DUBAI (Reuters) – Dubai’s largest bank, Emirates NBD , is working with India’s ICICI on a pilot project to use blockchain technology for global remittances and trade finance, in what they say is a first for banks from the Middle East and India. The project …
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Major banks from India and Dubai complete blockchain trade finance and remittance transactions
India’s largest private bank, ICICI, and one of the middle east’s largest banks, Emirates NBD, recently announced successful international blockchain transactions for both Trade Finance and Remittance purposes. International Trade Finance allows …
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Dubai bank directors complain delay in their case
A Nairobi court has reluctantly granted the prosecution last adjournment in the case where Dubai Bank Directors are accused of money laundering worth over Sh 48 million. Chief Magistrate Daniel Ogembo on Tuesday said the defense have never opposed any …
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