JPMorgan hires UK ex-finance minister Javid
Wall Street giant JPMorgan has hired Britain’s former finance minister Sajid Javid as a senior adviser, the bank said on…
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Salama announces AED11.5 million surplus distribution to Takaful policyholders for 2019
Islamic Arab Insurance Company has announced a payment of surplus (cash returns) of AED11.5 million to eligible group credit life…
UAE Fintech NymCard Granted In-Principle Approval to Hold, Transfer Customer Funds, while Issuing Payment Cards
Abu Dhabi based NymCard, a card issuing and processing platform, has reportedly been granted “in-principle” approval from the Financial Services…
UAE's first ETF tracking Sharia-compliant index lists on UAE markets
The UAE's first exchange traded fund tracking a Sharia-compliant index began trading on the Abu Dhabi Securities Exchange (ADX) and…
Egyptian Real Estate Consortium posts profits in H1
Egyptian Real Estate Consortium (EREC) reported a 63% Year on Year decline in its consolidated net profit in the first…
Prime FinTech attracts prominent names from banking & technology to its board of directors
Prime FinTech CEO Mervat Erian has announced that the company, recently launched by Prime Holding to operate in the non-banking…
Israeli investor glee met with Emirati caution after deal on ties
From a proposed rail link to the Gulf from the Israeli port of Haifa, to quick-hop direct flights from Tel…
Arcapita-Mumtalakat consortium exits NAS Neuron
Arcapita Group Holdings, the global alternative investments firm, and Bahrain Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, announced…
Most Covid-19-induced positive behaviours are here to stay
Around two thirds of residents in the United Arab Emirates say that much of the changed habits, routines and practices…
PwC's partnership with Tanium lands in the Middle East
PwC has extended its international alliance with cybersecurity firm Tanium into the Middle East market. Internationally, the Big Four…
A Credit Suisse technology banker got a big job
Investment bankers are supposed to be flavour of the month at Credit Suisse under new CEO Thomas Gottstein, but this…
Digital payments surge as Ecommerce takes off in UAE
Consumers are increasingly moving away from cash and opting for contact-free and digital payments experiences – and they don’t expect…