The GCC banking sector is poised for a transformative shift from resilience to regeneration in an uncertain global economy. Retail banks are already transforming to meet a rapidly changing financial landscape
GCC finance
Latest in GCC finance
Ahli United Banking Group
Thought leadership: In conversation with Samih Abutaleb, Deputy Group CEO, Tech and Ops at AUB (Ahli United Banking Group)
With consumer banking behaviour increasingly shifting towards digital channels, Samih Abutaleb, AUB Deputy Group CEO, Tech and Ops reveals that bank-tech will be the single most important driver of the future of banking
BHM Capital
BHM Capital, Riyad Capital join forces to strengthen GCC financial markets
The two entities will aim to leverage their respective expertise to enhance liquidity and further strengthen the financial markets in the region
BCG
How financial institutions in the Middle East can leap-frog competitors by being agile
FIs around the world can expect two to four times faster go-to-market and 10-20 percent higher customer satisfaction using agile ways of working
bank merger
The threat of more bank mergers in the post-pandemic GCC region
The myth of “too big to fail” just doesn’t hold up and bank mergers result in more pricing power for large banks that eliminate market choices, says Dr Sheikh Selim
GCC finance
Venture builder Rainmaking targets Saudi Arabia in new Gulf expansion drive
Copenhagen-based company is also in the process of raising funds in the UAE and Saudi Arabia to finance growth ambitions
GCC economic growth
PwC’s chief economist forecasts 3% growth in the Gulf in 2021
Richard Boxshall shares five themes characterising GCC economies in the year ahead
Bahrain finance
Japan’s largest brokerage said to close more offices in the Gulf
After announcing Saudi exit, Nomura Holdings is reportedly set to close offices in Bahrain and Qatar