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MEA Finance

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Naukrigulf launches bouquet of free services for jobseekers under the Step-Up initiative amidst COVID-19 crisis

As the global COVID-19 pandemic continues to spread, much of the world’s population remains in lockdown, subject to stringent stay-at-home orders. Welcoming the new...

Investcorp and Tages Merge Absolute Return Businesses to Create Investcorp-Tages Limited

Investcorp, a global provider and manager of alternative investment products, and Tages Group (“Tages”), a European alternative asset management firm, today announced that they...

DMT and its affiliated Provides Easy Payment Plan to Settle Service Charges in Installments Through 4 Banks

The Department of Municipalities and Transport in Abu Dhabi signed agreements with 4 banks to provide "easy payment plan" service, enabling credit card holders...

Abu Dhabi Islamic Bank reports Q1 2020 net profit of AED 269.7 million

Abu Dhabi Islamic Bank (ADIB), a leading Islamic bank in the region, reported a net profit of AED 269.7 million for Q1 2020.  Profits...

The Great Migration: Adapting to digital-living post-COVID-19

At the beginning of the year, it would have been difficult to imagine that only a few short months later the world would be...

Meeting the global demand

Shari’ah-compliant wealth management is experiencing a period of growth with high penetration levels in the GCC. Given our longstanding presence in the market and discussions...

FAB and Etisalat Digital launch fully contactless digital invoicing solution for SME merchants

First Abu Dhabi Bank (FAB) has partnered with Etisalat Digital to launch a digital invoicing solution that caters to the SME merchant base in...

Bank ABC Group announces a US$10 million fund for COVID-19 pandemic relief

Bank ABC announced the establishment of US$10 million fund to support the fight against the novel coronavirus (COVID-19) pandemic. Responding to its social responsibilities...

Yemen’s KIB Selects Temenos to Accelerate Adoption of Digital Banking Services and Promote Social and Economic Progress

Temenos , a banking software company, today announced that Yemen-based, Al Kuraimi Islamic Bank (KIB), has selected Temenos Infinity and Temenos Transact to replace...

Mastercard Study Shows Consumers in the UAE Make the Move to Contactless Payments for Everyday Purchases, Seeking Touch-Free Payment Experiences

During March 2020, as many countries in the Middle East imposed necessary restrictions on social distancing, a significant majority of consumers turned to contactless...

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