Banking & Finance

FAB launches FAB eSign technology for secure digital signatures on client documents

First Abu Dhabi Bank (FAB) has launched FAB eSign, a new portal that provides a secure, safe and legally valid way for clients to...

Standard Chartered acts as Senior Mandated Lead Arranger for the acquisition financing facility for ADNOC

Abu Dhabi National Oil Company announced that a consortium of leading international investors (Global Infrastructure Partners, Brookfield, GIC, Ontario Teachers' Pension Plan Board, Snam...

Warba Bank digitizes online banking and enhances customer experience with Nutanix

Nutanix today announced that Kuwait’s Warba Bank has digitally transformed its financial services and mobile banking using the power of Nutanix’s hyper-converged infrastructure platform. Warba...

Visa, Dubai Police & Dubai Economy survey says UAE consumers go cashless as trust in digital payments surges amid COVID-19

Dubai Police, Dubai Economy, and digital payment provider Visa released findings of a survey on the impact of COVID-19 pandemic on payment behavior of...

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...

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