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Tag: banking

Posted on 18/10/2021

Gitex Global 2021: At Dubai Internet City, the in5 startup programme is picking winners

Dubai: Fintech-focussed startups are emerging as the favoured category in Dubai Internet City’s in5 incubator programme, as more UAE and Gulf residents take to digital payments and services. “Is there …
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Posted on 18/10/2021

India vs England, ICC World T20: Who will win India vs England warm-up match at Dubai?

Virat Kohli-led Team India will lock horns with Eoin Morgan’s England in their first warm-up game ahead of the ICC World T20 in Dubai. Team India will kickstart their T20 World Cup campaign against …
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Posted on 18/10/2021

Emirates NBD releases inspiring video campaign “People without limits” to mark the commencement of Expo 2020 Dubai

Dubai: Emirates NBD, a leading banking group in the Middle East, North Africa and Turkey (MENAT) region and a Premier Partner and the Official Banki …
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Posted on 18/10/2021

UAE: Experts share insights on why some family businesses fail, yet some survive

Family businesses make up more than half of the world’s gross domestic product (GDP). They are engines of growth and recovery in times of great challenge and in the last decade, they have been …
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Posted on 17/10/2021

Unprecedented Demand for The UAE’s Multi-Tranche Sovereign Bond Package

The UAE Government, represented by the Ministry of Finance (MoF), has successfully closed its offering of a U.S. dollar-denominated multi-tranche sovereign bond package, which is comprised of medium …
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Posted on 17/10/2021

Dubai’s Mashreq Bank scores a regional first with new API portal for businesses

Dubai: The UAE based Mashreq Bank has launched an active Application Programming Interface (API) developer portal, allowing developers to consume Mashreq’s APIs for use on their own applications.
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Posted on 17/10/2021

After IPO, Abu Dhabi’s ADNOC Drilling wants greater global exposure on key FTSE indicies

Dubai: Fresh from a record IPO, Abu Dhabi owned ADNOC Drilling Company is aiming for inclusion in three global market indices: the FTSE Emerging Index, FTSE Global Large Cap Index and FTSE All-World …
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Posted on 17/10/2021

Live: All the views and news from GITEX Global in Dubai

With the large scale events industry back in form in Dubai [Expo 2020, Arabian Travel Market, Dubai Airshow next month], the region’s largest tech event, GITEX Global, is back for its 41st edition.
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Posted on 17/10/2021

GFH to buy 100% of Khaleeji Commercial Bank to boost its portfolio

GFH said in a statement to Dubai Financial Market, where its shares are traded. “GFH intends to maintain KHCB’s commercial registration and vocation as an Islamic retail bank,” GFH said. “KHCB will …
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Posted on 17/10/2021

Deep Voice AI Used to Con Dubai Bank Out of $35 Million USD

A Dubai bank was defrauded of $35 million USD when an attacker used Deep Voice Artificial intelligence to simulate a client in a call to a branch manager.
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Posted on 17/10/2021

Bahrain investment bank GFH gets set to pick full ownership in Al Khaleeji Commercial Bank

Dubai: Bahrain investment bank Gulf Finance House (GFH) is in the final stretch to pick up full ownership of Khaleeji Commercial Bank, in what will be one of the bigger consolidations within the …
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Posted on 16/10/2021

Tunisia in talks with Saudi Arabia, UAE to obtain funds

Tunisia’s Central Bank is in advanced talks with Saudi Arabia and the United Arab Emirates (UAE) to obtain financial resources, a senior banker said …
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Posted on 16/10/2021

Expo 2020 Dubai: Sheikh Maktoum meets Slovak prime minister

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, met the prime minister of the Slovak Republic, Eduard Heger, at Expo 2020 …
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Posted on 16/10/2021

World Food Day: Dubai’s ‘Food Fridge’ completes one year of community service

Dubai: A community ‘Food Fridge’ in Dubai that offers packed food items for free has completed exactly one year this World Food Day (). It was on the previous World Food Day (in 2020) that the UAE …
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Posted on 16/10/2021

Expo 2020 Dubai: Food surplus from restaurants, catering to be distributed to local charities

Food surplus from Expo 2020’s restaurants, food halls and workforce catering will be repurposed and distributed to local charities with the logistical support of the UAE Food Bank throughout the …
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Posted on 15/10/2021

Importance of Islamic finance discussed

Khaled Mohammed Balama, Governor of the Central Bank of the UAE (CBUAE), launched day two of the Future of Finance conference, hosted by the CBUAE, …
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Posted on 15/10/2021

Abu Dhabi’s IHC to IPO subsidiary Multiply this year, CEO says

The planned transaction, which could value Multiply at $2.2-$2.7bln, would be the latest in a string of listings and deals for IHC …
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