Editors pick

Mashreq introduces Electronic Facial Recognition based onboarding for large corporate clients

In another first, Mashreq introduced Electronic Facial Recognition (EFR) for wholesale banking clients, allowing large corporate banking clients to open bank accounts without wet...

Checkout.com launches Intelligent Acceptance, an AI-powered optimization engine that boosts acceptance rates and increases merchant revenue

Checkout.com launches Intelligent Acceptance, its latest product to help merchants optimise acceptance rates and grow revenues. Intelligent Acceptance is an AI-powered optimization engine, trained on billions...

ADGM implements its sustainable finance regulatory framework

Abu Dhabi Global Market (ADGM) announces the implementation of its sustainable finance regulatory framework with immediate effect, following significant support received through public consultation,...

UAE’s financial advisory market volume is forecasted to exceed AED 875 billion in 2023

After the UAE’s ultra-high-net-worth individuals (UHNWI) population increased by 18% in 2022, Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., cites that...

Moamalat Financial Services and Arab Financial Services (AFS) partners for the Development of the Libyan Electronic Payment Ecosystem

Arab Financial Services (AFS) and Moamalat Financial Services Co.  announces the signing of a Memorandum of Understanding (MoU) to enter into a strategic partnership...

FAB and WiFB launch ‘Leadership and Innovation in the Family Enterprise’ series

First Abu Dhabi Bank (FAB) has partnered with Women in Family Business (WiFB), a global content platform that empowers women to share their expertise...

Emirates Development Bank launches UAE’s First-of-its-Kind AgriTech Loans Program; reveals AED 100 million financing support for the UAE’s food security sector

In a groundbreaking initiative, EDB is set to allocate a substantial AED 100 million in financing support for the country's vital food security sector....

The IILM receives sustained demand for its USD 1.2 billion short-term Sukuk reissuance

The International Islamic Liquidity Management Corporation (IILM), an international organisation that develops and issues short-term Shari’ah-compliant financial instruments, has successfully reissued a total of...

Mastercard becomes Aafaq Islamic Finance’s exclusive partner for credit, prepaid and commercial SME products

Aafaq Islamic Finance (Aafaq) has chosen Mastercard as the exclusive strategic partner for its credit, prepaid and commercial SME offerings. The agreement was formalized...

DIFC Innovation Hub partners with Dubai Islamic Bank to launch 7th edition of AccelerateHER

Dubai Islamic Bank (DIB) and Dubai International Financial Centre, (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA)...

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