Banking & Finance

SWIFT announces a new strategy for instant, frictionless payments and securities processing

SWIFT today announces that over the next two years and beyond it will fundamentally transform payments and securities processing, retooling cross-border infrastructure as part...

Memorandum of Understanding signed with ADIB and Israel’s Bank Leumi

Abu Dhabi Islamic Bank (ADIB) has signed a Memorandum of Understanding (MoU) with Bank Leumi, one of Israel’s largest banking corporations, to explore areas...

Third generation e-Dirham system launched by Ministry of Finance

The Ministry of Finance (MoF) launched the Third Generation e-Dirham cards (e-Dirham G3), in cooperation with new government entities and national banks across the...

RAKBANK partners with Dubai SME to support growth and expansion of 500 start-ups

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has provided a range of competitive financing...

Emirates NBD signs MoU with Israel’s Bank Hapoalim

Emirates NBD has signed a Memorandum of Understanding with Bank Hapoalim, one of Israel's largest banks, according to Dubai Media Office. The MoU was formalised...

Deutsche Bank appoints LoĂŻc Voide and Kees Hoving as Co-CEOs for the Middle East and Africa

Deutsche Bank today announced the appointment of LoĂŻc Voide and Kees Hoving as Co-Chief Executive Officers (Co-CEOs) in the Middle East and Africa (MEA)...

DIFC Courts and Dubai FDI partnership to boost investor confidence in Dubai

The Dubai International Financial Centre (DIFC) Courts has signed a cooperation agreement with The Dubai Investment Development Agency (Dubai FDI), an agency of the...

ADIB partners with Ministry of Finance to offer NextGen eDirham cards

Abu Dhabi Islamic Bank (ADIB) announced it has partnered with the UAE’s Ministry of Finance (MoF) to offer the new range of eDirham cards. eDirham...

Central Bank UAE stresses importance of adopting effective regulatory policies to mitigate economic implications of COVID-19

Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the United Arab Emirates (CBUAE), chaired the virtual meeting of the 44th Regular Session...

Listing on Premier Market continues Boursa Kuwait’s series of milestones

Underscoring its pivotal role in the growth and development of Kuwait’s capital markets, Boursa Kuwait announced that it will list its shares on the...

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