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Emirates Development Bank and Emirates Islamic to collaborate on credit guarantee scheme supporting SMEs in the UAE

Emirates Development Bank (EDB) and Emirates Islamic have announced the signing of a Memorandum of Understanding (MoU) to collaborate on a joint credit guarantee...

Citi appoints new CEO of Citibank, N.A. UAE Onshore Branch

Citi announced the appointment of Shamsa Al-Falasi as Chief Executive Officer of Citibank, N.A. UAE Onshore Branch, in the United Arab Emirates (UAE), subject...

Jordan Ahli Bank becomes first in the Middle East to integrate AI to customer service with “ahliGPT”

Jordan Ahli Bank launched its new artificial intelligence (AI) system "ahliGPT", becoming the first bank in the Middle East to embrace AI in its...

Growing in Values

The global value of the Islamic banking sector has been projected to reach $3.8 trillion in this year. What do you think is fuelling...

Standard Chartered and IFC renew commitment to boost global trade by up to USD6 billion

Standard Chartered and the IFC announced the signing of a USD700 million investment in IFC’s Global Trade Liquidity Programme (GTLP) to support global trade...

Fitch affirms Emirates Development Bank at ‘AA-‘

Fitch Ratings has affirmed its 'AA-' Long-Term Issuer Rating (IDR) for Emirates Development Bank ('EDB' or 'the Bank') with a stable outlook. The agency maintained...

Opportunity of Land

Tell us about Walton International’s business and why you opened offices in the UAE?   Walton announced the opening of our first Middle East office in...

The Progress of Payments Processing

What are the key components in collectively improving the cross-border payments experience for customers? In 2020, the G20 made improving the cross-border movement of...

The Why and How of Recomposed Banking

The banking sector has been changing rapidly for years. But never before has it experienced so much change along so many dimensions at such...

A Positive Outlook

The global value of the Islamic banking sector has been projected to reach $3.8 trillion in this year. What do you think is fuelling...

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