Bloomberg Citigroup Inc. is hiring another 50 engineers in Israel, where fierce competition from technology giants is frustrating efforts to expand a workforce that already employs more programmers than bankers. The bank is recruiting developers in fields such as big data, artificial intelligence and interface design for its tech lab, a division set up in 2011 to service the global …

DUBAI / Emirates Business Mashreq Bank on Sunday launched Mashreq Neo, a new full-service digital bank to cater to the day-to-day needs of a world on the move. The new digital bank, which will be completely branchless, is targeted towards the connected generation who are digitally savvy, use mobile devices extensively, and will immerse users in a brilliant digital experience. …

Bloomberg Kuwait’s graduation to emerging-markets classification by index compiler FTSE Russell could prompt inflows of as much as $700 million from investors, according to the money manager run by the nation’s largest lender. The Gulf country won inclusion in FTSE Russell’s list during the weekend, rewarding efforts by local regulators and the stock exchange to modernize trading systems and attract …