The expectations of the role of CFO are changing for the best, with the job becoming broader, more complex and more interesting
banking
Latest in banking
banking
Beltone revenue up 812% at $77mn in Q1 2024
This remarkable growth was driven by the robust expansion of the Non-Banking Financial Institutions platform coupled with the exceptional performance of the Investment Bank.
banking
Next gen banking: Meeting the needs of a new generation
While embracing digital technology is a step in the right direction, it alone won’t ensure growth in the banking sector
banking
How technology is helping banks treasure tomorrow
Financial organisations need to move on from manual processes and outdated infrastructures or risk being left behind
banking
Timely gains for whom? Clients await benefits as industry holds on to rate hikes
It appears that the playbook of banking after years of low interest rates is to reap the benefits of rate hikes for themselves, often at the expense of their clients
AI
Banking sector fintec major Zafin eyes $5bn market with early AI product launch in Middle East
Middle East is estimated to account for about 5% of the $100 billion global market opportunity globally in the AI-driven ‘pricing and promotion’ functions of banks
banking
Sarwa reveals new brand identity
The updated brand persona marks a milestone in Sarwa’s evolution
banking
Dubai: DIFC reports record growth in H1 2023 with 23% rise in new business registrations
Fintech booms in Dubai during the first half of 2023 as DIFC witnesses a 35% surge in innovative companies
banking
Dubai Islamic Bank reports 15% rise in its net profit to AED3.11bn in H1, 2023
The bank said the improvement in its performance was driven by rising core revenues, controlled impairments and effective cost management
Abu Dhabi Commercial Bank
ADCB Private and Wealth Management
An evolving and innovative private banking proposition in the UAE
banking
UAE Central Bank imposes sanctions on 8 banks
Central Bank of the UAE imposed sanctions on eight banks in the country
banking
The current state of global banking
Banks in the UAE have strengthened their taxation and banking practices to add to their appeal to inward investment
Abu Dhabi
Abu Dhabi Commercial Bank profits leap 27%
Abu Dhabi Commercial Bank net profits reached $511.4m in Q1
2008 financial crisis
Silicon Valley Bank shut down is biggest lender failure since 2008 crisis
Silicon Valley Bank assets seized by US regulators
Ahmed Abdelaal
Ahmed Abdelaal – the powerhouse pushing Mashreq’s revolutionary digital mission
From MashreqNEO to MashreqNXT, the digital future of Mashreq is here to stay and is here to help its customers life their very best, most active lives
Bahrain
Bahrain finance sector expands to over 14,100 employees
Bahrain’s finance sector grew by 427 employees last year
banking
First Abu Dhabi Bank denies $35bn Standard Chartered interest
First Abu Dhabi Bank moves to distance itself from speculation over a takeover bid for Standard Chartered