Insights: Here’s how to fight fraud with tokenisation
Residents of the UAE have undoubtedly experienced their fair share of fraudulent phone calls and text messages from scammers attempting…
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UAE businesses can be fined up to Dh1 million under amended consumer protection law
The amended UAE consumer protection law has come into force, with businesses that break rules on the supply of goods…
QNB Group: Financial results for the year ended 31 December 2023
QNB has announced that the Board of Directors, during its meeting held today has approved its results for the year…
CBUAE cancels the licence of first insurance brokers company
The Central Bank of the UAE has cancelled the licence of First Insurance Brokers Company (First Insurance), an insurance company…
MENA Fintech Association reignites SHIFT – Payments Working Group
The MENA Fintech Association, the premier not-for-profit organization dedicated to serving fintech startups and established players across the Middle East…
Real estate trading volume over QR810m in last week
The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of…
QNB net profit rises 8% to QR15.5bn in 2023
QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced that the Board of Directors, during…
Allen & Overy advises lenders on the Damietta port project in Egypt
Allen & Overy (A&O) has advised a consortium of lenders including International Finance Corporation (IFC), European Bank for Reconstruction and…
FAB issues the first Sukuk globally in 2024
Issuance marks the first Sukuk issued globally in 2024 and stands as the region's first offering for the year. First…
Emirates NBD digital wealth platform offers choice of more than 232 mutual funds
Mutual funds display Morningstar risk and sustainability ratings as well as historical performance Emirates NBD, a leading banking group in…
PineBridge Investments Names Head of Intermediary Distribution, APAC and EMEA
PineBridge Investments has named Nicolas Kopitsis as Head of Intermediary Distribution for APAC and EMEA, effective 1 January 2024. …
Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising
Investment in Saudi startups surged by 33 per cent year-on-year (YoY) to $1.4bn in 2023, according to Dubai-based data platform…