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Mr. Hisham Ahmed Okasha- A Leading Figure the Arab banking Industry
Mr. Hisham Ahmed Okasha, is among the main figures in the Egyptian and Arab Banking Industry. Career Triumph He joined NBE in 2008 as Deputy Chairman and was appointed as […]
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CSR in China: A Fast Evolution
During the past 10 years, Chinese companies have made important steps in integrating environmental, social, and governance (ESG) issues into their decision-making. However, the road is still long… The idea […]
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Exposed by Covid-19: American VS Chinese Economic Systems
Overview A Pandemic may be the best manifestation in digging and highlighting differences in major countries economic systems’. When it comes to the economies of the United States and China […]
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China’s Digital Silk Road Boosted by Coronavirus Pandemic
As thousands of papers and articles have discussed the implications of the coronavirus pandemic, these repercussions on national and global economies have highlighted the importance of strong and advanced IT […]
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Big Data: A Game Changer in the Banking Industry
Overview: Too many buzzwords are used today by the technology community and specifically the financial and banking community. Among these tems we can hear of “Cloud”, “IoT” (Internet of Things), […]
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Anatomy of Crises: The 2008 Financial Crisis VS Corona Pandemic Crisis
Overview: The world economy is confronting one of the most existential challenges since World War II. Economic activity, financial markets, and private sector confidence are all collapsing. The latest update […]
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Emirati banks offer 98% of services to customers electronically
Over the past three years, the UAE’s banking sector has expanded, and now it provides 98 percent of its services to customers electronically, enabling them to achieve their transactions safely […]
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Egypt Fawry’s co-founder to establish $25mln FinTech-focused VC fund
Mohamed Okasha, co-founder of Fawry for e-payments, announced on Thursday that he will establish a $25m venture capital (VC) fund to invest in financial technology (FinTech) startups which are in […]
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Alizz Islamic Bank to become subsidiary of OAB
Oman International Development and Investment Company (OMINVEST) has said that Alizz Islamic Bank SAOG will become a fully-owned Islamic banking subsidiary of OAB and converted into an SAOC. In a […]
Credit pressures rise as global recession deepens: S&P
Credit conditions are worsening, as the disruptions caused by the coronavirus outbreak are pushing the global economy into a deep recession and recovery remains uncertain. “Extended coronavirus-containment measures are pushing […]
Combating coronavirus: New DIFC directive offers greater protection to companies, employees
Dubai International Financial Centre (DIFC) on Sunday announced DIFC Presidential Directive No. 4 of 2020, which seeks to help limit the impact of the Covid-19 situation. Effective from April 21, […]
Saudi banks need to accelerate digital transformation
Banks in Saudi Arabia have to revisit their digital transformation plans and strive to launch new channels that will sustain delivery of products and services amid the Covid-19 pandemic, according […]
Sweeping steps to protect COVID-19 doctors in India
As the number of medical doctors, nurses and health workers who are infected by COVID-19 continues to rise in India, the central government in New Delhi and authorities in various […]
Shuaa Capital offers support to UAE tech SMEs
Shuaa Capital, a leading asset management and investment banking platform in the region, has announced it will provide free expert advisory services and interest-free loans through regulated partners to support […]
Banks in Kuwait set aside $6.43bln for recovery soft loans
The local banks in Kuwait have allocated KD 2 billion to the soft loan portfolio expected to be granted to small and medium enterprises, as well as companies and clients […]
Coronavirus: Emirates NBD sees more corporate clients opting for digital channels
Emirates NBD’s corporate banking has witnessed a 60 percent month-on-month increase in the onboarding of clients to digital channels, as more people opt for the electronic route in light of […]