Banking & Finance

ADX: Al Ramz Capital has executed the 1st Covered Short Selling and SLB facility

Abu Dhabi Securities Exchange (ADX) announced that Al Ramz Capital has executed the first Covered Short Selling (CSS) using the Stock Lending and Borrowing...

payit digital wallet by First Abu Dhabi Bank (FAB) launches Digital Marketplace to support retailers, SMEs and local businesses in moving online

payit digital wallet, powered by First Abu Dhabi Bank (FAB)has launched “Digital Marketplace”, which allows small and medium businesses to list and sell their...

Striding purposefully ahead despite the headwinds

Please give some insight into your latest quarterly results announcement. What factors do you think have been key in shaping the results? Our result were...

NCB and SAMBA enter binding agreement creating a new Saudi banking champion

The National Commercial Bank (NCB) and Samba Financial Group (Samba) announced that they have entered into a binding agreement to merge ("The Merger Agreement")....

Lessons from the pandemic: how the digitisation of the SME sector was an essential step for the industry’s growth-journey

The digital transformation is rapidly accelerating as a result of the COVID-19 pandemic, advancing in terms of consumer and business digital usage by up...

The trends shaping the future of the financial sector in the GCC

We have noticed several trends across the GCC banking sector. Which trends do you see shaping the future of the financial services industry for...

Mashreq names new Group Head of Compliance and MLRO

Mashreq has appointed Scott Ramsay as its new Group Head of Compliance & Bank money laundering reporting officer (MLRO). In this role as a part...

Emirates NBD launches digital Supply Chain Financing platform

As part of its ongoing digitisation strategy, Emirates NBD Corporate & Institutional Banking has launched a digital Supply Chain Financing platform for its corporate...

Standard Chartered’s global $1 billion COVID-19 commitment will include multi-million-dollar support for healthcare in the Middle East

Standard Chartered’s global $1 billion commitment in the fight against COVID-19 will include support to healthcare throughout the United Arab Emirates.   The bank’s support...

Mashreq and noon.com announce strategic partnership to redefine online shopping for UAE customers

Mashreq and noon.com have announced a long-term strategic partnership to redefine the digital payments experience for UAE consumers. Aligned with the UAE Vision 2021,...

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