UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life...
The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms.
Cointelegraph spoke...
Saudi’s Riyad Bank Plans Early Redemption of $1.06bln Sukuk
Riyad Bank intends an early redemption of its 4 billion riyals ($1.06 billion) sukuk due in 2025, the Saudi lender said in a statement...
QIB Unveils ‘New Innovative, Useful Features’ on Mobile App
QIB has released several “new innovative, useful features” on its mobile app. The latest update, developed with the current customers’ banking needs in mind,...
Sharjah Islamic Bank posts 1.3% Increase in Net Profits to $41.9m
Sharjah Islamic Bank (SIB) has posted strong results for the first quarter of 2020, despite the economic crisis caused by the current coronavirus pandemic.
The...
KFH Says No New Updates Regarding Bahrain’s Ahli United Acquisition
Kuwait Finance House (KFH) said that there were no new developments regarding its acquisition of Bahrain’s Ahli United Bank after reports claimed that the...
The BIBF Collaborates with Cogneum for an Innovative Software Solution
The Bahrain Institute of Banking and Finance (BIBF) has announced a partnership with UK-based software publisher Cogneum and their Middle East and Africa partner Innosoft Solutions, to...