UAE bank ADCB adopts blockchain for trade finance
UAE’s Abu Dhabi Commercial Bank (ADCB) announced that it has adopted blockchain for trade finance using Singapore’s dltledgers blockchain platform. …
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Finastra strengthens APAC team with new Head
Finastra has appointed Wissam Khoury to lead its Asia Pacific (APAC) business. In this new expanded role as Senior Vice…
Demand for crypto and digital assets in GCC to rise manifold
The GCC is a very dynamic market and the demand for crypto and digital assets will accelerate in the near…
Emirates NBD's Smart Pass locks out users without smart devices
Emirates NBD now requires its customers to use Smart Pass, a device-specific security measure that generates a new token every…
Ithmaar Bank upgrading systems to further boost customer experience
The announcement follows the formal appointment of one of the world's leading banking solutions experts to help implement a Customer…
Christie’s expert hunts for stolen millions in lawsuit against Bank of Valletta
An international hunt for millions in cash stolen from an art specialist in New York has found its way into…
Investment funds laying ground to attract more investors
Making investment through investment funds offers the investors a number of advantages including professional management of the assets, lower risk…
Good old bank deposits add to abundant liquidity in Middle East
Citibank’s clients are ploughing back cash in good old bank deposits amid volatile market conditions even as real estate sector…
Abu Dhabi plans first dollar bond issue in two years – sources
Abu Dhabi plans to issue U.S. dollar-denominated bonds this year, three sources familiar with the matter said, its first since…
Empower facilitates bill payment through ADCB mobile app
Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced that it has enabled bill payment…
Al Hilal Bank appoints new CEO
Al Hilal Bank’s Board of Directors has appointed Abdul Shakeel Aidaroos as the Bank’s new Chief Executive Officer. Abdul Shakeel…
UAE banks asked to treat males, females equally while giving loans
The UAE Central Bank has asked banks and financial institutions in the country to treat male and female customers equally…