Abu Dhabi's Hub 71 takes a closer look at SME issues
Hub71 in Abu Dhabi is collaborated with Mashreq Bank and First Abu Dhabi Bank, to help identify and solve issues…
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Nasdaq Dubai welcomes listing of $500 million sukuk by SIB
Nasdaq Dubai welcomed the listing of a 500 million US dollar sukuk by Sharjah Islamic Bank (SIB) The capital raised…
Anxious Lebanese turn to property amid banking crisis
The Lebanese real estate sector has witnessed a spike in activity in the past three months despite an economic crisis…
Bank Muscat honoured for Channel Innovation at Infosys Finacle Client Innovation Awards
Bank Muscat, the flagship financial services provider in the sultanate, has been recognised as a winner at the Infosys Finacle…
ila Bank Bahrain launches new savings solution
Ila Bank, Bahrain’s fast growing digital, mobile – only bank, has launched “Hassala” to empower customers to save towards their…
How the UAE financial sector is adapting to a post-pandemic world
In Dubai Future Foundation’s recent Life After COVID-19: Financial Technologies report, it said that the cornoavirus, “is an important opportunity…
Dubai's Emirates NBD begins new round of job cuts -sources
Emirates NBD, Dubai’s largest bank, began cutting hundreds of jobs this week after the impact of the coronavirus crisis accelerated…
Abu Dhabi wins $10bn FDI in gas pipeline deal
Dhabi, capital of the UAE, has pulled off a large foreign direct investment deal with a transaction to sell a…
UAE banks' profits to be hit by lower interest rates, high impairments in 2020
The UAE banks' profitability will come under pressure in 2020 due to lower interest rates, non-interest income and high loan…
Dubai Islamic Bank sells $300mln in 2026 sukuk reopening, document shows
Dubai Islamic Bank has sold $300 million in a reopening of its existing sukuk issuance maturing in 2026, a document…
QIIB bags top certificate in protection of banking cards’ data for 5th year
For the fifth consecutive year, QIIB has been awarded the “highest certificate in the protection of banking cards data” also…
Commercial Bank Dubai and Thunes partner to offer real-time international remittances
Commercial Bank of Dubai and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows…