Who’s Who: Muneera Al-Dossary, head of asset management at ANB Capital
Muneera Al-Dossary has been the head of asset management at ANB Capital since June 2022. She is also the…
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Wio Bank partners with FAB to facilitate cash and cheque deposits
Wio Bank, the region’s first platform bank, is partnering with First Abu Dhabi Bank (FAB), the UAE’s largest bank and…
Six Kuwait banks join GCC Cross-border Payment System
Six local banks have joined the GCC Cross-border Payment System in the State of Kuwait, the Central Bank of Kuwait …
Azizi Developments appoints new Chief Facilities Executive and Senior Advisor
Azizi Developments has appointed a new Chief Facilities Executive and Senior Advisor, Dr. Mahmoud Reza Taheri, to lead its Facility…
Growing its network, Bank Nizwa announces new branch opening in Mawaleh
Expanding its footprint, Bank Nizwa, the leading Islamic Bank in the Sultanate, has inaugurated its 18th fully functional branch in…
EFG Hermes and Misr Italia Properties announce second securitization issuance worth EGP 986mln
EFG Hermes, the leading investment banking franchise in Frontier and Emerging Markets (FEM), and Misr Italia Properties, one of Egypt’s…
Saudi fintech Manafa Capital raises $28.3mln
Saudi fintech Manafa Capital has closed a Series A funding round of SAR 106 million ($28.3 million) which it will…
Dubai records over $544mln in realty transactions on Thursday
Dubai real estate market recorded 529 sales transactions worth AED1.89 billion, in addition to 80 mortgage deals of AED133.23 million,…
Dubai’s Court of Appeal orders extradition of Sanjay Shah to Denmark
The Dubai Court of Appeal has issued a ruling to extradite Sanjay Shah, a British citizen, to Denmark. Danish authorities…
Insurance industry has promising future after surviving COVID crisis
The UAE insurance industry has a promising future due to the government initiatives, increasing consumer spending and overall bullish sentiments…
AMF & AGFUND sign MoU to promote economic development in Arab region
The Arab Monetary Fund (AMF) and The Arab Gulf Programme for Development (AGFUND) signed a memorandum of understanding on Wednesday,…
Abu Dhabi bank launches tokenized payment system using wearables
The Abu Dhabi Islamic Bank has launched a tokenized contactless payment system. The “ADIB Pay” system is a partnership…