Arab Bank Switzerland strengthens Middle East footprint with opening Dubai office in DIFC

Arab Bank Switzerland strengthens Middle East footprint with opening Dubai office in DIFC

Samir Atitallah appointed CEO to lead the Bank’s DIFC operation and support regional growth ambitions Experienced Board bringing together leading banking figures including Elissar Farah Antonios, former Citi UAE CEO and regional MENA Head Dubai – Arab Bank Switzerland, the Geneva-headquartered Swiss private banking group, announces the launch of ABS (Middle East) Limited in Dubai International […]

Deutsche Bank appoints Danelee Masia as Chief Country Officer for South Africa

Deutsche Bank appoints Best Danelee Masia as Chief Country Officer for South Africa

Deutsche Bank today announced the appointment of Danelee Masia as Chief Country Officer (CCO) for South Africa and General Manager of Deutsche Bank AG Johannesburg Branch. Danelee will serve as Deutsche Bank’s senior representative in the country, with overall responsibility for leading the franchise, maintaining strong governance standards, and deepening engagement with clients, regulators and key stakeholders. […]

Abu Dhabi Islamic Bank Becomes First Bank to Offer Instant Digital Home Financing Pre-Approval

Abu Dhabi Islamic Bank Becomes First Bank to Offer Instant Digital Home Financing Pre-Approval

Abu Dhabi, Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has partnered with the Abu Dhabi Housing Authority (ADHA) to provide eligible UAE nationals with enhanced digital pre-approval access to Shari’a-compliant home financing solutions. The initiative supports the UAE’s ongoing commitment to homeownership and family well-being, offering customers instant approval in principle for home […]

Standard Chartered explores Sale of Bahrain Wealth and Retail Unit

Standard Chartered explores Sale of Bahrain Wealth and Retail Unit

Manama, Kingdom of Bahrain:  Standard Chartered PLC (“the Group”) today announced its intention to explore the sale of its Wealth & Retail Banking (“WRB”) business in Bahrain, as it further sharpens its focus on businesses and client segments where it has the greatest scale and most differentiated client proposition. This announcement does not affect the […]

Citi appoints Rajeev Garg as new Head of Wealth for the UAE

Citi appoints Rajeev Garg as new Head of Wealth for the UAE

DUBAI, UAE – Citi today announced the appointment of Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026. Garg will lead the strategic advancement and performance of Citi’s Wealth vertical (Citigold, Citigold Private Client and Credit Cards) in the UAE, while strengthening the business’s risk and control framework in line with […]

Flashy Front Ends Can Hide Operational Realities… Until They Can’t

Flashy Front Ends Can Hide Operational Realities… Until They Can’t

Article by: Makram Salloum, Regional Vice President – Middle East, Backbase  GCC banks have done something real. Onboarding journeys that took weeks now take minutes. SMEs access financing, trade services, and relationship management through polished digital portals. By almost every front-end measure, the region looks transformed. But looking transformed and being transformed are different things. […]

CBUAE achieves a new milestone in financial innovation through Aperta

CBUAE achieves a new milestone in financial innovation through Aperta

The breakthrough prototype enables secure, real-time cross-border financial data exchange, strengthening global connectivity and facilitating more efficient access to international markets. Abu Dhabi: The Central Bank of the UAE (CBUAE) announces the successful completion of Project Aperta, an international initiative led by the Bank for International Settlements (BIS) to enable secure and interoperable cross‑border open finance. […]