Al Baraka Islamic Bank taps Layer for digital banking transformation
Digital banking platform provider, Layer has today, announced the launch of its digital banking services with Al Baraka Islamic Bank…
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Jersey Finance Agrees New Framework for Cooperation with Dubai International Financial Centre
Jersey Finance has signed an agreement with the Dubai International Financial Centre (DIFC) Authority, paving the way for closer collaboration…
Deloitte releases its latest Fraud Survey for the Middle East
We have pleased to launch the Middle East Fraud Survey report, illustrating how organisations in the Middle East have been…
Qatar and Rwanda Establish US$250M Pan-African Social-Economic Transformation Fund
The Kigali International Financial Centre, Africa’s leading destination for compliant and professional financial services and cross-border investments has established a…
Dubai launches $272mln Future District Fund to invest in startups
Dubai launched on Monday its Future District Fund with one billion dirham ($272.29 million) to invest in startups, deputy ruler…
Standard Chartered Bank executes its first ESG 'Use of Proceeds' repo
Standard Chartered Bank said on Monday it has executed its first ESG (Environmental, Social, and Governance) ‘Use of Proceeds’ repurchase…
Commercial Bank launches 'direct payment service' in cooperation with General Tax Authority
Commercial Bank launched in cooperation with General Tax Authority a direct payment service from the taxpayer’s account to the authority’s…
UAE's wealthy reluctant to take risks, expect lower returns due to COVID-19 – survey
The UAE’s wealthy are now reluctant to take risks and are expecting lower returns on their fortunes, as the global…
Guidelines for Financial Institutions adopting Enabling Technologies: UAE regulatory authorities
The Central Bank of the UAE (CBUAE), the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of…
General Reinsurance expands its Middle East presence with new office at DIFC
Dubai International Financial Centre (DIFC) has announced that General Reinsurance AG (Gen Re) has established a Middle East office in…
ADIB Appoints Nasser Abdulla Al Awadhi as Group Chief Executive Officer to Accelerate Growth Strategy
Abu Dhabi Islamic Bank’s Board of Directors has announced the appointment of UAE National Nasser Abdulla Al Awadhi as ADIB’s…
Three steps for setting up a Saudi business from outside the Kingdom
Those wishing to start a business in Saudi Arabia while outside the Kingdom will find the task easier following the…