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HSBC facilitates global steel industry first with blockchain trade finance deal between UAE and India

HSBC has successfully executed a blockchain-enabled, live trade finance transaction between the UAE’s Universal Tubes & Plastic Industries Ltd. and India’s Tata Steel Ltd....

Bank of Abyssinia taps into Path Solutions to achieve Sharia compliance and operational efficiency

Path Solutions announced the signing of a new partnership agreement with Bank of Abyssinia, one of the leading banks in Ethiopia serving more than 4.6 Million...

Liv. launches UAE’s most flexible credit card

Liv., the digital only lifestyle bank by Emirates NBD, is expanding its millennial-friendly proposition with the launch of a unique credit card programme. The...

Hybrid wealth management: best of both worlds or wishful thinking?

Since March last year, we have seen banks triple their revenue through online channels. That’s great, but what we aren’t seeing with these stats...

Dubai Islamic Bank successfully closes lowest-ever pricing on an AT1 issuance from the GCC

Dubai Islamic Bank successfully priced a landmark USD 500 million Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 3.375% per...

Emirates NBD’s ‘Get Together. Go Contactless’ campaign rewards customers for adopting touch free payments

Emirates NBD is offering customers the opportunity to win prizes of four luxury BMW 520i cars, 50 75” TVs and 200 iPhone 12s when...

Abu Dhabi Islamic Bank postpones instalments on personal financing during Ramadan

Abu Dhabi Islamic Bank (ADIB) announced today it would be postponing one monthly instalment for its eligible  personal finance customers at no fees or...

First Abu Dhabi Bank’s Magnati launches end-to-end subscription-based ‘Business in a Box’ solutions for in-store and online SMEs

Magnati, a fully owned subsidiary of First Abu Dhabi Bank (FAB), has launched its ‘Business in a Box’ solution to help small and medium...

Julius Baer’s Global Wealth and Lifestyle Report 2021 reveals that conscious consumption movement is taking off

In a wide-ranging index, Julius Baer tracks prices and consumer behaviour around the world to gauge the price inflation of a basket of goods...

ADIB adopts IBM hybrid cloud solutions to accelerate digital transformation strategy

Abu Dhabi Islamic Bank (ADIB)announced its collaboration with IBM to accelerate its transition to become a modern, digitally-led Islamic bank, using IBM hybrid cloud solutions...

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