Neobanks: UAE Hands Out Digital Licenses
Abu Dhabi Global Market rolled out new digital banking licenses during the summer, hoping to attract new investors. The…
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Adnoc closes pipeline infrastructure investment with Singapore’s sovereign wealth fund
The Abu Dhabi National Oil Company has announced that it has formally closed its US$600 million pipeline infrastructure investment agreement…
BAB and Jordan bank discuss co-operation
Bahrain Association of Banks chief executive Dr Waheed Al Qassim met Bank of Jordan-Bahrain wholesale banking chief executive Salam Gamoah…
UAE federation highlights well-capitalised, highly liquid UAE banking sector
UAE Banks Federation, UBF, has officially released its annual report for the year 2018, shedding light on the significant progress…
UAE banks well-capitalised, says UBF
The UAE’s banking sector remains well-capitalised, highly liquid, sound and stable — all of which is solidifying the foundations of…
New Digital-Only Trade Bank Takes On The Establishment
Billed as the world’s first fully digital corporate trade bank, Anglo-Gulf Trade Bank has set out to disrupt the world…
Warning: You have not won a prize … it’s a scam; money exchange in UAE warns customers against scam messages
Al Ansari Exchange, a leading UAE-based foreign exchange and worldwide money transfer company, has warned its customers against fraudulen tphone…
WISeKey established WISeKey Arabia
WISeKey International Holding has reached a final agreement with E.A Juffali & Brothers group to incorporate WISeKey Arabia, a joint…
BlackRock opens Saudi office in Riyadh
BlackRock has opened an office in Saudi Arabia as the world’s largest asset manager seeks investment opportunities in the kingdom…
Dubai Police advise residents to get bank SMS notifications
Dubai Police are advising residents to register for SMS notifications from their bank in order to detect fraud at the…
Alkhabeer Capital increases capital by 10 per cent
Saudi Arabia’s Alkhabeer Capital, an asset management company specialising in alternative investments, has increased its paid-up capital by 81.3 million,…
Emirates NBD sells shares in UAE payments firm in $370m deal
Emirates NBD, the largest bank in Dubai, has confirmed the sale of an aggregate of 52.6 million ordinary shares in…