NORTHAMPTON, MA / ACCESSWIRE / / BloombergOriginally published on bloomberglp.com About Start date: Tuesday, June 4, 2024 Start time: 8:30 AM EDT| 1:30 PM BST Duration: 4 Hours At the halfway point …
Oxchange Finance Announces the Imminent Launch of OxWallet: Pioneering the Future of Decentralized Finance
Polygon Chain-Based Decentralized Exchange Poised for Growth with New Product Offerings and Strong Fundamentals DUBAI, UNITED ARAB EMIRATES / …
Middle East’s best bank for sustainable finance: HSBC
Last year was an important one for sustainable finance in the Middle East. Dubai hosted the COP28 conference, following on from Sharm El-Sheikh in Egypt in 2022. This has well and truly put the …
UAE: How to close a bank account, avoid recurring fees
The ‘going back’ process can seem tough, filled with cancelling cards and utility accounts, while saying your goodbyes to the people you met along the way.One of the most important steps is the …
UAE contributes to Joint Annual Meeting of Arab Financial Institutions and Council of Arab Finance Ministers
The United Arab Emirates, represented by the UAE Ministry of Finance and the Central Bank of the UAE, participated in the Annual Joint Meeting of Arab Financial Institutions, which was organised under …
UAE banks score all-time high on consumer trust
Consumer confidence in the UAE banking sector jumped to 90 per cent in 2023 from 84 per cent in the previous year, reflecting the sector’s excellence, fast digital transformation, and innovation. The …
Middle East’s best bank for wealth management: Emirates NBD Private Banking
Emirates NBD Private Banking has a proven track record across wealth management in the Middle East. The Dubai-based firm scooped several wins at this year’s Euromoney private banking awards across …
UAE’s ADNOC Group offloads $935m stake in drilling unit
ADNOC Group offloaded 880 million shares at Dhs3.90 apiece, approximately 70 per cent above the IPO price of Dhs2.30.
UAE’s economy grew by 3.6% in 2023 on non-oil growth
The UAE economy expanded by 3.6 per cent last year, driven by strong non-oil sector growth as the country continues to pursue its diversification goals. The country’s gross domestic product reached …
CREALOGIX and Tuum forge strategic alliance to transform banking in the EMEA at Seamless Middle East 2024
Dubai, United Arab Emirates – A leading Fintech company headquartered in Switzerland, CREALOGIX and Tuum, a leading next-generation core banking provider, today announced a strategic partnership aimed …
UAE’s ADNOC Group offers 5.5% stake in drilling unit
UAE’s ADNOC Group said on Wednesday that it plans to sell a 5.5 per cent stake in its drilling business to eligible institutional investors through a bookbuild offering, more than two years after it …
Leading UAE bank upgrade’s nation’s growth forecast
Emirates NBD on Wednesday upgraded its non-oil growth forecast for the UAE this year to 5.0 per cent from 4.5 per cent earlier, taking headline GDP growth ..
Huspy secures investment round, led by Balderton Capital
The property technology company is building a Super App for real estate starting with best technology for real estate agents and brokers …
Spinneys launches ‘The Kitchen by Spinneys’ at Dubai Mall
It’s the company’s first-ever standalone food hall concept; A second Kitchen by Spinneys scheduled to open at Creek Harbour later this year …
Saudi Arabia’s Rasan Information Technology Prices IPO at Top of Range
Saudi Arabia’s Rasan Information Technology Prices IPO at Top of Range DUBAI (Reuters) – Saudi Arabian fintech firm Rasan Information Technology has priced its initial public offering on the local …
UAE’s Wio becomes one of fastest ‘neo-banks’ globally to hit a profit
Wio’s deposits have gone past Dh11b, with SMEs being a sizeable customer base Dubai: The UAE digital-only bank Wio recorded a profit of Dh2 million in 2023, which is also its first full year of …
UAE-listed banks lead GCC in Q-o-Q growth in 2024 at 5.6 per cent
Bottomline performance for the GCC banking sector remained steady with a healthy q-o-q growth of 11.8 per cent and a Y-o-Y growth of 10.5 per cent to reach USD 14.4 billion during Q1-2024, according …