All Articles

Regulation, Risk & Compliance

The Central Bank of UAE Grants Direct Debit Systems License for Marketplace Operations

March 22, 2023

UAE citizens and residents can now use a paperless marketplace to facilitate all their recurring payments digitally.   The marketplace…

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Executive Moves

MENA Fintech Association adds Visa’s Akshay Chopra to board

March 22, 2023

MENA Fintech Association (MFTA), the industry association covering the Middle East and North Africa region, has announced Akshay Chopra has…

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Comment & Analysis

UAE launches family office group to support wealth transfer

March 22, 2023

The Emirates Family Office Association was officially launched at the Abu Dhabi Global Market.   It represents a major milestone…

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Regulation, Risk & Compliance

Abu Dhabi’s ADGM witnesses 56% rise in assets under management in 2022

March 22, 2023

Abu Dhabi Global Market  has announced that it ended 2022 on a high note due to several milestones achieved by…

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Hedge Funds & Alternative Investments

76% UAE jobseekers want traditional five-day workweek: Boston Consulting Group report

March 22, 2023

Busting a major recruitment myth, a new report from Boston Consulting Group  and The Network has revealed that 76 per…

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Regulation, Risk & Compliance

CBB Treasury bills oversubscribed

March 21, 2023

This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 141%.   The bills, carrying a…

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Hedge Funds & Alternative Investments

Saudi’s SRC, Alrajhi Bank sign landmark refinancing deal

March 21, 2023

The Saudi Real Estate Refinance Company (SRC), which is wholly owned by the Public Investment Fund (PIF), signed a portfolio…

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Legal

Linklaters secures licence to operate in Saudi Arabia

March 21, 2023

Linklaters is pleased to announce that it has been granted a licence by the Ministry of Justice of the Kingdom…

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Retail Banking

HSBC introduces payment validation service to reduce transaction delays

March 21, 2023

HSBC, Europe's largest lender, has introduced a Swift payment service to reduce transfer delays for UAE-based customers through the use…

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Environment and Sustainable Investments

COP28 could see move from negotiation to action, experts say

March 21, 2023

The UAE’s hosting of the UN Climate Change Conference later this year could transform the future of the annual international…

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Environment and Sustainable Investments

UAE’s Masdar, Egypt’s Infinity JV buy full stake in Africa’s Lekela Power

March 21, 2023

Infinity Power, a joint venture between UAE’s Masdar and Egypt’s Infinity, has fully acquired Lekela Power, an Africa-based wind power…

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FinTech

Turning UAE’s New Free Zone Into a ‘Gateway’ for Global Virtual Asset Companies

March 21, 2023

Sheikh Saud bin Saqr Al Qasimi, the ruler of the Emirate of Ras Al Khaimah (RAK), one of the seven…

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