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SEDCO Capital announces completion of acquisition of iconic 1899 Pennsylvania Avenue property in Washington, DC

SEDCO Capital, a global Shariah-compliant multi-asset manager, announced the completion of its acquisition of 1899 Pennsylvania Avenue in Washington DC, alongside its transaction partners...

FAB issues CEEMEA’s lowest ever yielding public GBP issuance

First Abu Dhabi Bank (FAB) has achieved the lowest-ever yield and coupon on any public GBP-denominated bond issued in CEEMEA, having priced a GBP...

The Central Bank of the UAE (CBUAE) imposed financial sanctions on 11 banks operating in the UAE

The Central Bank of the UAE (CBUAE) imposed financial sanctions on 11 banks operating in the UAE, pursuant to Article 14 of the Federal...

SHUAA Capital well placed to support companies seeking local listing under new decree

SHUAA Capital, an asset management and investment banking platform in the region, welcomes the decree issued by His Highness Sheikh Mohammed bin Rashid Al...

Mastercard launches its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC)

Mastercard launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC), the leading global financial center and largest fintech hub...

Virtuzone becomes the first company to accept Bitcoin payments for business setup in UAE

Virtuzone,a UAE based company formation specialists have announced that they now accept Bitcoin payments for business setup, becoming the first company in the industry...

First Abu Dhabi Bank (FAB) prices first Green Bond deal by a MENA issuer in Swiss Francs (CHF)

First Abu Dhabi Bank (FAB) has priced today the largest ever Swiss Francs (CHF) denominated Green Bond by an international issuer and the first...

Mastercard evolves contactless technology for quantum world

Mastercard announces that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments. The new Enhanced Contactless (Ecos) specifications are an industry-first...

Temenos hits milestone of 60 challenger bank clients

Temenos announced that it has exceeded 60 challenger bank clients. With the rich functionality of Temenos’ integrated front-to-back SaaS offering, challenger banks can launch...

Bank Audi and FAB sign definitive agreement for the sale and purchase of 100% of Bank Audi sae (Egypt)’s share capital

Bank Audi and First Abu Dhabi Bank (FAB) have announced the signing of a definitive agreement for the acquisition by FAB of 100% of...

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