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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...

First Abu Dhabi Bank’s Magnati launches end-to-end subscription-based ‘Business in a Box’ solutions for in-store and online SMEs

Magnati, a fully owned subsidiary of First Abu Dhabi Bank (FAB), has launched its ‘Business in a Box’ solution to help small and medium...

The Role of Start-ups in Economic Recovery and Growth

As the world continues to recover from the impact of the pandemic, the potential for start-ups to stimulate and accelerate economic recovery takes centre...

Julius Baer’s Global Wealth and Lifestyle Report 2021 reveals that conscious consumption movement is taking off

In a wide-ranging index, Julius Baer tracks prices and consumer behaviour around the world to gauge the price inflation of a basket of goods...

ADIB adopts IBM hybrid cloud solutions to accelerate digital transformation strategy

Abu Dhabi Islamic Bank (ADIB)announced its collaboration with IBM to accelerate its transition to become a modern, digitally-led Islamic bank, using IBM hybrid cloud solutions...

Commercial Bank of Dubai signs an agreement with Gargash Car Rental to provide Asset Backed Lending finance

Commercial Bank of Dubai has signed an agreement with Gargash Group to provide structured medium-term Asset Backed Lending finance worth AED 150M to Gargash...

Expert insights: Reinventing banking

In a special report, Branches and Payments, MEA Finance and Avaya concluded that contrary to the popular belief that the days of the bank...

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