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Dubai Economy signs MoU with Empay to accelerate cashless licensing transactions

Dubai Economy has signed a memorandum of understanding with the Emirates Payment Services to enable payments relating to commercial licences through the Empay smart...

Dubai Islamic Economy Development Centre’s initiatives in 2020 open promising opportunities, boost Dubai’s position as Global Capital of Islamic Economy

Dubai Islamic Economy Development Centre (DIEDC) recently held its fourth and final board meeting for 2020, and approved the Centre’s work plan for 2021...

GFH Financial Group acquires Amazon designated logistics warehouses

GFH Financial Group (GFH) today announced the successful acquisition of high quality, income yielding, last mile warehouses located in south eastern Spain in a...

Abu Dhabi Islamic Bank launches #ADIBHereForYou personal finance campaign

Abu Dhabi Islamic Bank (ADIB) launched an initiative to boost personal finance education among its customers and the wider UAE. Entitled #ADIBHereForYou, the campaign is...

First Abu Dhabi Bank opens Jakarta office to support MENA-Indonesia trade and investment

First Abu Dhabi Bank (FAB) announced the expansion of its global network into Asia with the opening of a representative office in Jakarta, Indonesia. FAB...

Saxo Bank 2021 outrageous predictions: The Future is Now

Saxo Bank released its 10 Outrageous Predictions for 2021. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, could send...

Ministry of Finance launches ESR Portal

As part of its endeavour to simplify the process of submitting Economic Substance Regulations (ESR)’s reports and notifications, the Ministry of Finance (MoF) launched...

ADIB UK provides AED 216 million structured financing for B&Q let retail warehouses in Northern England

Abu Dhabi Islamic Bank (ADIB)-UK has provided structured financing of AED 216 million (£44.5 million) across three (B&Q) let retail warehouse assets to support...

FlexxPay and Al Salam Bank Bahrain sign cooperation agreement

FlexxPay, a social impact technology company with offices in Europe and the GCC, and Al Salam Bank, one of the largest financial institutions in...

FAB partners with Visa to launch virtual card payment solutions for corporates

First Abu Dhabi Bank (FAB) has partnered with Visa to launch a comprehensive suite of digital payment solutions for corporate clients. The launch unveiled a...

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