Emirates NBD pilots blockchain-based money transfers

During the pilot, remittance and trade finance processes were executed on the blockchain network with almost real-time transfers of invoices and purchase orders. Emirates NBD chairman Shaikh Ahmed bin Saeed Al Maktoum said the pilot was the first of its ... ( read original story ...)

Emirates NBD and ICICI launch trade finance blockchain pilot

Emirates NBD and ICICI Bank have partnered with a subsidiary of Indian tech giant Infosys on a pilot blockchain solution for trade finance and remittances. The banks become the first in the UAE and India, respectively, to pilot blockchain-based network for ... ( read original story ...)

Head of Hedge Fund Selection – General Manager

Al Futtaim Group - Dubai - Al-Futtaim Group is one of the leading business houses in the Middle East region, employing over 40,000 people (including those in joint ventures and subsidiaries) in diverse sectors spanning more than 60 businesses ... ( read original story ...)

Credit ratings can be a force of change in UAE finance

In a recent communiqué, the UAE’s Securities and Commodities Authority (SCA) reiterated its aim of introducing credit rating regulations as part of UAE’s vision of having a well-developed, investment-conducive and resilient financial system. ( read original story ...)

Dubai lender Emirates NBD posts flat Q3 net profit

"Both Dubai and Emirates NBD are well placed to deal with the regional challenges stemming from a lower oil price environment," said Mr Nelson. Emirates NBD is banking on more digital programmes, with an increased focus on online and mobile banking services. ( read original story ...)