DIFC introduces AI and coding licence
Dubai International Financial Centre (DIFC) has announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation…
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Looming FATF Decision on Dirty Money List Poses Risks for UAE
A global financial crime watchdog will decide this week whether the United Arab Emirates has made enough progress to avoid…
Investcorp buys majority stake in Italian cybersecurity company HWG
Investcorp, the alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, bought a majority stake in Italian…
First Abu Dhabi Bank to distribute $2.1bn dividends for 2021
First Abu Dhabi Bank , one of UAE’s leading banks, has approved the dividend distribution of 70% of paid-up capital…
Turkish fintech seeks Qatari investment
Turkish fintech companies met with Qatari investors this week in a webinar. The Turkish presidency’s finance office organized the…
Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm
Brookfield Asset Management signed an agreement to buy 60 per cent of the payments business of First Abu Dhabi Bank …
Dubai consultancy founder Nigel Sillitoe gets 10-year UAE Golden Visa
Dubai-based Insight Discovery consultancy CEO and founder Nigel Sillitoe has been granted a 10-year Golden Visa by the UAE. …
CleanTech innovation offers opportunities for Saudi investors
Innovation is needed to achieve a net-zero future and this is something the recently launched Saudi UK Tech Hub plans…
Egypt on green, sustainable finance map: Finance Minister
Minister of Finance Mohamed Maait said that there is a presidential mandate to expand green and sustainable financing in the…
Regulating crypto assets continues to be a tough feat
The introduction of any innovative technology always comes with numerous challenges. Technological innovations such as blockchain, artificial intelligence and machine…
What are the implications of the UAE's monopoly on issuing Egyptian sovereign bonds?
Emirati banks' issuance of Egyptian sovereign bonds and the arrangement and provision of loans, raised several questions about the significance…
Turkey’s banks may need capital increase, Fitch Ratings says
Capital increases may be needed at Turkish banks with fairly thin buffers or to support economic growth, Lindsey Liddell, a…