First UAE bank to collaborate with areeba, bringing secure, efficient payment infrastructure to local fintechs …
Commercial Bank International partners with areeba to enhance fintech payment solutions in the UAE
First UAE bank to collaborate with areeba, bringing secure, efficient payment infrastructure to local fintechs …
Emirates Development Bank and Ajman Bank partner to drive SME financing and innovation in UAE
The collaboration focuses on enhancing the financial inclusion of SMEs and providing them with crucial access to finance …
Nasdaq Dubai welcomes $2bln bonds by China; accumulative bond listings hit $42bln
One tranche holds a three-year tenor and stands at $1.25bln, while the second one will mature in five years with a value of $750mln …
Grant Thornton UAE appoints first Emirati partner to advisory practice
Dana Al Yazeedi, a UAE national, joins the advisory practice at Grant Thornton UAE and brings over 14 years of experience in Internal Audit, Risk Management, and Corporate Governance across …
“India Global Forum’s mission more relevant than ever,” says Finance Minister Nirmala Sitharaman ahead of IGF Middle East and Africa 2024
Ahead of India Global Forum’s (IGF) flagship Middle East & Africa 2024 (ME & A 2024) in Dubai on Monday, 25 November, Finance Minister Nirmala Sitharaman commended the role of the organisation in …
Saudi edges UAE for IB fees as battle heats up: IFR
Saudi Arabia and the United Arab Emirates are in another tight race this year to be the top Middle East country for investment banking fees on the back of a surge in debt underwriting and robust IPO …
Israel Says Rabbi Found Dead in U.A.E. Was Abducted and Killed
Israeli-Moldovan citizen Zvi Kogan, 28, went missing from Dubai on Thursday afternoon, prompting an investigation by Israel’s Mossad spy agency after suspicions were raised that he was abducted in an …
Delivery Hero aims to raise $1.5bln in Talabat’s Dubai IPO, sets price range
German food delivery service Delivery Hero said the initial public offering (IPO) of its Middle East business Talabat is expected to raise around 1.42 billion euros ( $1.4 billion to $1.5 billion) in …
UAE Government launches KYC platfor for enhanced financial data
The UAE government has launched the “Know Your Customer” (KYC) digital platform to provide accurate, comprehensive, and confidential data for financial transactions. This platform is a key component …
‘Climate Finance’ COP29 Upended By Cheap Oil And ‘Gift Of God’ Remarks
Political shenanigans, unrealistically lofty ambitions on financing and economies digging heels on fossil fuels have largely upended possibility of consensus at COP29.
UAE’s $30 Billion Energy-Transition Fund Struggles to Spend Cash
A landmark fund launched by the United Arab Emirates a year ago has managed to spend just a small fraction of its cash, as it struggles to find deals suited to its mandate of investing in the energy …
UAE launches digital KYC platform to boost financial transparency
The UAE government has unveiled a “Know Your Customer” digital platform aimed at boosting banking sector and enhancing financial transparency, streamlining identity verification, and combating …
UAE Central Bank suspends money exchange business of Al Razouki Exchange, closes two branches
The administrative sanctions imposed are the result of the findings of a special examination conducted by the CBUAE …
U.S. looks into JPMorgan’s ties to Iranian-linked hedge fund – report
The U.S. Treasury Department is investigating JPMorgan Chase’s (NYSE:JPM) relationship with a hedge fund that”s suspected to be part of a network controlled by Hossein Shamkhani, an Iranian oil …
US probes JPMorgan’s links with Iranian oil trader’s hedge fund, Bloomberg News reports
The U.S. Treasury Department is looking into JPMorgan Chase’s relationship with a hedge fund that is said to be a part of Iranian oil trader Hossein Shamkhani’s network, Bloomberg News reported on …
US Probes JPMorgan’s Ties to Iranian Oil Kingpin’s Hedge Fund
The US Treasury Department is examining JPMorgan Chase & Co.’s relationship with a hedge fund that’s said to be part of a network … The entity was recently suspended by Dubai’s financial free zone.