Banking & Finance

DAMAC Secures $229M For Its London Premiere Project

Dubai's Emirates NBD Saves $500M In Its Acquisition Of Turkish Denizbank Thanks

Kuwait’s Investment Firms Kamco And Global Investment House Merge To Form $13B

UAE banks to pay $5.1 billion Dividends for FY 2018

Banks Are Promoting 'Female' Chatbots To Help Customers, Raising Concerns Of

Berkshire Hathaway Lost $25.4B In Q4 2018, But That Is Not Their Biggest Concern

UAE Exchange And Unimoni To Process Remittances Through Blockchain

Existing Institutions Fight Fintech With Innovation

Banking & Finance Now

1 week ago

DAMAC Secures $229M For Its London Premiere Project

DAMAC International has secured a development financing package of $229 million for its London landmark project, DAMAC Tower, at Nine Elms.
By Nermeen Abbas 3 min read
3 weeks ago

Dubai's Emirates NBD Saves $500M In Its Acquisition Of Turkish Denizbank Thanks To Lira Slump

The lira has lost 17% against the dollar since the deal was signed, hitting a record low in August.
By Nermeen Abbas 3 min read
1 month ago

Kuwait’s Investment Firms Kamco And Global Investment House Merge To Form $13B Entity

The move to merge comes after Kamco acquired a majority stake in Global last year for an undisclosed sum.
By Mary Sophia 4 min read
1 month ago

UAE banks to pay $5.1 billion Dividends for FY 2018

A total of $5.1 billion of dividends have been proposed by 18 listed UAE national banks for 2018—12.2% up from $4.5 billion in 2017 due to incresased profits.
By Jason Lasardo 3 min read
1 month ago

Banks Are Promoting 'Female' Chatbots To Help Customers, Raising Concerns Of Stereotyping

The proliferation of bots with female names raises questions about whether they might also perpetuate gender stereotypes, particularly around the notion of women in the role of assistants.
By Parmy Olson 15 min read
2 months ago

Berkshire Hathaway Lost $25.4B In Q4 2018, But That Is Not Their Biggest Concern

 Billionaire Warren Buffet’s investment firm Berkshire Hathaway reported a profit of $4 billion during the financial year of 2018 on the back of a $3 billion loss in food giant Kraft Heinz. This is...
By Jason Lasardo 4 min read
2 months ago

UAE Exchange And Unimoni To Process Remittances Through Blockchain

The financial services brand will use Ripple’s blockchain platform to process remittances to Thailand. 
By Mary Sophia 4 min read
3 months ago

Existing Institutions Fight Fintech With Innovation

Oliver Wyman’s State of Financial Services Report, launched at the World Economic Forum Annual Global Meeting, describes an emerging "greenfield" approach.
By Amany Zaher 5 min read