The virtual session covered issues related to macroeconomic trends and policies, cyber-financial cooperation, and opportunities for bilateral cooperation
The issuance is the first dirham-denominated bond by a bank since the creation of a medium-term yield curve by the Ministry of Finance
The inaugural summit will take place from January 23-25 at The Museum of the Future
The app maintains user confidentiality and privacy, while aiming to build and sustain trust in the emirate’s financial and economic systems
The bank is tracking the development of banks and fintechs to ensure their readiness to launch open banking services in Q1 2023
In addition to banking services, Wio Bank will provide experts and mentors to support startups in Flat6Labs Ignite’s programme
Once provisioned, customers can make quick and easy payments with the tap of their wristwatch and instantly view their transaction history in the app
AECB provides credit reports by collecting and analysing data on the credit histories of individuals and businesses, including cheque issuances and clearances and utility payments
Akshay Sardana, VP of Strategy and International Development at The Continental Group, offers insights on these trends
The streamlining and automating of revenue collection will help government entities to better plan and forecast as well as focus on their core business and services
The guidelines will support licensed financial institutions effectively implement their statutory obligations related to anti-money laundering and combatting the financing of terrorism
The UAE has accelerated its growth this year with key strategies, strong initiatives and a future-first approach
Phoenix Group is listed on the Tel Aviv stock exchange, with a market value of $2.85bn
The Japanese firm has received in-principle approvals from the Monetary Authority of Singapore and Dubai Financial Services Authority to set up a branch in the Middle East
Remittances to the developing countries of the MENA region are estimated to have grown 2.5 per cent in 2022 to $63bn, compared to a 10.5 per cent growth last year
The CBUAE is the first in the region to issue the largest multi-coloured Kinegram surface applied foil stripe in the new banknote issue
Emirates NBD Pay will offer card acceptance solutions to the bank’s existing and potential institutional banking clients in the UAE
The establishment of digital asset and virtual asset regulatory frameworks has placed Abu Dhabi, on the map as a regional and global virtual assets trading centre
The new programme will support and encourage UAE citizens with various specialisations to enter into the financial and accounting sectors
The company’s virtual and physical cards combined with its software allow businesses to manage their spending in a more automated and transparent way
The developed indices provide various market participants with investable and tradeable benchmarks for the DFM equity market
The partnerships with ADIB and RAKBANK will focus on providing ADGM-registered and licensed businesses with preferential banking services
First Abu Dhabi Bank has structured green financing for the development of renewable energy projects, the construction of energy efficient buildings and infrastructure development for sustainable water management
Continued momentum in direct and indirect acquisitions were the main drivers behind the growth rate over the previous year’s quarter, with IHC’s total assets increasing to Dhs198.8bn
While securing a bank loan that suits individual needs can be time-consuming and often unsuccessful, banking as a service may be the solution
Investing in green stocks can be a great way to protect your portfolio from market volatility
Here are key tips to help you make the decision
The funding round was led by US-based growth equity fund Affinity Partners, with new funding from KCK, Acacia Partners
BitOasis customers will be able to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90 million global locations using their BitOasis Mastercard Crypto Card
The partnership aims to deploy at least $1bn of long-term capital, providing bespoke credit solutions to companies and sponsors