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The National Bank acquires Jordan Commercial Bank in Palestine

The National Bank (TNB) has acquired the Palestinian operations of the Jordan Commercial Bank (JCB) cementing TNB’s leading position with assets of more than...

Walton expands U.S. homebuilder BOLD Funds to support demand for new single-family home market

Walton, a real estate investment and land asset management company with US$3.39 billion under management and administration, has expanded its Builder Option Land Development...

Dubai Economy and Emirates NBD go live with the UAE KYC Blockchain Platform

Dubai Economy and Emirates NBD announced the go-live of the UAE KYC Blockchain Platform, an initiative which facilitates secure digital customer onboarding, instant bank...

Souqalmal doubles down on COVID-19 relief – ‘ZERO Fee Monthly Plan’ for Insurance in the UAE

After launching its ‘Insure Now, Pay Monthly’ service just short of two months ago, the Souqalmal team is now ramping up efforts to make...

Emirates Islamic announces winners of Kunooz Savings Account draw

Emirates Islamic has announced the lucky winners of its monthly Kunooz Savings Account draw for June 2020. Indian national, Muhammad Chelayil, won the AED 1...

SHUAA-backed Northacre chalks up a £7m sale at The Broadway, noting three-fold increase in interest from buyers

UK-based luxury property developer Northacre, a wholly owned subsidiary of SHUAA Capital is seeing a marked growth in interest from buyers even amid global...

Emirates NBD completes customer migration to Smart Pass

Emirates NBD has completed successful migration of its customer base to the Smart Pass service to support safer digital transactions. The roll out of Smart...

United Bank for Africa (UBA) Group announces global management appointments

United Bank for Africa, a pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun and...

Standard Chartered Bank appoints CEO for banking branch in Saudi Arabia

Standard Chartered Bank announced the appointment of Yazaid Al Salloom as Chief Executive Officer, Standard Chartered Bank Saudi Arabia, effective 1 August 2020.  Mr....

Financial Services ‘all in’ on multi-cloud adoption as industry accelerates digital transformation

According to the Financial Services edition of the 2020 State of Application Services (SOAS) report, 60% of surveyed organizations in the industry believe public...

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