Emirates NBD and ICICI launch trade finance blockchain pilot

Emirates NBD and ICICI Bank have partnered with a subsidiary of Indian tech giant Infosys on a pilot blockchain solution for trade finance and remittances. The banks become the first in the UAE and India, respectively, to pilot blockchain-based network for ... ( read original story ...)

Head of Hedge Fund Selection – General Manager

Al Futtaim Group - Dubai - Al-Futtaim Group is one of the leading business houses in the Middle East region, employing over 40,000 people (including those in joint ventures and subsidiaries) in diverse sectors spanning more than 60 businesses ... ( read original story ...)

Credit ratings can be a force of change in UAE finance

In a recent communiqué, the UAE’s Securities and Commodities Authority (SCA) reiterated its aim of introducing credit rating regulations as part of UAE’s vision of having a well-developed, investment-conducive and resilient financial system. ( read original story ...)

Dubai lender Emirates NBD posts flat Q3 net profit

"Both Dubai and Emirates NBD are well placed to deal with the regional challenges stemming from a lower oil price environment," said Mr Nelson. Emirates NBD is banking on more digital programmes, with an increased focus on online and mobile banking services. ( read original story ...)

Saudi set to become top tech investor with $100 billion fund

DUBAI: Saudi Arabia and Japan’s SoftBank Group will create ... who joined the Japanese firm in 2014 from Fortress Investment Group, a private equity and hedge fund group. PIF will engage its own team. Saudi Arabia’s Deputy Crown Prince Mohammed bin ... ( read original story ...)