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Commercial Bank of Dubai signs an agreement with Gargash Car Rental to provide Asset Backed Lending finance

Commercial Bank of Dubai has signed an agreement with Gargash Group to provide structured medium-term Asset Backed Lending finance worth AED 150M to Gargash...

Expert insights: Reinventing banking

In a special report, Branches and Payments, MEA Finance and Avaya concluded that contrary to the popular belief that the days of the bank...

KPMG in Saudi Arabia converts from partnership to joint stock company

KPMG, the leading provider of audit, tax and advisory services in Saudi Arabia, announced that it had obtained official approval from the Saudi Ministry...

How to attract and retain female talent in a male-dominated industry

The global pandemic has forced us to look at our workforces in a new light and to consider how to make them more future-proof,...

GFH Financial Group shareholders approve US$42 million dividend in cash and bonus shares

GFH Financial Group (GFH) today announced the successful conclusion of its Annual (AGM) and Extraordinary General Meeting (EGM), held virtually, for the financial year...

Nasdaq Dubai welcomes listing of USD 2.5 billion Sustainability Sukuk by Islamic Development Bank

Nasdaq Dubai welcomed the listing of a 2.5 billion US dollar Sustainability Sukuk by Islamic Development Bank (IsDB), the multilateral lender which finances development...

Numerous opportunities for investment in GCC healthcare, as sector rebounds from COVID-19 according to Mashreq report

Industry analysis from Mashreq and the research firm Frost & Sullivan, has forecast strong growth in the GCC healthcare sector, driven by a surge...

Emirates NBD reports steep increase in contactless payments

As consumers and merchants have increasingly preferred to use touch-free technologies to stay safe during the COVID-19 outbreak, Emirates NBD reports that contactless payments...

Ministry of Finance launches the updated e-refund system for service fees and transactions for federal entities

As part of its ongoing efforts to improve the quality and speed of services and enhance customer satisfaction, the Ministry of Finance (MoF) launched...

Abu Dhabi Islamic Bank (ADIB) strengthens its fraud detection capabilities with enhanced AI Driven Fraud Detection from SAS

SAS announced a recent partnership with Abu Dhabi Islamic Bank (ADIB) to enhance and improve its fraud detection and investigation capabilities. Under the terms of...

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