TAMM launches second phase of ‘Abu Dhabi Pay’ platform
The Abu Dhabi Government Services ecosystem (TAMM) on Wednesday launched the second phase of its digital payment platform ‘Abu Dhabi…
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Former Danske Bank CIO joins Abu Dhabi Investment Authority
Danske Bank’s former chief investment officer, Anders Svenessen, has joined the Abu Dhabi Investment Authority (ADIA), Citywire Selector has learned.…
Qatar cultivates first green bonds as QNB raises $600 mln
Qatar saw its first green bond issue on Tuesday when Qatar National Bank (QNB) QNBK.QA sold $600 million of the…
Wealthtech Spending to Reach US$24B Annually by 2023
With COVID-19 accelerating digital transformation, wealth managers are expected to increase tech spending to reach approximately US$24 billion annually by…
Deutsche Bank appoints Loïc Voide and Kees Hoving as Co-CEOs for the Middle East and Africa
Deutsche Bank has announced the appointment of Loïc Voide and Kees Hoving as Co-Chief Executive Officers (Co-CEOs) in the Middle…
Japan's Nomura cuts investment banking jobs in Dubai
Nomura Holdings has cut about a half dozen investment banking jobs in Dubai, as Japan’s biggest brokerage shrinks its Middle…
SABB wins ‘Saudi Arabia’s Best Bank 2020’ award
The Saudi British Bank has been named the “Best Bank in Saudi Arabia for 2020” by Global Finance magazine, an…
Bank of Bahrain and Kuwait to take over Ithmaar Bank’s Bahrain operations
The Bank of Bahrain and Kuwait, one of the biggest commercial banks in Bahrain, and Ithmaar Holding have agreed on…
Tanzania eyes Qatari investments in its ICT, energy, other sectors, says envoy
The United Republic of Tanzania is seeking Qatari investments in various sectors following a ‘massive reform’ to transform the East…
First Abu Dhabi Bank partners Aldar for card-based payment to property tenants
First Abu Dhabi Bank is partnering Aldar Properties’ real estate management firm Provis to provide consumer card payments for customers.…
Business travel in the Middle East to make a comeback in 2021?
Business travel, as with the rest of the aviation sector, has been severely impacted by COVID-19 and video conferencing trends,…
New partner to lead Triago's growth in the Middle East
Hired as Partner and head of the group’s Dubai office, Khuram Maqsood will lead Triago’s ongoing expansion in the Middle…