Dubai Investments board proposes $139mln dividend for 2021
UAE-based Dubai Investments has proposed a total cash dividend of AED 510 million ($139 million) for 2021 after profits more…
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APBEF-UBA: A new agreement on settlement of disputes between banks
As part of strengthening cooperation between Tunisian banks and financial institutions and the Arab banking sector, the Tunisian Professional Association…
FAB to expand MENA footprint, strengthen regional trade links with Iraq
First Abu Dhabi Bank (FAB) will be expanding its regional footprint with the opening of a representative office in Iraq,…
Banque Saudi Fransi’s CEO resigns
Banque Saudi Fransi has announced the resignation of Rayan Mohammed Fayez from his position as the bank’s Managing Director and…
DFSA decisions to penalise Dalma Capital Management Limited and Zachary Cefaratti referred to Financial Markets Tribunal
The Dubai Financial Services Authority has published two Decision Notices concerning action the DFSA has decided to take against Dalma…
National Finance introduces WhatsApp with real time automated messaging
Oman’s leading finance company, National Finance, recently introduced an automated WhatsApp service to cater to its clients’ various requirements. …
Abu Dhabi Islamic Bank enhances its digital banking ecosystem
Abu Dhabi Islamic Bank (ADIB) has announced that it will continue to develop its digital banking ecosystem and be at…
DFSA censures Paymentology Ltd for disseminating misleading and deceptive information
The Dubai Financial Services Authority (DFSA) has today issued a public censure against Paymentology Ltd. Paymentology is a payment…
Qatar banks' operating efficiency, capital remain strong: Moody's
Widening net interest margins and higher non-interest earnings emboldened the profitability in Qatar's banking sector, whose operating efficiency and capital…
Bahraini entrepreneurs have potential to go global
Bahraini entrepreneurs have the potential to expand globally due to an integrated support system that includes a variety of financial…
QIB introduces Corporate Online Account Opening through its website
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the launch of a service which simplifies the opening of…
DFSA publishes regulatory framework to oversee cryptocurrencies
The Dubai Financial Services Authority, the regulator of the emirate’s financial hub, has published its regulatory framework overseeing crypto tokens,…