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Mastercard study reveals that 73% of UAE consumers are shopping more online since the start of pandemic

As the global COVID-19 pandemic continues to spur e-commerce, a Mastercard study* has revealed the rapid growth of online shopping, with nearly three out...

Mastercard and Spotii partner to enable millions of consumers across GCC to ‘Buy Now Pay Later’

As the ‘Buy Now Pay Later’ market continues to grow to $1.5 trillion worldwide1, Spotii has selected Mastercard as its exclusive payments BNPL partner...

Every Experience Matters

What has changed in the banking sector over the last twelve months? Across the global economy, we have seen the rise of what Gartner calls...

ADIB provides AED 91 million financing for UAE-based client to acquire UK Business Park

Abu Dhabi Islamic Bank (ADIB) has provided AED 91 million (£18.9 million) in Sharia’a-compliant structured financing for a private UAE-based client. The financing will...

More regulations on the horizon for banks as pandemic exposes security and identity verification deficiencies

OneSpan released the inaugural OneSpan Global Financial Regulations Report. The report examines regulatory and legislative initiatives impacting financial services globally in fraud prevention, digital...

KPMG published quarterly report on the Saudi banking sector with industry insights, market analysis and the Q3 financial performance.

KPMG presented the third volume of their quarterly report on the Saudi banking sector with industry insights, market analysis and the Q3 financial performance. Heading...

Lombard Odier launches Natural Capital strategy

Lombard Odier today announces the launch of a Natural Capital strategy. For the first time, there is the opportunity to invest in public companies...

Saxo Bank and Sarwa announce partnership

Saxo Bank, a fintech and regtech specialist focused on multi-asset trading and investment, has agreed on a strategic partnership with Sarwa, a UAE-based fintech...

Dubai Islamic Bank successfully closes the lowest ever yielding AT1 Sukuk

Dubai Islamic Bank successfully priced a USD 1 billion Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 4.625% per annum. This...

Deleveraging data has costed Middle Eastern principal investors over USD 6 billion in potential returns on investment

Principal investors in the Middle East – comprising of the likes of Sovereign Wealth Funds (SWFs), family offices, private equity companies, and institutional investors...

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