Dubai consultancy founder Nigel Sillitoe gets 10-year UAE Golden Visa
Dubai-based Insight Discovery consultancy CEO and founder Nigel Sillitoe has been granted a 10-year Golden Visa by the UAE. …
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Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm
Brookfield Asset Management signed an agreement to buy 60 per cent of the payments business of First Abu Dhabi Bank …
Turkish fintech seeks Qatari investment
Turkish fintech companies met with Qatari investors this week in a webinar. The Turkish presidency’s finance office organized the…
First Abu Dhabi Bank to distribute $2.1bn dividends for 2021
First Abu Dhabi Bank , one of UAE’s leading banks, has approved the dividend distribution of 70% of paid-up capital…
Investcorp buys majority stake in Italian cybersecurity company HWG
Investcorp, the alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, bought a majority stake in Italian…
Looming FATF Decision on Dirty Money List Poses Risks for UAE
A global financial crime watchdog will decide this week whether the United Arab Emirates has made enough progress to avoid…
DIFC introduces AI and coding licence
Dubai International Financial Centre (DIFC) has announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation…
Saudi National Bank looks for new position in Europe, Asia
Saudi National Bank has been revising possible acquisitions of financial organizations in Europe along with Asia, based on a news…
US-listed Brookfield to buy 60% of First Abu Dhabi Bank’s payment subsidiary
First Abu Dhabi Bank, the UAE’s largest lender by assets, has signed an agreement to sell a 60 per cent…
Return of margins: UAE banks see good times ahead
A combination of factors ranging from rapid recovery in economic growth supported by rising oil prices, pick up in loan…
Mastercard recognises Commercial Bank’s outstanding performance for ultra high net worth customers
Commercial Bank has been awarded by Mastercard in recognition of the Bank’s outstanding performance of its Limited-Edition Black World Elite…
Commercial Bank wins best ‘Serving Business Owners’ award by Euromoney
In its annual Private Banking and Wealth Management Survey, the leading international magazine Euromoney has recognized Commercial Bank’s continuous commitment…