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Investcorp closes oversubscribed Mount Row (Levered) credit fund at €318 million

Investcorp, a global provider and manager of alternative investment products, today announced that its Credit Management business held the final close of the Mount...

Ingram Micro signs distribution agreement with Red Hat to provide enterprises with products and solutions across the MENA region

Ingram Micro, a global technology and supply chain services provider, today announced the signing of a distribution agreement with Red Hat, Inc., the world's...

ADIB statement following the resignation of CEO, Mazin Manna

The Board of Directors of Abu Dhabi Islamic Bank (ADIB) has accepted the resignation of Mr. Mazin Manna from his position as Group Chief...

Automobili Lamborghini and the LEGO Group recreate the Lamborghini Sián FKP 37 in LEGO Technic

Automobili Lamborghini and the LEGO Group have partnered to produce the LEGO® Technic™ Lamborghini Sián FKP 37: a 3,696 piece, 1:8 scale model that...

Sharjah Islamic Bank and SCCI hold virtual meeting to discuss banking sector trends to face the current challenges

The Sharjah Chamber of Commerce & Industry, SCCI, and Sharjah Islamic Bank (SIB) recently held a virtual joint meeting to discuss the latest developments...

Ajman Pay digital services used by Ajman Police to link their payment transactions

Ajman Police announced linking their digital services with the Ajman Finance Department's smart digital payment platform "Ajman Pay" as a new milestone in digital...

Ministry of Finance announces three new decisions for federal entities in the UAE

The Ministry of Finance (MoF) issued three new decisions for federal entities across the UAE, as part of its remit to revise and reduce...

86% of GCC residents intend to travel internationally post Covid-19

As countries start to come out of lockdown and slowly lift their restrictions, GCC travellers are planning future trips and gearing up for travel....

PayPal quarterly payments jump 85% in three years to hit 3.2 billion in March 2020

Smart devices and a booming global eCommerce market have driven the rapid adoption of digital payments worldwide. Digital payments have changed the payment industry...

Standard Chartered Bank contribute to Ma’an’s ‘TOGETHER WE ARE GOOD’ programme

Standard Chartered Bank has generously contributed 15,000 specialist N95 protective masks to the Authority of Social Contribution – Ma’an’s ‘Together We Are Good’ programme. Joining...

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