In the face of the broad and accelerated digital transformation that the banking and financial sector is experiencing …
Emirates NBD sets a new standard in mobile banking with the roll out of ENBD X
Emirates NBD’s new mobile banking App has been engineered according to the latest technology, security and user experience trends …
Trillion-dollar crime: UAE ramps up fight against wildlife trafficking, poaching ahead of COP28
With COP28 approaching, the UAE is amping up its crackdown on financial crime networks sustaining the illegal wildlife trade and looming biodiversity crisis …
US Fed keeps interest rates steady at 5.25-5.5%; UAE central bank follows suit
The Central Bank of the UAE has announced maintaining the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 percent …
Dubai Islamic Bank Pakistan unveils digital onboarding solutions with Codebase Technologies
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai: Earn second salary by listing your property on new holiday platform; here’s how it works
The community-based online platform enables holidaymakers to swap homes or rent directly from one another at minimal or zero cost …
UAE central bank hits pause on interest rate hikes
Though the US Fed left the rates unchanged, a move widely predicted by analysts, it has signalled one more rate hike this year …
As Africa Renewable Energy Finance Gap Widens, UAE Steps In With Major Investments
As Africa falls behind on renewable energy, the UAE steps in with major investments, filling an important climate finance gap ahead of the COP-28 climate summit in Dubai.
UAE Central Bank holds rates with Fed
The UAE Central Bank held its benchmark borrowing rate after the US Federal Reserve hit pause for the second time this year as core inflation and the labour market in the US slowed. The Fed held its …
UAE Central Bank holds interest rates steady as US Fed hits pause on hikes
The interest rate notification from CBUAE comes after the US Federal Reserve announced that it is maintaining its key policy rate unchanged …
COP28 organiser “pleasantly surprised” by development bank reform talks
Majid Al Suwaidi, director general of COP28, which will be held in Dubai in December, said reforming development institutions like the World Bank was a priority. “The reform conversation is one that I …
UAE and Philippines strengthen financial and investment relations
Mohamed Bin Hadi Al Husseini, Minister of State for Financial Affairs, received a high-level delegation from the Republic of the Philippines at the Ministry of Finance’s Dubai office, in the presence …
Dubai insurer hit with fresh bank lawsuit over trade credit policies
Fimbank has turned to the courts in a bid to force Dubai Insurance Co to pay out on a trade credit insurance policy invoked after a commodity trader failed to repay a US$10.8mn trade finance facility.
Saudi PIF-backed ADES prices IPO at top end, implying over $4 bln valuation
DUBAI, Sept 20 (Reuters) – Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO), implying a valuation of 15.242 billion riyals …
DIFC unveils five-year innovation outlook for financial services
The report unveils four key trends that will be pivotal in shaping the sector over the next five years, unlocking the potential of open finance, greater decentralisation in finance, the emergence of …
Saudi PIF-backed ADES prices IPO at top end, implying over $4bln valuation
DUBAI – Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO), implying a valuation of 15.242 billion riyals ($4.06 billion) for the …
National Bank of Fujairah participates in Ru’ya Careers UAE Redefined, underscoring its commitment to Emiratisation
Dubai: National Bank of Fujairah (NBF) is participating this week in Ru’ya Careers UAE Redefined, taking place between September 19-21 at Dubai World Trade Centre. Participation in this leading …