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MEA Finance

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Kuwait Finance House achieved KD 101.2 million net profit until end of Q3 of 2020

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has reported net profit of KD 101.2 Million until end of Q3...

Trust more important than ever among Middle Eastern families for successful transfer of family businesses between generations

With around 25,000 high net worth individuals in Europe, Africa, Asia and the Middle East estimated to transfer US$15 trillion to the next generation...

Digital Transformation Grows FinTech Sector

For years, cash transactions were favored by consumers worldwide, as 75% of them conduct most of their transactions in cash. Physical payments were deemed...

Nasdaq Dubai welcomes listing of USD 600 million Sukuk by Islamic Corporation for the Development of the Private Sector

Nasdaq Dubai has welcomed the listing of a UDS 600 million Sukuk by the Islamic Corporation for the Development of the Private Sector (ICD),...

FAB fully digitises account opening process for UAE SMEs

First Abu Dhabi Bank (FAB) has become the first bank in the Middle East to fully digitise the account opening process for SMEs through...

Wealth management in the cloud

Crossing the chasm In Geoffrey Moore’s Crossing the Chasm, he breaks down the technology adoption cycle into five stages: innovators, early adopters, early majority, late...

Sustainable innovation and human happiness to drive post-COVID growth in Middle East cities

Research from HSBC shows that the largest cities across the Middle East, North Africa and Turkey (MENAT) will need to prioritise sustainable innovation, empower...

UAE national wins AED 1 million cash prize with Emirates Islamic’s Kunooz savings account

Emirates Islamic announced the lucky winners of its Kunooz Savings Account draw for September 2020. UAE national, Amal Dasmal won the AED 1 million cash...

Emirates NBD launches a global first customizable Visa Flexi Credit Card

Emirates NBD announced the launch of the Visa Flexi Credit Card, enabling cardholders to customize their credit cards with benefits of their choice. As a...

United Arab Bank and Mastercard announce strategic partnership to accelerate payments innovation in the UAE

United Arab Bank (UAB) and global payment technology provider Mastercard have announced a milestone agreement which sees Mastercard become the preferred and exclusive partner...

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