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FinTech

ADIB launches ADIB Direct unified digital banking platform that helps businesses cut costs

July 9, 2019

Abu Dhabi Islamic Bank  has launched “ADIB Direct”, a new intuitive digital banking platform for businesses that integrates a suite…

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Hedge Funds & Alternative Investments

Damac to remain under pressure, EFG Hermes says

July 9, 2019

The property sector in Dubai is expected to remain stable this year, helped by government initiatives in the pipeline to…

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Executive Moves

HSBC Private Bank appoints Head of Wealth Planning & Advisory for EMEA

July 9, 2019

HSBC Private Bank has appointed Jeremy Franks as Head of Wealth Planning & Advisory, EMEA, effective 8 July. He will…

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Hedge Funds & Alternative Investments

EFF to mobilise around $38.6 billion financing over three years: IMF

July 9, 2019

The International Monetary Fund supported programme is expected to mobilize total financing of around $38.6 billion over the three years…

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Executive Moves

State Street appoints new head of UK EMEA business

July 9, 2019

State Street Corporation has appointed Jörg Ambrosius as head of its UK, Europe, Middle East and Africa (EMEA) business. Ambrosius,…

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FinTech

Ajman Bank launches new branch in Dalma Mall and with it introduces another digital initiative

July 9, 2019

Ajman Bank has announced the launch of its latest branch in Dalma Mall that boasts state-of-the-art design and cutting-edge digital…

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Executive Moves

Thomas Hirschi resigns as Executive Director of Banking & Insurance of FSRA, ADGM

July 9, 2019

Abu Dhabi Global Market has announced that Mr Thomas Hirschi has served notice of his resignation as Executive Director of…

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Financial Results

Bank of Sharjah sees 38% decline in first quarter profits

July 8, 2019

Bank of Sharjah reported on Sunday a 38 per cent year-on-year decline in its net profit for the first quarter…

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Regulation, Risk & Compliance

UAE acts for transparency in tax, financial reporting

July 8, 2019

The UAE Cabinet recently introduced economic substance regulations effective April 30, 2019, which bring additional annual compliance requirements for UAE…

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Comment & Analysis

Jersey working with Saudi investors to achieve future diversification

July 8, 2019

With the appetite growing for sophisticated investing in Saudi Arabia, international finance centres (IFCs) that can demonstrate jurisdictional stability and…

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Hedge Funds & Alternative Investments

Creating a future through sustainable financing

July 8, 2019

A mix of community awareness and public policy reform have made sustainability a focal point for international banking and the…

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FinTech

Financial institutions need to embrace FinTech as an opportunity to thrive, rather than defending outdated mechanisms

July 8, 2019

Ms. Shaikha Al-Bahar, Deputy Group Chief Executive Officer, National Bank of Kuwait said that financial technology is now a cornerstone…

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