Emerging markets regional banks join CLSNet
CLS has announced that Alfa-Bank and First Abu Dhabi Bank have agreed to initiate onboarding to CLSNet, a standardized, automated…
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HSBC launches Voice ID
HSBC has announced the launch of Voice ID in Qatar enabling retail customers to access their accounts by using their…
Ahlibank names winner of Al Rabeh Savings Scheme
Following much anticipation, Mona M Al Khayyat was named as winner of December 2020 Mega cash prize Al Rabeh Savings…
International consulting firm Tefen launches in Dubai
Tefen – an Israel-headquartered global management consulting firm – has announced the launch of a Dubai office, in a move…
Most UAE residents would choose to invest spare cash in property
New research* from Quilter, the wealth manager, found that the most popular use for extra money would be to invest…
EFG Hermes issues 1st tranche of securitization bonds worth LE 700M for 3 companies
The Financial Group Hermes Holding (EFG Hermes) announced the successful completion of the issuance of the first tranche of LE…
Bahrain, Israel Sign FinTech Cooperation Agreement
Bahrain FinTech Bay (BFB) and the FinTech Association of Israel -FinTech Aviv (FTA) have signed an agreement to cooperate and…
Investcorp Portfolio Company Calligo Acquires UK MSP Network Integrity Systems
Investcorp has announced that its portfolio company, Calligo Holdings Limited has acquired Network Integrity Services, a UK-based IT managed services…
EBRD supports secure and green energy in Jordan
EBRD US$ 100 million loan to Jordan’s National Electric Power Company Support to ease repercussions of Covid-19 crisis Capacity-building funded…
Silver Linings Even in Adversity
• Even trouble in Congress can’t stop the bull run in asset prices. • Biden’s majority in both houses opens…
Access Bridge Ventures marks first closing of its $25m regional venture capital fund
Access Bridge Ventures, a newly launched regionally focused early-stage venture capital fund, has made a first close. The fund,…
FAB issues five-year US$500 million Sukuk
First Abu Dhabi Bank has issued the lowest-ever yield on any five-year MENA bank USD issuance with a US$500 million…