The United Bank for Africa Plc plans to assist Small and Medium Scale Enterprises with the $6bn facility from the Africa Continental Free Trade Area Secretariat.
Zoho’s finance platform records 42% growth in UAE
It also announced launching Zoho Practice, an end-to-end practice management solution for accounting professionals …
UAE: Sending money home could get cheaper, say experts
Exchange houses go the extra mile in serving expats, with some now offering loans to residents’ families back home …
The DFSA adopts the UAE principles for the effective management of climate-related financial risks
The Principles, developed by the SFWG, reflect a number of recent publications from international standard setters, including the Principles for the effective management and supervision of …
UAE: Indian technician wins Dh20-million Mahzooz prize but has no plans to quit his job
Shreeju, an Indian expat who works as a technician in Fujairah, still can’t believe that he now has a whopping Dh20 million to his …
China still has ‘huge challenges’ for bonds and stocks, UAE bank says
Oliver Kettlewell of First Abu Dhabi discusses the meeting of U.S. President Joe Biden and Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit.
Saxo Bank partners with Christie’s Auction House to enhance Art Investment Awareness
To raise awareness for Saxo’s clients on the other unique avenues they could explore when looking to diversify their investment portfolios …
Iislamic finance is growing tremendously in Central Asia: Zubair Mughal
AlHuda CIBE is contributing its efforts for the development of the Islamic Banking and Finance Industry in Central Asia …
Advanced Technology Is Changing The Banking Industry: Experts
Advances in the banking industry is of great importance in this region, where 60 per cent of the population is under the age of 30 and are highly tech-savvy. In the UAE, more than 50 per cent of …
UAE strongly condemns Israeli bombing near Jordanian Field Hospital in Gaza
The UAE has strongly condemned and expressed its strong denunciation … growing the business into a multibillion-dollar company involved in finance, housing, manufacturing and the media.
Dubai’s Shuaa to Liquidate Its $100 Million SPAC
The Dubai-based asset management and investment banking platform Shuaa Capital’s [1]board of directors approved liquidating the $100 million Special Purpose Acquisition Company (SPAC) amid unstable …
Russian gold floods into Hong Kong after UAE cracks down on illicit activity
Russian gold shipments to Hong Kong have soared to 68 tons so far this year, four times the amount for all of 2022.
Dubai Taxi To Launch IPO By December – Dailynewsegypt
Dubai Taxi Corporation, a mobility solutions provider, plans to list its shares on the Dubai Financial Market (DFM) by December 2023. …
Dubai International Chamber launches new international representative office in Frankfurt, the financial capital of the Eurozone
one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Europe with the inauguration of a new international representative office in Germany.
After UAE guarantee, Pakistan expects 2nd tranche of IMF package this week
International Monetary Fund chief Kristalina Georgieva confirms development as Islamabad expects to get $710M in 2nd tranche ‘very soon’ …
The Finance Today Summit 2023 hosting top trends shaping the transformation of finance
The Finance Today Summit 2023 offers a valuable opportunity to network, share knowledge, and explore emerging trends in the financial sector. The event is expected to attract significant attention …
UAE payments revenue to hit $19.8bn by 2027, says BCG
Growth in the UAE’s payments space is being fueled by a surge in digital transactions and technological advancements such as generative AI.