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Nasdaq Dubai welcomes listing of USD 500 million Sukuk by Dubai Islamic Bank

Nasdaq Dubai welcomes the listing of a 500 million US dollar perpetual Additional Tier 1 Sukuk, issued by the Dubai Islamic Bank (DIB), the...

HSBC facilitates global steel industry first with blockchain trade finance deal between UAE and India

HSBC has successfully executed a blockchain-enabled, live trade finance transaction between the UAE’s Universal Tubes & Plastic Industries Ltd. and India’s Tata Steel Ltd....

Bank of Abyssinia taps into Path Solutions to achieve Sharia compliance and operational efficiency

Path Solutions announced the signing of a new partnership agreement with Bank of Abyssinia, one of the leading banks in Ethiopia serving more than 4.6 Million...

Liv. launches UAE’s most flexible credit card

Liv., the digital only lifestyle bank by Emirates NBD, is expanding its millennial-friendly proposition with the launch of a unique credit card programme. The...

Hybrid wealth management: best of both worlds or wishful thinking?

Since March last year, we have seen banks triple their revenue through online channels. That’s great, but what we aren’t seeing with these stats...

HSBC Bank Middle East Ltd appoints Samir Assaf as Chairman

Samir Assaf has been appointed Chairman of the Boards of HSBC Bank Middle East Limited (HBME) and the HSBC Group’s Principal Regional Subsidiary, HSBC...

Dubai Islamic Bank successfully closes lowest-ever pricing on an AT1 issuance from the GCC

Dubai Islamic Bank successfully priced a landmark USD 500 million Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 3.375% per...

Dubai Financial Services Authority and the Bank of Italy signed a Memorandum of Understanding (MoU)

The Dubai Financial Services Authority and the Bank of Italy signed a Memorandum of Understanding (MoU) to facilitate continued cooperation in the area of...

Emirates NBD’s ‘Get Together. Go Contactless’ campaign rewards customers for adopting touch free payments

Emirates NBD is offering customers the opportunity to win prizes of four luxury BMW 520i cars, 50 75” TVs and 200 iPhone 12s when...

Abu Dhabi Islamic Bank postpones instalments on personal financing during Ramadan

Abu Dhabi Islamic Bank (ADIB) announced today it would be postponing one monthly instalment for its eligible  personal finance customers at no fees or...

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