Banking & Finance

Ajman Bank launches real estate subsidiary Skyrise Properties

The new company is set to complement the bank’s core business offerings, with a range of services including property management

Emirates Islamic launches QuickRemit money transfer to UK

The bank’s customers can conduct QuickRemit transfers to any Lloyds Bank account in the UK in less than 60 seconds

Alrajhi Bank, American Express Saudi Arabia partner to expand ATM access

The two entities recently entered into an agreement allowing Alrajhi Bank’s POS network to accept payments made using American Express cards

ADIB-Egypt unveils Shariah-compliant private banking for HNWIs

The personalised proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards

MBank signs MoU with Real Estate Regulatory Agency

The purpose of Escrow account services provided by Mbank is to regulate, enhance, and provide confidence to buyers in real estate

Gulf International Bank raises SAR 1.5 billion from debut Tier 2 Sukuk

The bank’s Sukuk programme is aligned with its strategic objectives to facilitate balance sheet growth

Bank Nizwa signs $90 million sustainable finance deal with Oman’s RDAC

The integrated workforce accommodation facility provides premium living standards to workers of all segments

ADIB, Aldar Properties close AED 1 billion sustainability-linked financing deal

The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the UAE Net Zero by 2050 strategic initiative

Profile Centevo completes transition to independent solution and AWS

The asset management software provider is among the pioneers integrating Amazon RDS for Db2 into its Centevo Suite on the AWS cloud

Dubai Islamic Bank unveils sustainable home finance ‘Nest’

The sustainable home finance’s benefits include discounts on home finance rates, discounts on due diligence and documentation fees

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