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Standard Chartered ‘Saadiq’ launches USD 100 million Islamic Financial Programme

Standard Chartered ‘Saadiq’ in collaboration with the Malaysian Halal Development Corporation, the launch of a USD 100 million Islamic financial programme dedicated to supporting...

Emirates NBD Group targets females, especially Emirati women by doubling maternity leave, along with significant expansion of bank-wide family leave policies

Emirates NBD aims to attract more women to its workforce, especially female UAE Nationals from the public sector by offering new, flexible work policies...

GFH acquires majority stake in the UAE’s leading multi-specialty healthcare provider

GFH Financial Group announced the acquisition of a 60% stake in the UAE’s leading provider of multi-specialty healthcare, Multi-Specialty Healthcare Partner Holding Ltd., in...

Emirates Development Bank, Dubai Industries & Exports sign strategic pact to boost industrial growth, exports

Emirates Development Bank, a key financial enabler of the country’s economic diversification and industrial transformation agenda, has signed a strategic agreement with Dubai Industries...

Percentage of UAE consumers favouring banks that put ‘purpose over profits’ higher than global average

Three quarters (75%) of global consumers are now more likely to use digital banking in the next few months than before the pandemic, according...

Digitization will change Wealth Management: How will you keep pace?

The global wealth management market is expected to grow at a CAGR of 9% from 2021 to 2025. Wealth management firms are still recovering...

Emirates Islamic successfully closes US$ 500 million Sukuk issuance

Emirates Islamic announced that it has successfully closed a US$ 500 million 5-year Sukuk issued from its US$ 2.5 billion Certificate Issuance Programme. The landmark...

Bank Alfalah & LuLu Exchange enhance cross-border payment experience to Pakistan through the RippleNet platform

In a major boost to the Pakistan payments corridor, LuLu Exchange - a financial services provider based in the United Arab Emirates (UAE) has...

Backbase partners with Microsoft to re-architect banking around the customer

Backbase, the global Engagement Banking Platform provider, announced its global collaboration with Microsoft to help financial institutions move into the Engagement Banking Era with...

Mastercard Priceless Planet Coalition welcomes HSBC UAE Air Miles initiative to empower consumers to take collective action on climate change

In the past year, consumer passion and individual attitudes towards the environment have seen a sharp rise. In the Middle East, 9 in 10...

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