Bank Alfalah, one of Pakistan’s leading commercial banks, inaugurated its international branch at the Shaikh Zayed Road (in Dubai relocated from Al-Khaleej Building, Zaabeel Street) to provide …
Citi moves Russia country officer to oversee UAE businesses, operations
Citi has appointed Maria Ivanova, former Citi Country Officer (CCO) for Russia, as CCO for the UAE, to oversee all businesses and operations in the country.
Dubai taxi operator $300mn IPO; New Saudi aviation economic policy framework; Six Senses AlUla opening – 5 trending stories to read today
Dubai Taxi Corporation (DTC) a unit of the emirate’s transport authority, is set to initiate the city’s first privatisation effort of the year, aiming to raise approximately $300 million through a …
Citi appoints Maria Ivanova as Citi Country Officer for the UAE
Dubai – Citi announced the recent appointment of Maria Ivanova as Citi Country Officer (CCO) for the United Arab Emirates. Maria will also assume the role of the Senior Executive Officer for Citibank …
Infosys Finacle and Red Hat host roundtable discussion in Dubai to explore the need for re-composable banking solutions
Event focused on critical themes such as digital transformation, technological innovation, the future of banking, and evolving customer needs within the financial …
Dubai Financial Market Announces 109 Per Cent Rise In Nine-Month Net Profit
Dubai Financial Market (DFM) on Monday announced that its net profit increased by 109 per cent to Dh186.2 million for the period ended 30 September …
UAE’s new housing policy allows citizens to resell houses, transfer mortgage
Cabinet meeting chaired by Sheikh Mohammed announces UAE Government Annual Meetings, formation of Emirates Drug Establishment …
Dubai to host AI & Web3 Festival on 11-12 September
The ‘Dubai AI and Web3 Campus’ today announced the inaugural ‘Dubai AI & Web3 Festival’ organised by Dubai International Financial Centre (DIFC), …
Dubai Financial Market posts 109% rise in net profit for the first nine months of 2023
Image Credit: Shutterstock Dubai Financial Market (DFM) posted a 109 per cent jump in net profit to Dh186.2 million during the first nine months of 2023, driven by an evident increase in the number of …
COP28 in UAE: Map to fast-tracking energy transition unveiled to keep 1.5°C within reach
The COP28 Presidency, the International Renewable Energy Agency (IRENA), and the Global Renewables Alliance (GRA) have launched a joint report on fast-trac..
Dubai Taxi plans to raise $300mln from IPO next month – Report
Dubai Taxi Corporation, a unit of Dubai’s transport regulator, plans to raise nearly $300 million from a listing on the local bourse next month, Bloomberg reported, citing informed sources.
XRP Community Expects Ripple Labs To Announce IPO At Dubai Event
Ripple Swell is the flagship two-day event of the blockchain firm that centers on “discussions on topics that are most important to the finance industry today.” …
To triple renewable energy, the Global South needs finance
A renewable energy target will be debated at Cop28 but more finance is needed for the Global South outside China to meet that target …
UnaFinancial seeks $15m for its digital finance app in UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Wintershall Dea Q3 net profit plunges 86%, UAE project weighs
Most of the impairments came from higher costs at the UAE Ghasha, in which the company has a 10% stake, Chief Financial Officer Paul Smith told reporters. “Capital costs have gone up and that’s now …
4 Digital Banking apps for tech-savvy Gen Z in the UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
National Bank of Fujairah participates in new Aani payments platform
Dubai – The National Bank of Fujairah (NBF) has confirmed its participation in Aani, a cutting-edge instant payments platform launched this week by Al Etihad Payments, a subsidiary of the Central Bank …