First Abu Dhabi Bank to unveil e-Dirham upgrade

The UAE's Ministry of Finance (MoF) and First Abu Dhabi Bank (FAB) will showcase e-Dirham’s latest developments and technologies in electronic payment systems during the Gitex Technology Week 2017 in Dubai. The e-Dirham is a cashless payment system that ... ( read original story ...)

Is This The Geopolitical Shift Of The Century?

U.S. allies Saudi Arabia, Egypt, Turkey and even the UAE, have shown an increased eagerness to develop ... Arabia is NOT asking Russia to take part in the long-awaited Aramco IPO in 2018. Russian individual investors and financial institutions, however ... ( read original story ...)

Dubai firm closes second fund with $160m commitments

A team of investment professionals in Dubai, Istanbul and Kuwait will manage the NBK Capital Partners Mezzanine Fund II, a statement said. The fund has already invested in two companies - Qimam El Hayat, a private K-12 school in Riyadh, and Perkon ... ( read original story ...)

PwC set to deliver VAT diploma in the UAE, Saudi Arabia

PwC, the global professional services firm, is to deliver a VAT diploma in the UAE and Saudi Arabia ahead of the introduction of value added tax in the Gulf region. As the GCC economies gear up for the new VAT regime from January 1, 2018, PwC said there ... ( read original story ...)

Post-Brexit banking shake-up to benefit UAE financial centres

While European capitals are battling it out to woo London's bankers post-Brexit, the cities that stand to gain the most could be far further afield, including New York, Hong Kong and Dubai, according to Miles Celic, chief executive of TheCityUK. The chief ... ( read original story ...)

New digital bank launched in the UAE

Dubai-based Mashreq Bank has unveiled a new full-service digital bank, Mashreq Neo, in the UAE. The new digital bank will be completely branchless, is targeted towards the connected generation who are digitally savvy, use mobile devices extensively, and ... ( read original story ...)

Finance Analyst – Energizer – Dubai Jobs

This Analyst role is responsible for providing the Finance and Controllership Manager and the local commercial team with timely and accurate financial information. You will give support and advice to enable the business to achieve its sales and profit ... ( read original story ...)

Commercial Bank of Dubai appoints new COO

Dubai: Commercial Bank of Dubai announced the appointment of C Krishna Kumar as its chief operating officer. Kumar joins CBD from his previous role as chief operating officer of Qatar Islamic Bank in Doha. He has over 25 years of experience in the banking ... ( read original story ...)