and individuals who have played a key role in nurturing the growth and expansion of the Islamic financial sector around the globe. Islamic Finance Fitch forecasts ‘stable’ outlook for GCC Islamic banks in 2019 News Aggregation Team Friday, December 07, 2018 12:00 am http://mebankers.net/article/26928/fitch-forecasts-amplsquostableamprsquo-outlook-for-gcc-islamic-banks-in-2019 Government issuance and subsequent liquidity injections in the banking systems will continue to support solid liquidity in the region Islamic Finance Saudi Arabia’s ICD Bank Announces Blockchain Powered Islamic Banking Solutions News Aggregation Team Thursday, December 06, 2018 12:00 am http://mebankers.net/article/26913/saudi-arabiaamprsquos-icd-bank-announces-blockchain-powered-islamic-banking-solutions ICD is a branch of Islamic Development Bank Group which claim that the product penned with IFTS is solely designed to attempt liquidity management issues. Islamic Finance Kuwait International Bank revamps property management services Ana Hall Wednesday, December 05, 2018 12:00 am http://mebankers.net/article/26988/kuwait-international-bank-revamps-property-management-services On his part, Head of the PMD at KIB, Yousef Al-Ajeel, said: "KIB always seeks to provide its customers with exceptional services across a myriad of areas. Islamic Finance Islamic Finance Market Report Offers the Extensive Research of the Market and the Detailed Insights on the Competitiveness of the Players News Aggregation Team Tuesday, December 04, 2018 12:00 am http://mebankers.net/article/26881/islamic-finance-market-report-offers-the-extensive-research-of-the-market-and-the-detailed-insights-on-the-competitiveness-of-the-players Islamic finance refers to the means by which corporations in the Muslim world, including banks and other lending institutions, raise capital in accordance with Sharia, or Islamic law. Islamic Finance Bahrain best for business News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26981/bahrain-best-for-business The World Bank Ease of Doing Business ranking breaks countries’ complex regulatory ecosystems down into quantifiable components. Research, Comment and Analysis Stewart Lockie Discusses the Opportunities in Retail Banking News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26983/stewart-lockie-discusses-the-opportunities-in-retail-banking Al Ahli Bank has launched a lot of innovative products/services in 2018. Research, Comment and Analysis 62.2 Percent of Employers in Kuwait Break Domestic Workers Law News Aggregation Team Wednesday, December 12, 2018 12:00 am http://mebankers.net/article/26984/622-percent-of-employers-in-kuwait-break-domestic-workers-law This is the second part of the report on Rights of Domestic Workers Between Legislative System and Enforcement through Law No. 38 of Year 2015. Research, Comment and Analysis A Win-Win: How Saxo Bank's Open Approach To Investing Duly Delivered News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26967/a-win-win-how-saxo-bankamp039s-open-approach-to-investing-duly-delivered The bank now has 120 partnerships with other financial institutions across the globe, including 20 firms that use Open APIs to trade data with Saxo. Research, Comment and Analysis Saudi Arabia reviewing fees on expat workers amid record unemployment News Aggregation Team Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26975/saudi-arabia-reviewing-fees-on-expat-workers-amid-record-unemployment Saudi Arabia's minister of media, Awwad AlAwwad, denied that a review of the fee is taking place. Research, Comment and Analysis Growing Middle East Market for Bombardier Jets News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26957/growing-middle-east-market-for-bombardier-jets As of the third quarter of 2018, Bombardier claimed an installed base of more than 100 aircraft in the Middle East, or 26 percent market share, excluding very light jets and large corporate airliners. Research, Comment and Analysis Institutional investors adopting factor-based allocations News Aggregation Team Thursday, December 06, 2018 12:00 am http://mebankers.net/article/26911/institutional-investors-adopting-factor-based-allocations Three fifths of investors overall planning on increasing factor allocations by 2021 Research, Comment and Analysis Over Half Of Fine Art Collectors Have Purchased A Piece Online Sight Unseen - UBS Thursday, December 06, 2018 12:00 am http://mebankers.net/article/26918/over-half-of-fine-art-collectors-have-purchased-a-piece-online-sight-unseen-ubs The percentage of art collectors who have purchased art online before they’ve seen it in person has more than doubled in the past year Research, Comment and Analysis Banks stable on resilient profitability, solid funding News Aggregation Team Wednesday, December 05, 2018 12:00 am http://mebankers.net/article/26891/banks-stable-on-resilient-profitability-solid-funding SMEs will benefit through increased loan availability Research, Comment and Analysis Survey Shows 27 Percent of Finance Departments Expect to Deploy Artificial Intelligence by 2020 Wednesday, December 05, 2018 12:00 am http://mebankers.net/article/26905/survey-shows-27-percent-of-finance-departments-expect-to-deploy-artificial-intelligence-by-2020 Despite rapidly growing interest in AI to improve financial planning and analysis (FP&A), only a few organizations are currently using it successfully Research, Comment and Analysis Egypt to have strongest economic growth in Arab world News Aggregation Team Thursday, December 13, 2018 12:00 am http://mebankers.net/article/26990/egypt-to-have-strongest-economic-growth-in-arab-world Plenty of uncertainty remains, experts say at Strategy Forum Investment Bank African Development Bank Lauds Egypt’s Economic Rebound, Partnerships, at Africa 2018 Forum Ana Hall Tuesday, December 11, 2018 12:00 am http://mebankers.net/article/26968/african-development-bank-lauds-egyptamprsquos-economic-rebound-partnerships-at-africa-2018-forum The Forum successfully convened key private and public stakeholders, and provided an unprecedented platform for effective dialogue to drive investments into the continent. Investment Bank GIB Capital takes four EMEA Finance Awards News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26942/gib-capital-takes-four-emea-finance-awards GIB Capital was also named “Best Foreign Investment Bank - Oman” for the second consecutive year. Investment Bank Standard Chartered slashing jobs in Dubai, Singapore News Aggregation Team Monday, December 10, 2018 12:00 am http://mebankers.net/article/26950/standard-chartered-slashing-jobs-in-dubai-singapore Standard Chartered's job cuts are expected to affect Singapore employees, according to sources familiar with the matter. Investment Bank Banque du Caire to open branches in Tanzania, Kenya, Russia, China News Aggregation Team Sunday, December 09, 2018 12:00 am http://mebankers.net/article/26932/banque-du-caire-to-open-branches-in-tanzania-kenya-russia-china The bank mulls also opening offices in Russia and China to finance the trade and investment operations, he asserted, noting that it also finalized getting license to open another office in Dubai. Investment Bank Egypt's EFG Hermes advising on four M&A deals expected in H1 2019 News Aggregation Team Monday, December 03, 2018 12:00 am http://mebankers.net/article/26872/egyptamp039s-efg-hermes-advising-on-four-mampampa-deals-expected-in-h1-2019 The bank is also acting as a financial advisor on a major M&A deal in Saudi Arabia’s health sector which is expected to be completed in 2019 Investment Bank Egypt's EFG Hermes considers move into insurance and mortgage sectors News Aggregation Team Monday, November 26, 2018 12:00 am http://mebankers.net/article/26790/egyptamp039s-efg-hermes-considers-move-into-insurance-and-mortgage-sectors Hermes, the Middle East's largest investment bank, operates in countries including Egypt, the United Arab Emirates, Saudi Arabia, Kuwait, Oman, Pakistan and Jordan. Investment Bank GFH third quarter profit climbs 23.3% on investment banking activities News Aggregation Team Wednesday, November 14, 2018 12:00 am http://mebankers.net/article/26657/gfh-third-quarter-profit-climbs-233-on-investment-banking-activities The Manama-based firm reported a $103.4m net income for the first nine months of the year Investment Bank International Investment Bank Announces Successful Exit From Aircraft Investment, Achieving 18 Percent IRR News Aggregation Team Thursday, November 08, 2018 12:00 am http://mebankers.net/article/26594/international-investment-bank-announces-successful-exit-from-aircraft-investment-achieving-18-percent-irr The hotel has 21 floors and 218 rooms, 40 of which are apartments, with spacious rooms that offer a panoramic view of the city and surrounding mountains. Investment Bank SoftBank reaffirms investment ties with Saudi Arabia News Aggregation Team Tuesday, November 06, 2018 12:00 am http://mebankers.net/article/26548/softbank-reaffirms-investment-ties-with-saudi-arabia Quarterly net profit up fivefold to $4.6bn as Vision Fund returns start to feed through Investment Bank