Propelled by a vibrant Islamic banking sector, global Islamic finance assets are forecast to reach $3.69 trillion by 2024, according to 2020 Islamic Finance Development Report.
The report, …
New law to unify Dubai govt’s procurement processes
The new law — which will be effective from January 1, 2021 — aims to create a framework and set standards for regulating procurement …
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Executive Search Firm ZRG Expands Into UAE with Addition of Managing Director Tim Rotherham,
(GLOBE NEWSWIRE) — ZRG, the fastest-growing global executive search firm, today announced that it has hired Tim Rotherham as Managing Director and member of the firm’s Financial Services and Private …
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Bahrain, UAE Deep-Rooted Economic Cooperation to Continue
Finance and National Economy Minister, Shaikh Salman bin Khalifa Al Khalifa, has affirmed the continuity of the financial and economic cooperation betwe …
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Why Gulf Finance House’s stock is suddenly turning active
This week DFM closed higher by 5.26 per cent while ADX was in the black by 2.91 per cent. The top gainers this week are Damac Properties (21 per cent), Finance House (20 per cent), Emaar Properties …
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Customer experience rules are changing. Is the UAE adapting?
Does today’s need for digital transformation mean companies can relax or delay their focus on the customer experience (CX) until their teams and systems are in place? 80% of fin …
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First Abu Dhabi Bank: Strength in adversity
FAB’s status as a national champion means it is even better positioned after Covid-19 to facilitate regional growth.
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Emirates Islamic Becomes First Islamic Bank in UAE To Launch Its Award-Winning Mobile App on the Huawei Appgallery
HUAWEI AppGallery is the third largest mobile app marketplace globally. This new partnership with Emirates Islamic will enable the bank’s customers to access their accounts and cards from the …
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Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released on Wednesday. The report has been compiled by Refinitiv and the …
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UAE has best credit rating in region: Sheikh Mohammed
President and Prime Minister of the UAE and Ruler of Dubai, welcomed the AA2 rating of the federal government by the international rating agency Moody’s, declaring it as the highest sovereign rating …
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Moody’s assigns top rating to UAE with stable outlook for national economy
Sheikh Hamdan noted that this rating has proved beyond any doubt the solid foundations of the nation’s public finances.
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UAE stocks gain Dh6.5 billion in market value
UAE financial markets on Tuesday posted gains of around Dh6.5 billion in market cap driven by the realty and banking blue chips.
UAE banking sector outlook stable despite asset quality pressures: Fitch
UAE’s banking sector outlook remains strong with stable outlook supported by the stable outlook on the UAE and Abu Dhabi sovereign ratings, rating agency Fitch said. Among the Fitch rated banks, the …
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United Arab Emirates says a Chinese coronavirus vaccine appears 86% effective
The UAE, home to Dubai and Abu Dhabi, conducted a trial beginning in September of the vaccine by Chinese state-owned pharmaceutical giant Sinopharm …
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UAE get the top sovereign credit rating in the region
The UAE government received an Aa2 rating in creditworthiness – which is the highest sovereign rating in the region – with a stable outlook for the national economy by the international rating agency, …
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Emirates Islamic launches digital banking platform
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform, to help businesses in the UAE manage all their …
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Moody’s affirms UAE credit rating, making it regional leader: Sheikh Mohammed
The nation’s creditworthiness rating remains at Aa2, making it the highest-rated Gulf country following the announcement in September that Kuwait would be downgraded from Aa2 to A1. Sheikh Mohammed …
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