Banking & Finance

Abu Dhabi Islamic Bank (ADIB) announced the appointment of Mohamed Abdel Bary as Group Chief Financial Officer.

Abu Dhabi Islamic Bank (ADIB) announces the appointment of Mohamed Abdel Bary as Group Chief Financial Officer. Mohamed Abdel Bary joins ADIB from Standard Chartered...

SEDCO Capital achieves 30% IRR from office property sale in Germany

SEDCO Capital, a global Shariah compliant asset manager, has successfully exited German-based ABC West, a multi-let office property, realizing an Internal Rate of Return...

EFG Hermes kicked off today its first Virtual Investor Conference

EFG Hermes kicked off today its first Virtual Investor Conference. Over the course of six days between 22-30 June, executives from 72 companies representing...

Global payment solution provider Checkout.com triples valuation to $5.5 billion in Series B funding round

Global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a $150m Series B funding round, tripling...

ADIB partners with Etisalat to launch new ADIB Smiles covered cards

Abu Dhabi Islamic Bank (ADIB) has partnered with Etisalat to launch four new covered cards. The ADIB Smiles cards, which include Signature, Platinum, Gold...

GFH Financial Group ratings reaffirmed by Fitch Ratings

GFH Financial Group (GFH) announced today that Fitch Ratings, the international credit rating agency, has reaffirmed the Group’s rating Long-and Short-Term Issuer Default Rating...

ADIB relieves pressure on customers by extending payment holidays on finance programs

Abu Dhabi Islamic Bank (ADIB) is introducing an extension of its relief measures to help customers deal with the unprecedented challenges brought by the...

Ministry of Finance announces successful implementation of Procure-to-Pay

The Ministry of Finance (MoF) announced the successful implementation of Procure-to-Pay (P2P), which facilitates the procurement process and e-approval of purchase orders and requests...

VISA has launched its regional “Where You Shop Matters’ initiative to support small businesses in the UAE

Visa has launched its regional “Where You Shop Matters’ initiative that aims to champion and enable entrepreneurs while encouraging consumers to support small businesses...

Mashreq customers are now being served by the region’s first digital engagement banking bot provided by Avaya

Customers of Mashreq are now being served by the region’s first digital engagement banking bot, giving them access to powerful self-service capabilities that result...

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