Revealed: How UAE banks performed during Q3
UAE-based banks registered a sharp rise in earnings during the third quarter of 2021, indicating that they are prioritising profitability…
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Dubai regulator fines fund manager for reporting breaches
The Dubai Financial Services Authority (DFSA) has published a Decision Notice imposing a penalty of USD 210,000 (AED 771,225) on…
ADIB's Amwali Youth Bank elevates customers' experiences with chat banking services
Abu Dhabi Islamic Bank has announced the introduction of Amwali’s AI Chat bot. Through automated responses, Amwali Chat Banking will…
AZF signs agreement with Dukhan Bank
Aspire Zone Foundation has signed a collaboration agreement with Dukhan Bank, paving the way for a new partnership at The…
Rami Falah appointed General Manager of BNP Paribas Bahrain Branch
BNP Paribas Middle East & Africa has announce the appointment of Rami Falah as General Manager of BNP Paribas Bahrain…
Tadawul Group aiming to give 70% of its profits to shareholders
Saudi Tadawul Group is planning to allocate 70 percent of its profits as dividends unless it decides to push ahead…
ING involved in funding Qatar World Cup
ING is heavily involved in funding all kinds of projects and companies in Qatar that are directly and indirectly linked…
Challenges our industry faced in 2021
I believe Objectway is a software company, thus belonging to the IT industry, which always has its own challenges and…
Mauritius Commercial Bank Upgrades Its Dubai Presence
The Mauritius Commercial Bank has announced that it has been licensed by the Dubai Financial Services Authority to provide Advising…
ADX Sustainability Report 2020
This report presents the Abu Dhabi Securities Exchange has sustainability performance for the second consecutive year, covering the period between…
GCC banking regulations to remain stable in 2022: Fitch
Banking regulations in the Gulf Cooperation Council (GCC) region will likely remain stable, while governments will continue to be supportive…
Standard Chartered completes first USD Sofr trade loan in Hong Kong
Standard Chartered has completed its first trade loan transaction in Hong Kong referencing the USD secured overnight financing rate (Sofr)…