- CI: National Bank of Kuwait – ratings affirmed with a stable outlook
- QIIB announce net profit of QAR 666.4 million
- ICD and Islamic organization for food security sign MoU
- PwC launches first Middle East Megatrends report
- Moody's upgrade KFH Takaful to Baa2 IFS rating; stable outlook
- How Blockchain can revolutionise UAE’s financial services sector: Booz Allen Hamilton
- IFSB launches annual survey on implementation of IFSB Standards
- BBK reports 7.4 per cent increase in net profit for 9M 2016
- ADIB reports net profit of AED 1.5 billion for 9M 2016
- Rasmala Investment Bank Limited resolves compliance concerns with the DFSA
Eddy Abramo, CEO, Societe Generale Private Banking (Middle East)
Mind the (funding) gap
Bahraini offshore wholesale banking sector seen as most vulnerable to European funding retrenchment, according to a new report from Moody's Investors…
Balancing Modernisation with Tradition
Saudi Arabia sits atop a fifth of the world's crude reserves. It is the world's top oil exporter and holds significant dollar assets. It is also home…
Opportunities in Iraq?
Ziad Makkawi's new venture is seeking to invest in financial services in Iraq - Blue Gate Capital Partners is a Frontier Market Private Equity and…
The future of payments—correspondent banking fights back
Khaled Moharem, Head of Middle East & North Africa at SWIFT talks about the rapidly evolving nature of the payments landscape and SWIFT’s global payments initiative
We are living…
Taking a piece of the pie
Vince Cook, CEO, National Bank of Fujairah sheds light on the setting up of NBF Islamic and his views of Islamic finance in the UAE.
NBF Islamic was a natural—and timely—response…
Reaching out to Egypt
Banker Middle East sits down with Shaker Zainal, Head of Retail at Mashreq Egypt, to discuss his strategic vision for Mashreq’s promising Egyptian arm.
Embarking on a journey with a goal…
Finding common ground on currency and reform
A new IMF programme, a new VAT law, potential currency devaluation—it has been a busy few months for Egypt.On 11 August, Egypt and the International Monetary Fund (IMF) reached…
Mohammed Areff, Vice President at Avaya Middle East, Africa and Turkey, highlights why banks in the Middle East need to do more with their digitisation strategies if they want to meet the challenges…
The Middle East backdrop
Market players discuss the development of family offices in the region and the way forward.
Family offices are typically set up for investment management purposes. A recent EY report pointed…
Leading the way
Whether developing an Islamic banking framework or innovating new ways to reach retail consumers, Bank of Khartoum has often pioneered the market—and now it looks further afield than Sudan, says…
Ahmad HajHasan, CEO, The National Bank, Palestine, provides an insight into the Palestinian banking sector, its challenges and the way forward.
The banking sector in Palestine is a solid market…
FocusEconomics: Economic Snapshot for the Middle East & North Africa - September 2016
All eyes on a potential oil cap deal at September’s meeting in FocusEconomics Economic Snapshot for the MENA region this September.
A comprehensive dataset showed that growth in the Middle…
Onwards and upwards
Hisham AlRayes, Chief Executive Officer of GFH Financial Group discusses the investment bank’s direction and pipeline moving into 2017, amidst challenging macroeconomic conditions.
A vision for Saudi Arabia’s future
Mark Mobius, Executive Chairman of Templeton Emerging Markets Group provides a commentary on the feasibility of Vision 2030.
In Saudi Arabia, it was clear that one of the biggest issues—if…
Creating a cashless economy
Ozgur Ozvardar, Vice President and General Manager of Verifone MENA, discusses the electronic payments landscape and the role it aims to play in the region.
In the Middle East, we assume that…
Keeping up with constant change
Luke Ellyard, Partner, Financial Services at KPMG UAE, provides an insight into the effects of implementing Basel III.
In 2015, the Central Bank of the UAE (CBUAE) published…
Tying up loose ends
Michael Lynch, Chief Strategy Officer at InAuth discusses the importance of tightening mobile banking security.
Any discussion on banking cybersecurity trends in the Middle East invariably has…
Social media accelerates bank growth
GCC banks should look beyond social media as a simple marketing tool but rather see it as an essential factor in customer interaction, says Orient Planet Research
The GCC banking sector has…
A cashless economy is the way forward
Experts weigh in on recent and upcoming policy shifts in Egypt’s bid to go cashless and inclusive.
Moody’s Investor Services estimates that SME clients make up just…
Servicing a massive labour market
Having won several accolades from Banker Middle East this year, including the Best Remittance Award in KSA, National Commercial Bank discusses the forex landscape in the Kingdom…
Cross border transactions: shape up or ship out
Dr. Saeeda Jaffar and James Daniell of Alvarez and Marsal investigate cross-border transactions.
At a global level, the tightening of banking regulations…
Creating opportunity in adversity
Michel Longhini, CEO of Private Banking at Union Bancaire Privée examines the private banking landscape in the GCC, its challenges and opportunities, amidst a tough global economic backdrop…
Improving operational efficiency
Greg Rung, Partner at Oliver Wyman’s Financial Services practise in the MEA region illustrates how to enable a bank to boost productivity by 25 per cent while operating at a 35 per cent cost-income…
Challenging times ahead for Turkey
Following its meteoric rise in the last few years, Turkey has now become embattled with slow economic growth, geopolitical stresses and lower central bank reserves—but not all is bleak.
A time of re-evaluation
Markus Massi, Partner and Managing Director at Boston Consulting Group Middle East sheds light on the emerging trends in GCC’s ever-changing sovereign wealth fund landscape
It is no secret…
Balancing the scales
The largest SME bank in the UAE, RAKBANK plans to expand market share and take on all market segments in 2016 and beyond
How would you describe RAKBANK's performance in 2015?…
NBAD and FGB's prospective merger process
The amalgamation will combine the strengths of both banks, creating a massive entity—the largest banking institution in MENA.
Word started to spread in…
Expected headwinds for GCC banks
Tighter monetary policy and liquidity squeeze expected to weigh on GCC banks, explains Jaap Meijer, Managing Director, Equity Research at Arqaam Capital.
Headwinds from significant fiscal consolidation…
Weighing on Brexit
UK’s decision to leave believed to have minimal impact on GCC and the wider region.
Dreaded by some and unexpected by most, UK’s unprecedented move to leave the EU has left global…
Tapping into Australia’s property sector
Alande Mustafa Safi, Managing Director and Investment Specialist at Paragon Business Group provides an insight into its new fund and foreign investor behaviour towards Australia
Achievement of a lifetime
Patrice Couvegnes, Group CEO of Banque Saudi Fransi’s discusses his ambitions as the bank operates in a new economic climate
What are the driving factors of BSF's fiscal performance…
Stimulating trade activity
Casey Bell, Head of Trade Credit GCC at AIG says that the trade credit insurance sector is set to bolster UAE trade, especially in volatile times.
Increased use of trade credit insurance and…
Pensions in the Middle East
Michael Brough, Director in Willis Towers Watson’s International Consulting Group, provides an insight into the current state of the GCC pensions system.
Social security is offered to…
GCC insurance market contributes to the economy
Cedric Charpentier, Chief Sales and Distribution Officer at AXA Gulf, explains the resilience of the insurance market in the region.
With evolving economic conditions, the GCC insurance markets…
Cybersecurity–a growing challenge in the Middle East
Booz Allen Hamilton highlights the alarming cybersecurity issues amongst financial institutions in the Middle East
Until recently, the risk of data theft and cyberthreats was perceived to be…
Braving uncertainties in the Lebanese market
Lebanon’s financial and economic stability remains dependent on foreign capital inflows and the sustainability of public finances
Stuck between a rock and a hard place, Lebanon’s…
Avoiding another ‘Panama Papers’ scandal
By Eric Eifert, Senior Vice President of Managed Security Services at DarkMatter, a UAE headquartered cybersecurity specialist that works with governments and enterprises
Financial firms have…
Transaction, interaction, convergence
Kazem Aminaee, CEO and President of Spire Payments discusses how the point of sale industry has developed since its inception, what lessons have been learnt, and what the future holds.…
The race towards digital universality
Franky Van Damme, CEO of CR2, discusses the importance of an omnichannel experience in the banking industry
Digitisation in the Middle East has taken on a new level, moving faster than expected.…
Reaching the masses
Ishraq Mohammed Al Thebiani, Assistant General Manager of Corporate Communications at The Saudi Investment Bank, discusses marketing and communication strategies
What are your views…
Preparing for the future
Hussain Al Qemzi, Chairman of Emirates Institute for Banking and Financial Studies discusses human capital competencies in UAE and the larger region.
How would you describe the current…
UAE: key to GCC’s wealth
Mohammed Bitar, Chief Commercial Officer at National Bonds Corporation, discusses the potential of the wealth management sector in the Gulf
How would you describe the development of…
Inculcating positive change
Massi Markus, Partner and Managing Director at Boston Consulting Group Middle East highlights the importance of both public and private pension schemes for the region.
What are your…
Working towards a functional scheme
Marcus Gent, Managing Director of Middle East and RTW at Friends Provident International discusses the pensions landscape in the GCC.
Working in a region without formal pension arrangements…
Private equity: maintaining resilience
The private equity market is believed to require a change in adapting to a new era of ‘normal’
Against a backdrop of slowing global economy, increasing volatility in public equity…
Bahrain’s evolution as a financial centre
Dr Jarmo Kotilaine, Chief Economist, Bahrain Economic Development Board, writes on the development of Kingdom’s financial landscape.
Ambitious financial centre projects have been among…
Post sanctions—a cautious market
Rovine Chandrasekera, Managing Partner Middle East at Stephenson Harwood provides an analytical outlook on the GCC landscape following the lifting of sanctions on Iran
Since the lifting…
The earnings game
Binod Shankar, Director and Trainer at Genesis Institute discusses the implications of earning predictions
You know the old saying ‘The secret to happiness is low expectations’.…
Oil drivers from the Kuwait strike to US inventories
Ole Hansen, Head of Commodity Strategy at Saxo Bank discusses the Brent landscape post Doha talks
After touching $40/barrel in the aftermath of the failed Doha meeting, Brent crude has since…
GCC banking sector enters a new paradigm
Omar Mahmood, Head of Financial Services for Middle East and South Asia and Partner at KPMG Qatar, discusses the evolving banking landscape in the region.
It is not ‘new news’ that…
Economic crime–an ongoing concern in the Gulf
PwC highlights alarming levels of concern for awareness of cybersecurity in the Middle East markets
Cybercrimes across prominent markets in the Middle East are not showing any signs of improvement.…
Securing payment transactions
Johan Gerber, Group Head of Processing Product Management at MasterCard Worldwide, describes what is needed in the payment management system in the Gulf
Describe the payment security…
Collaboration-the key to getting ahead
Sagheer Mufti explains how ADIB’s collaboration with IBM has enhanced its digital transformation capabilities.
According to a recent GCC industry survey, a customer will increase business…
The Banker Middle East Industry Awards 2016 is the region’s leading financial event. This year 62 awards will be selected by the registered readers of Banker Middle East, Islamic Business & Finance, FinanceME, WEALTH Arabia magazines as well as users of www.cpifinancial.net
Thursday, May 12, 2016
The Banker Middle East Industry Awards 2015 is the region’s leading financial event. This year 30 awards will be selected by the registered readers of Banker Middle East, Islamic Business & Finance, FinanceME, WEALTH Arabia magazines as well as users of www.cpifinancial.net