Abu Dhabi Islamic Bank appoints Nasser Abdulla Al Awadhi as new CEO from January 9
Abu Dhabi Islamic Bank’s (Adib) Board of Directors has announced the appointment of UAE National Nasser Abdulla Al Awadhi as…
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Emirates Development Bank, Dubai Industries & Exports sign agreement to boost industrial growth
Emirates Development Bank (EDB) has announced the signing of a strategic agreement with Dubai Industries & Exports (Dubai IE) to…
StanChart executes $250 mln ESG-based repo deal with Saudi National Bank
Standard Chartered Bank said it has executed a $250 million repurchase agreement transaction (Repo) based on ESG principles with the…
UAE regulators issue guidelines to financial institutions on use of enabling technologies
Regulators of banks and financial free zones in the UAE have jointly issued guidelines to help financial institutions safely adopt…
Majority of UAE consumers prefer banks that put purpose over profits, report finds
About 76 per cent of customers in the UAE prefer banks that put purpose over profits, according to a report…
GCC start-up & SME sectors recognised as key drivers
The strategic importance of the start-up and SME sectors in driving economic growth and diversification has gained even more recognition…
Deutsche Bank, UAE's FAB execute Middle East's first green repo transaction
First Abu Dhabi Bank (FAB), the UAE's largest bank, has executed the first green repurchasing (repo) transaction in the Middle…
Bahrain Investcorp leads $17mln investment in India's Wingreens Farms
Investcorp, a Bahrain-based alternative investment management firm, said on Monday it led a $17 million investment in India's packaged food…
UAE-based fintech Verity raises $800k to launch family financial app
UAE-based fintech startup Verity has closed a $800,000 pre-seed round as it prepares for the launch of its family banking…
Warning over UAE advert from 'leading investment company' with 'phenomenal' returns
Dubai-based Insight Discovery's Nigel Sillitoe has warned that an investment company claiming to generate phenomenal returns for investors over the…
XSpot Wealth launches ESG plans and prepares to expand to Middle East
TRANSCRIPT Dimitris Kantzelis is CEO of XSpot Wealth; the innovative, technology-driven wealth management company he co-founded to provide convenient,…
First Abu Dhabi Bank teams with Ascenda
First Abu Dhabi Bank has partnered with global loyalty technology leader Ascenda to launch the market’s most rewarding portfolio of…