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ADIB provides £27 million Shari’a-compliant financing to Blacksand Company B.S.C for prime Glasgow logistics asset

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, has provided a £27 million (AED 133 million), five-year Shari’a-compliant financing facility to Blacksand Company...

How tokenisation could reshape asset management

As blockchain infrastructure matures, benefits such as faster settlement, greater collateral mobility and lower operational friction could eventually see tokenised fund structures challenge traditional...

DIB makes homeownership more accessible with off-plan home finance solutions

DIB, the global Islamic financial group and Islamic bank in the UAE, has launched a new Off-Plan Home Finance proposition designed to support customers...

Fintech Galaxy receives in-principle approval from the Central Bank of the UAE to power the next era of open finance

Fintech Galaxy is proud to announce that it has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) to...

SNB Group launches the first World Legend Mastercard in the Middle East and North Africa region

SNB Group, in collaboration with Mastercard, announced the launch of the SNB World Legend Mastercard, becoming the first financial institution in the Middle East...

Tax Star raises $1.75m seed round to scale as a pre-approved accredited service provider for UAE e-invoicing

Tax Star, the UAE's AI-powered corporate tax software platform, announced it has closed a $1.75 million seed funding round. The raise comes as Tax...

Al Ansari Exchange and Dubai Municipality mark decade-long partnership as annual collections rise 710%

Al Ansari Exchange, the UAE remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, and Dubai Municipality are celebrating...

Ministry of Finance partners with DIFC to develop the next generation of financial leaders and advisers

As part of its continued efforts to develop highly qualified national talent and reinforce the UAE’s position in financial excellence and leadership at both...

CBD becomes first UAE bank to enable cross-bank payments through its mobile app

Commercial Bank of Dubai (CBD) has become the first bank in the UAE to enable customers to initiate payments from accounts held with other...

BACB announces Damian Austin as new Chief Executive

British Arab Commercial Bank, the London-headquartered trade finance bank for specialist markets, has named experienced banker Damian Austin its new Chief Executive Officer. Austin, who...

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