Global Fintech platform Nium expands into Middle East with new General Manager for the region
Nium has announced its expansion into the Middle East, with the appointment of Ayoub Jemail as its new General Manager,…
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Kuwait Central Bank denies plan to devalue, stands by peg
The Central Bank of Kuwait, which pegs the dinar to a basket of currencies dominated by the US dollar, affirmed…
Africa Reinsurance Corporation (Africa Re) Group Selects DIFC For Middle East Expansion
> Africa Re’s first office outside Africa opens in DIFC. > Africa Re will provide both Conventional and Retakaful Capacity…
Covid hit to drag GCC countries' tax revenues 20% lower
GCC countries could lose up to 20 per cent of tax revenues this year due to the impact of coronavirus…
Sharjah Islamic Bank wins two prestigious international awards
Sharjah Islamic Bank won the “Best Islamic Bank” and the “Most Innovative Digital Bank” award, for the year 2020, at…
UAE bank assets rise 4% to 2.8 trillion dirhams
The total value of national bank assets in the country increased by 0.7% on a monthly basis during the month…
Azimut to launch fixed income fund in Egypt
Azimut Egypt Asset Management will launch the Group's first local fixed income fund in Egypt on 11 October, with equities…
Mashreq and noon.com announce strategic partnership
Mashreq has announced a long-term strategic partnership to redefine the digital payments experience for UAE consumers. The joint venture…
What’s the number one priority of the Great Wealth Transfer for millennials?
Topping up pension pots is the number one priority for millennials – who will be the beneficiaries of the greatest…
Why the rich and the famous invest in the UAE
The UAE, especially Dubai, continued to woo high net worth individuals (HNWIs) as another 1,300 millionaires made the emirate their…
SHUAA launches three Sharia-compliant funds in ADGM and secures USD 75 million of commitments
United Arab Emirates: SHUAA Capital has launched three Sharia compliant funds and already secured USD 75 million of commitments. …
UAE Central Bank joins hands with Dubai Islamic Economy Development Centre to strengthen Islamic banking
The Central Bank of the UAE has signed a memorandum of understanding with the Dubai Islamic Economy Development Centre to…