SoftServe has opened a new office in Dubai as part of its initiative to support the rapidly expanding user base in the Middle East.
( read original story …)
Kuwait Finance House Q2 profit more than triples
A Kuwaiti trader is seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019. DUBAI- Kuwait Finance House (KFH.KW), a Sharia-compliant bank, said on Tuesday net …
( read original story …)
Dubai Islamic Bank raises foreign shareholding limit to 40%
Dubai: Foreign investors can pick up to 40 per cent in Dubai Islamic Bank, which has received clearance from the Central Bank to raise the limit from 25 per cent. DIB, one of the biggest names in the …
( read original story …)
ADIB is the first UAE bank to use facial recognition for account opening
ADIB, announced the signing of a partnership with the Ministry of Interior (MOI) to allow opening of accounts remotely and digitally.
( read original story …)
PolicyBazaar eyes Rs 6k cr from IPO
The offer consists of fresh issuance worth Rs 3,750 crore and a Rs 2,267.5-crore offer for sale (OFS) by a clutch of existing shareholders, including SoftBank and the firm’s co-founder and group CEO …
( read original story …)
OT Security Firm Nozomi Networks Raises $100 Million
Nozomi Networks, a provider of operational technology (OT) and internet of things (IoT) cybersecurity solutions, said Monday that it has raised $100 million in Series D pre-IPO-funding round. Led by …
( read original story …)
Abu Dhabi Islamic Bank becomes the first UAE bank to use facial recognition for instant and secure account opening
ADIB becomes the first UAE bank to use facial recognition for instant and secure account opening The service enhances security against fraud and other forms of identity theft Abu Dhabi: . Through …
( read original story …)
1170.48% retail subscription coverage for Tanmiah IPO
The coverage ratio for the offered shares by individual subscribers (the “Retail Tranche”) reached 1170.48% and the total number of individual subscribers reached 69,598, injecting SAR 470,532, …
( read original story …)
Agriculture identified as the most promising sector for investment in sub-Saharan Africa
Agriculture has been identified as the most promising sector for investment in sub-Saharan Africa, according to a survey released by Dubai …
( read original story …)
Anghami & Addmind to Launch Anghami Lab, An Innovative Entertainment Concept to be Available in Major Cities Starting in Dubai & Riyadh
ABU DHABI, United Arab Emirates, Aug. 02, 2021 (GLOBE NEWSWIRE) — Ahead of its historic listing on NASDAQ New York via proposed merger with Vistas Media Acquisition Company, a special purpose …
( read original story …)
UAE: Now, open a bank account remotely using a selfie
UAE citizens and residents can now open a bank account from the comfort of their home by taking a selfie – and be done with the entire process in less than five minutes.Abu Dhabi Islamic Bank (ADIB) …
( read original story …)
India’s insurance price comparison site Policybazaar to join booming IPO market
Policybazaar’s IPO could be the third-largest Indian debut of 2021 New Delhi: Online insurance marketplace Policybazaar has filed for an IPO that could raise as much as Rs60.18 billion, joining a …
( read original story …)
PolicyBazaar files DRHP with Sebi for Rs 6,000 crore IPO
The Gurugram-based firm has become the fifth startup after Zomato, Paytm, Mobikwik and CarTrade to initiate proceedings to debut on Indian stock exchanges.
( read original story …)
Global Banking School opens doors to a global education and careers
Global Banking School (GBS), one of the fastest-growing Higher Education providers in the UK, has announced the opening of admissions for September 2021 intake of Higher Diplomas in Business …
( read original story …)
Infinite Blue Opens Dubai Office
To meet demand for its award-winning software solutions that help companies attain organizational resiliency, Infinite Blue has opened a Dubai office.
( read original story …)
Wiley and PwC’s Academy Middle East Expand Partnership to Help Finance Professionals Advance Their Careers
Wiley (NYSE:JWA)(NYSE:JWB), a global leader in research and education, and PwC’s Academy Middle East, the talent and skills development business of PwC Middle East, today announced the expansion of …
( read original story …)
UK based Legaltech Firm Clara Acquires Strategic Investment from the Dubai International Financial Centre
Clara has set up a new business office within the DIFC financial hub, after acquiring the strategic investment from DIFC. “Clara (Techstars ’19) is a legal operating system that digitizes and …
( read original story …)