UAE's Alpha Dhabi Holding eyes $2.17bln in investments across sectors
Abu Dhabi’s Alpha Dhabi Holding, a subsidiary of International Holding Co. (IHC), has announced plans to invest up to 8…
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Digital wealth manager launches Smartfolio products linked to MENA Venture Capital Funds
ADGM-based digital wealth management firm, FinaMaze, has announced the launch of its groundbreaking product which allows, starting from $ 10,000,…
i2c Partners with Ooredoo to Launch Digital-First Payment Initiatives in Qatar
i2c Inc. has announced its partnership with Ooredoo. By leveraging i2c’s agile payments technology, Ooredoo will launch modern payment solutions…
Julius Baer Invests in AI-Based Bank
First Digital Bank (FDB), an artificial intelligence based Israeli digital bank aspiring to democratize access to private banking, has signed…
Binance planning to tie up with Dubai for crypto activities – report
Binance will soon sign a memorandum of understanding with Dubai for crypto-related activities, the Business Times reported, citing unidentified individuals…
UAE Central Bank imposes penalty on bank under strict anti-money laundering rules
UAE’s Central Bank has imposed a Dh19.5 million sanction on a bank in the UAE under the country’s Anti Money…
QIB launches first Visa Direct remittance service in Qatar
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the launch of a new remittance service, Visa Direct, in…
QNB launches WeChat Pay to retailers in Qatar
QNB, the largest financial institution in Middle East and Africa, has launched WeChat Pay, the premier mobile payment solution in…
GCC members record 3.3% rise in bank deposits in first half of 2021
Member states of the Gulf Cooperation Council witnessed an improvement in their banking sector, as the total bank deposits increased…
Swiss private bank unveils Abu Dhabi operation
Abu Dhabi Global Market has welcomed Neue Privat Bank AG to its vibrant and thriving business and financial community on…
Latham Advises Chimera Capital
Latham & Watkins has advised Chimera Capital Ltd (Chimera), an ADGM regulated fund manager and a wholly-owned subsidiary of Chimera…
Commercial Bank of Dubai becomes the first bank to establish a Digital Lab at the DIFC Innovation Hub
Commercial Bank of Dubai, one of the leading banks in the UAE, announced the opening of its Digital Lab at…