by Jennifer George | August 19, 2024 | Banking, Breaking, News
RAKBANK is leading strategic developments in the UAE’s digital assets sector. RAKBANK has forged an agreement with Bitpanda Technology Solutions, a notable digital asset provider, to provide a robust platform that will enable UAE residents to effortlessly manage...
by Jibran Munaf | August 16, 2024 | Banking, News
At HSBC Holdings Plc, a star hire who was supposed to reinvigorate the firm’s private banking business in the Middle East is facing a reality check. Aladdin Hangari’s efforts to build HSBC’s wealth offerings in the region have been hindered by a bevy of high-profile...
by Jibran Munaf | August 14, 2024 | Banking, Market Commentary, News, Trending Now
India’s banking sector is experiencing a significant exodus of employees as the industry expands into new geographies and businesses, fueled by a nationwide credit boom and robust economic growth. However, the pressure to deliver results has led to one of the...
by Jibran Munaf | August 14, 2024 | Fintech, Industry, News, Technology
The U.S. Justice Department is contemplating a rare bid to break up Alphabet’s Google following a landmark court ruling that found the company monopolized the online search market. This would be Washington’s first attempt to dismantle a company for illegal...
by Jibran Munaf | August 13, 2024 | Fintech, Industry, News, Trending Now
Start-up funding in the Middle East and North Africa (MENA) region made a remarkable comeback in July 2024, with investments surging by over 200%. The region’s start-ups raised $355 million during the month, up by 206% from the previous month and 260% from a year ago,...
by Vasu Jit Kalia | August 12, 2024 | Investment Banking
Khalid Al Falih, Saudi Minister of Investment, said that the pro-investment measures introduced by Saudi Arabia in recent years include the introduction of the Civil Transactions Law, Private Sector Participation Law, Companies Law, Bankruptcy Law and Special Economic...