All Articles

Legal

Stephenson Harwood advises lenders on US$160 million leveraged buyout financing for Allianz Marine

June 17, 2022

Stephenson Harwood LLP has advised the National Bank of Fujairah and Arab Petroleum Investments Corporation on its US$160 million leveraged…

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FinTech

CoinMENA receives provisional licence from Dubai’s Vara

June 17, 2022

CoinMENA, the Sharia-compliant digital asset exchange company licensed and regulated by the Central Bank of Bahrain, has obtained a provisional…

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Regulation, Risk & Compliance

UAE Central Bank bans insurance firm from issuing new policies for violating laws

June 17, 2022

The Central Bank of the UAE on Thursday announced that it had imposed an administrative sanction on an insurance company…

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Retail Banking

Commercial Bank of Dubai recognized with “Best Technological Innovation in Financial Services” award at Seamless Awards 2022

June 17, 2022

Commercial Bank of Dubai has received the prestigious “Best Technological Innovation in Financial Services” Award at the Seamless Middle East…

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FinTech

Global fintech Ascenda announces partnership with Banque Saudi Fransi to power JANA Rewards program in the Middle East

June 17, 2022

 Ascenda has announced a strategic partnership with Banque Saudi Fransi.   This best-in-class loyalty solution will tap into BSF's JANA…

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Uncategorized

Dubai has emerged stronger from the pandemic: Julius Baer

June 17, 2022

Dubai is one of the few cities globally to emerge stronger from the pandemic, as more people come to the…

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Family Office

DeFi and crypto assets adoption by family offices is expected to be the route for the institutional capital

June 17, 2022

The Wealth Today Summit agenda will holistically discuss the current investment climate and what the future of wealth and investment…

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FinTech

EFG unit acquires tech-driven Egyptian B2B platform Fatura

June 16, 2022

Tanmeyah for Microfinance Services, a wholly-owned subsidiary of EFG Hermes Holding and Egypt’s leading provider of microfinance solutions, has announced…

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Awards and Recognition

NBK named Best Trade Finance Bank in Kuwait for 2022

June 16, 2022

National Bank of Kuwait  was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global…

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Regulation, Risk & Compliance

CBB raises key interest rate by 75 basis points

June 16, 2022

In light of the development of the international financial market and the continuous measures taken by the CBB to ensure…

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Hedge Funds & Alternative Investments

Capital Bank’s Extraordinary General Assembly approves capital increase in favor of the Public Investment Fund

June 16, 2022

During its extraordinary meeting held virtually on Wednesday, June 15, Capital Bank's General Assembly approved the Board of Directors' recommendation…

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Regulation, Risk & Compliance

Al Fardan Exchange L.L.C signs anti-money laundering compliance solutions agreement with Kiya.ai

June 16, 2022

Al Fardan Exchange   has signed an agreement with Kiya.ai , a digital and financial solutions provider, powered by Artificial Intelligence…

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