Rakbank chief executive Raheel Ahmed talks to John Everington about the outlook for the UAE economy in 2023, the bank's strategy for remaining competitive in a crowded market, and the outlook for the country's neobanks.
Middle East
Latest articles from Middle East
Arabian crypto dreams look like a mirage
January 4, 2023The fallout from the collapse of FTX has been felt keenly in the Arabian Gulf, where several jurisdictions have positioned themselves as would-be crypto hubs.
to read
Saudi Arabian banks keep growing
January 3, 2023Lenders in the region are witnessing an increase in profitability.
Binance battles to restore trust following FTX’s downfall
December 22, 2022Binance's regional head of MENA, Richard Teng, speaks about the regional and global outlook for the crypto sector.
to read
The Banker’s Year in Review 2022 – the ‘best bits’
December 20, 2022As we come to the end of this year, our editors look back on their own coverage for The Banker in 2022: Here are our ‘best bits’.
The untapped segment in Middle Eastern banking
December 8, 2022A report reveals the great opportunity for newcomers to address the unmet needs of the region’s unbanked, amid expectations for massive expansion of the fintech sector in the coming years.
New crypto rules grant DIFC innovation boost
November 10, 2022The Dubai International Financial Centre’s new crypto regime aims for a careful symmetry between the cutting edge and investor protection.
Wio brings platform banking to the UAE
October 6, 2022Wio chief executive, Jayesh Patel, speaks to The Banker about his long-term vision for the bank.
UAE sends positive signals in matching UK enforcement
September 29, 2022The United Arab Emirates is consolidating its standing on the international stage as it leans towards reciprocity of enforcing judgements from the UK.
Omar Bin Sultan Al Olama: The UAE’s role in bringing crypto assets into the mainstream
September 28, 2022Those at the forefront of new technologies must be given room to breathe, while authorities ensure that the regulations necessary to protect consumers and the financial system, as well as prevent criminal enterprise, are in place.