Banking & Finance

Maktoum bin Mohammed engages with global policy makers and financial industry leaders at the second Dubai FinTech Summit

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the...

Kuwait’s NBK sells alternative investments business to Janus Henderson

Janus Henderson plans to launch several emerging markets-focused alternative strategies in the second half of 2024

Bank of Sharjah reports net profit of AED80 million in Q1 2024

The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness

First Abu Dhabi Bank posts 6% rise in Q1 profit to AED 4.2 billion

The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio

ADQ lists debut $2.5 billion bonds on London Stock Exchange

The fund sold a $1.25 billion five-year portion at 80 basis points over US Treasuries and another $1.25 billion 10-year tranche at 90 bps over the same benchmark

Magnati and ADNOC Distribution partner to deliver enhanced payment experience

Magnati has partnered with ADNOC Distribution, the UAE's largest fuel and convenience store retailer, to introduce consumers to the future of retail with an...

Visa instalment solution now live for ADIB cardholders

Visa said last October that it is working with local issuers and acquirers in the UAE

EFG Hermes ONE secures FRA approval to operate digital onboarding eKYC

The cutting-edge solution is a pivotal component of EFG Hermes ONE’s mission to promote financial inclusion in Egypt

Bank of Sharjah acts as Joint Lead Manager and Bookrunner in a US$ 300 Million Sukuk for Kuwait International Bank

Bank of Sharjah, one of the leading commercial banks in the UAE, reaffirms its commitment to expanding its presence in local, regional and international...

DIFC delivers record 23 per cent YoY growth in underwriting volumes reaching an annual USD 2.6bn in gross written premiums

Dubai International Financial Centre (DIFC) has consolidated its position as the principal hub for the (re)insurance industry, with the highest gross written premiums (GWP)...

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