- ADGM and Al Ansari Exchange collaborate for the development of fintech
- BSF announces the latest developments regarding the change in ownership of the Bank's capital
- Quantum Global Group’s $1.1 billion Infrastructure Fund Exits Savannah Cement
- Joint collaboration between KidZania and Zakat House for “Back to School”
- First Shari'ah-compliant warranty & indemnity insurance policy issued in London
- China: Robust data support power change
- USA: The Fed’s Beige Book does not change the inflation outlook
- Global IT spending to reach $3.7 trillion in 2018
- Dagong and IIRA maintain the Ratings of Al Baraka Banking Group and revise the Outlook Upwards
- SmartStream and Credit Suisse expand their agreement to now include listed derivatives brokerage fee
Top Banks Top Bankers
‘Excellence’ is the watchword for Patrice Couvegnes, Banque Saudi Fransi’s Group CEO. Here he explains how he prepared the bank to…
Embracing the future
Mashreq has an enviable history of setting the pace in banking in the UAE. This is a trend that looks set to continue.
The transformation of Al Rajhi Bank
Steve Bertamini, CEO of Al Rajhi Bank, discusses how the bank has reached its leadership position in the region, and the strategies that were employed…
Breaking old habits
Saudi Arabia continues to grapple with oil dependency and unemployment as it pursues its long-term diversification agenda.
Saudi Arabia’s economy is expected to contract slightly in 2017…
Alande Mustafa Safi, Managing Director of Paragon Business Group, talks about the burgeoning potential down under and his vision for 2018.
Paragon Business Group is the parent company and the…
FXTM: What to expect from the BoE
Today’s Bank of England Monetary Policy Committee (MPC) announcement is the main event of the week, according to Hussein Sayed, Chief Market Strategist at FXTM, adding…
After BoC hike, will the ECB announce the end of QE?
Currency traders were in action on Wednesday, with a couple of unanticipated events causing some wild swings in FX markets, according to Hussein Sayed, Chief Market Strategist…
Data analytics: is this the future of audit?
The possibilities for data analytics technology to change audit are enormous. Whether it’s identifying fraud, financial or business operational risks, big data and analytics could help auditors…
Politics are not the only risk on the horizon
Toby Nangle, Head of Multi-Asset, EMEA and Maya Bhandari, Multi-Asset Portfolio Manager at Columbia Threadneedle Investments, examine the risks looming on the horizon for financial markets and details…
A long way to breaching $50/barrel
Pierre Melki, Equity Analyst Global Equity Research at Union Bancaire Privée, provides a commentary on the oil market.
Year to date, the MSCI Energy is underperforming the MSCI World…
Renewables: realising the potential
Diego Biasi, Co-Founder & CEO, Quercus Investment Partners discusses the potential of renewables and green energy for the MENA region.
Describe the development of the renewable…
Investors on the sidelines ahead of Jackson Hole summit
FXTM’s Chief Market Strategist, Hussein Sayed, comments on the US equity markets and potential outcomes from the Jackson Hole Economic Policy Symposium.
The Sukuk and economic development for the Silk Road
In his opening address on 21 August 2017, at a forum held at Hamdan bin Mohammed Smart University, Abdulla Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre discusses the opportunities…
A new avenue of opportunity
Philip Hoffman, Founder and CEO of The Fine Art Group, sheds light on the rise of investments in fine art in the Middle East.
The art market has evened out in recent years. The European Fine…
Capitalising on the middle market
Paul Isaac, Executive Director, Gulf Credit Partners at Gulf Capital discusses the rise of alternative investment strategies in the Middle East and Africa.
For investors looking to add alternative…
Investing in Saudi’s consumer staples
Anjali Anand, Senior Manager, Investment Research & Analytics, at Aranca Research provides an insight into the three consumer staples stocks an investor needs to tap into in Saudi Arabia.
Turkey: reality is better than perception
In spite of what appears to be a turbulent few years for republic, the nation’s fundamentals are relatively strong when viewed objectively.
Beleaguered by continuous geopolitical tensions,…
Flight to safety subsides; attention shifts to data
The war of words between Trump and North Korea, has largely dictated the direction of the market for the past 24 hours, according to Hussein Sayed, Chief Market Strategist at FXTM.…
Optimism that the rand could strengthen quickly fades
Any optimism that the South African rand (ZAR) would continue its attempt to strengthen against the USD, appears to have gone out the window following the news that Jacob Zuma survived…
Boosting and incentivising investments
Dr Abou Shoka, founder of Cairo-based legal firm, Abou Shoka Law, sheds light on Egypt’s recently passed Investment Law.
Egypt’s long-awaited investment laws were passed in May,…
Markets in sleep mode, VIX drops below 10
Despite the S&P 500 and Dow Jones Industrial Average hitting record highs on Monday, the news barely made headlines, which could be explained by the scale of the moves, according…
Creating a win-win state
Will value-added tax be a game changer in the UAE? Dr Allen Baby, Faculty at Emirates Institute for Banking and Financial Studies, Dubai tackles this question.
Over four decades, the UAE has…
A subdued growth
The volume of deals concluded in the first half of 2017 dropped compared to last year nevertheless debt capital markets continue to post steady progress.
An investment banking analysis of the…
Growth amidst uncertainty
Banker Middle East sat down with Ahmed Saud Ghouth, Chief Executive Officer of Alkhabeer Capital, to talk about the firm’s seven consecutive years of record growth amidst market uncertainty,…
What makes a great modern CFO?
Samuel Dergel, Principal at Dergel Executive Search
Accounting may be a technical field, but the modern finance department cannot thrive on technical skills alone. Every client I speak with…
DIFC courts enforce United States judgment for the first time
by Peter Smith - email@example.com - Dubai, UAEPeter Smith examines the recent, groundbreaking judgement of Justice Sir Richard Field…
Banking on mobility in the GCC
Mobility drives more digital disruption and customer loyalty in global banking, writes Zaki El Khoury, Head of Sales UAE, Levant, North Africa and Country Manager—Lebanon at Orange Business Services.…
Leveraging fintech opportunities in the Middle East
Bana Akkad Azhari, Head of Sales & Relationship Management MENA and the CIS, Treasury Services EMEA at BNY Mellon, discusses the potential of fintech to transform the financial landscape in the…
New frameworks for risk management?
The Banker Middle East Roundtable on challenges in liquidity risk management and interest rate risk in the banking book was held in Riyadh, KSA, on 23 May 2017.
The roundtable, the…
The week ahead: Draghi’s turn to drag the euro?
Last week the greenback was the biggest loser among all major currencies, according to Hussein Sayed, Chief Market Strategist at FXTM.
Corporate Palestine harnesses individual expertise
Nisreen Musleh, Board Member of Arab Islamic Bank (April 2016 – April 2017), provides an insight into her experience operating in a turbulent market.
I have recently completed serving…
UAE remains a bright spot for private banking
Bruno Daher, CEO of Credit Suisse Middle East and North Africa, conveys his optimism on the private banking sector in the UAE.The year 2016 was marked with a series of unexpected events—from…
SWF: regional trends
In the shifting regional dynamic of sovereign wealth funds, what is the future outlook? Ihab Khalil, Partner & Managing Director at The Boston Consulting Group Middle East writes.…
Despite geopolitical risks that continue to loom over the country, the formation of a new government gives renewed hope for the nation.
Following a 29 month presidential absence in the country,…
IFC Invests in leading Palestinian VC fund to support start-ups and drive growth
IFC, a member of the World Bank Group, will invest $1 million in Ibtikar Fund, a leading Palestinian venture capital fund with a focus on accelerator-based investments…
Keeping in check
Banker Middle East catches up with Bryan Stirewalt, Managing Director, Supervision at Dubai Financial Services Authority (DFSA) to discuss the current state of financial regulation at the…
Yen supported by geopolitical risk
The Japanese Yen appreciated against its major counterparts during Tuesday’s trading session as investors adopted a cautious approach following reports of North Korea conducting…
A new divergence at the top
Khalid Howladar, Managing Director at Acreditus provides a recap of GCC sovereign credit ratings.
Kuwait, UAE and Qatar
Last week was a busy one for GCC sovereign ratings:…
Setting a new benchmark
Michaël Lok, Co-CEO Asset Management at Union Bancaire Privée comprehensively discusses the bank’s investment strategies in manoeuvring through challenging times.
The personal touch with customisable cards
By Eric Claudel, President Banking & Payments for the CISMEA region at Gemalto.
Historically, banks have had a one-size-fits-all product offering for their clients. Today, the banking sector…
Out with the silo, in with the ecosystem
Gerhard Oosthuizen, Chief Information Officer at Entersekt highlights importance of a synergetic approach in enhancing a financial institution’s digital capabilities.As consumers, we have become…
Bringing cybersecurity management to another level
In an exclusive interview with Banker Middle East, Wayne Loveless, Principal, Cybersecurity and Lutfi Zakhour, Senior Vice President, Financial Services, both at Booz Allen Hamilton MENA extensively…
Breathing life into customer experience
Nabilah Annuar sat down with Rasool Hujair, CEO of Najm (previously Majid Al Futtaim Finance) and winner of Best Credit Card for the Banker Middle East UAE Product Awards, to gauge his views…
Building the right workforce
Speaking to Banker Middle East, Matthew Cowan, Regional Director of the Chartered Institute for Securities & Investment Middle East discusses the importance of the development of…
Oil seeks support in mid-40s, hawks spook gold
Broad-based weakness saw the Bloomberg Commodity Index challenge the lower end of the range that has persisted for the past 14 months, writes Ole Hansen, Head of Commodity Strategy…
The fintech revolution: friend or foe?
Majed Al-Ghanemi, Chief Operating Officer of Alawwal Bank sheds light on the development of financial technology in the Kingdom of Saudi Arabia.
‘Fintech’ is a term that has been…
Sharjah revives historic gas identity as it becomes UAE's newest LNG import terminal
Sharjah’s pioneering gas industry has evolved beyond recognition since drilling on the Emirate’s Sajaa-1 well commenced in 1980, heralding the largest gas field discovery in the Northern…
ESG in private equity: from fringe to focal
As institutional investors increasingly turn to alternative investments, including private equity to seek additional return and diversification, the pressure is now on private equity managers to step…
Four tech hacks to faster customer onboarding in banking and finance
Rami Bachir, Sales Manager—Middle East at Kodak Alaris, Information Management division, sheds light on efficient customer onboarding.
Customer onboarding or client…
Commercial Bank of Dubai sheds light on the three key trends emerging in the transaction banking space.
It is evident that the global transaction banking industry is witnessing a paradigm shift…
Riding out the storm
Bahrain is still in a sticky situation with continuing deficits, depleting reserves and higher currency risk, but a strong financial sector and GCC support is expected to mitigate the situation.…
An outstanding financial track record
Samer A.H. Itani, Vice Chairman—General Manager of LGB BANK sheds light on the bank’s history and stellar performance.
With over 50 years of banking tradition, trust and excellence…
Qatari leadership to yield to Arab pressure to drop support for Islamist extremism or face military
By Firas Abi Ali, Senior Principal Analyst, Middle East & North Africa, IHS MarkitSaudi Arabia, Egypt, the UAE and Bahrain severed relations with Qatar on 5 June 2017. Measures taken by…