Abu Dhabi stock exchange seeks more private sector listings
The Abu Dhabi Securities Exchange (ADX) has rebranded its “Second Market” as “Growth Market” to attract more private sector listings. …
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Dubai property to sustain demand in 2022
Improving demand is expected to hold property prices steady in Dubai in the near term, according to leading real estate…
UAE to help African countries diversify their economies
The United Arab Emirates, UAE had indicated its commitment to assisting economies in Africa to diversify. Receiving the African…
IFC appoints new Director for the Middle East, Afghanistan, and Pakistan
IFC has named Khawaja Aftab Ahmed as the Regional Director for the Middle East, Pakistan, and Afghanistan. Ahmed will…
Saudi Arabia sees major growth in NFC payments
In light of the quantum leap in financial technologies and related sectors, the Kingdom of Saudi Arabia has witnessed remarkable…
Beckoning a new dawn for real-time payments in the UAE
As the UAE moves closer to the introduction of its mandated real-time payments scheme, due for launch in the fourth…
FinTech growth and digital banks' risk appetite stoking stability concerns, IMF says
The combination of rapid growth and increasing importance of digital banks and FinTechs entail system-wide risks for financial stability as…
HAYVN receives approval from the Swiss Financial Market Supervisory Authority, FINMA
HAYVN has announced that it has successfully received approval from the Swiss Financial Market Supervisory Authority, FINMA to join a…
SAMA cautions bank customers amid surge in financial fraud
There has been a surge in incidents of financial fraud being practiced by unscrupulous people to cheat bank customers, according…
Burgan bank launches fast international transfer service in with Mastercard
Burgan Bank has launched the new Fast International Transfer service in collaboration with MasterCard in Kuwait to offer fast and…
QIB profit grows 14% to reach QR855m in Q1
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the three months’ period ended 31 March…
Beema named “Best Company” by Money 2.0
Dubai-based insurance innovator Beema Insurance, a member of ENOC Group, and a part of ENOC’s mobility offering have recognised in…