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Standard Chartered’s global $1 billion COVID-19 commitment will include multi-million-dollar support for healthcare in the Middle East

Standard Chartered’s global $1 billion commitment in the fight against COVID-19 will include support to healthcare throughout the United Arab Emirates.   The bank’s support...

Emirates Islamic partners with Mastercard to enhance Corporate Banking proposition with corporate credit card offering

Emirates Islamic has entered into a long term strategic partnership with Mastercard to offer credit cards to the Bank’s corporate banking clients, helping them...

SHUAA launches three Sharia-compliant funds in ADGM and secures USD 75 million of commitments

SHUAA Capital has launched three Sharia compliant funds and already secured USD 75 million of commitments. The SHUAA High Yield Sukuk Fund, Nujoom Aggressive Fund...

Levelling the playing field for female entrepreneurs in Africa

Mobilising support for female entrepreneurs is a necessary factor in improving livelihoods and transforming the global economy. Studies have shown that, if female entrepreneurs...

SWIFT pilots new service for low value cross-border payments

SWIFT announces plans for a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value...

GFH Financial Group (GFH) concluded the Ordinary General Meeting (OGM) of shareholders

GFH Financial Group (GFH) today announced the successful conclusion of its Ordinary General Meeting (OGM), which was held with the live virtual participation and...

USD 750 million benchmark Tier 1 six-year bond issued by First Abu Dhabi Bank

First Abu Dhabi Bank (FAB) has issued a USD 750 million benchmark fixed rate Additional Tier 1 perpetual non-call six-year bond. FAB attracted a quality...

FinTech is integral for economic recovery

Whilst the dual shock of low oil prices and the unprecedented impact of a global pandemic has presented economies and businesses around the world...

Huawei looking to expand engagements with leading financial organizations

Following its annual flagship event HUAWEI CONNECT 2020, Huawei and International Data Corporation (IDC) have released a new white paper titled “Banking Industry Rises...

First Abu Dhabi Bank partners with Tabby and Al Futtaim to launch UAE’s first in-store Buy-Now-Pay-Later offering

First Abu Dhabi Bank (FAB) has partnered with UAE-based fintech startup Tabby to enable acceptance of their Buy-Now-Pay-Later solution at FAB merchant partners. The...

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