Chedid Re wins the 2011 Reinsurance Broker of the Year award
Chedid Re has been named “2011 Reinsurance Broker of the Year†for the second year in a row by the MENA Insurance Awards (previously...
Emirates NBD Launches IPO Subscription Website
Fully digital platform to support investor participation ahead of upcoming listings on DFM
Individual investors to benefit from seamless, paperless journey from subscription to payment
Real-time...
Resilience of Corporate Debt in Emerging Markets Expected to Continue
The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...
Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct
Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...
Record-Breaking VC Investment in Fintech in First Half Of 2021
KPMG’s Pulse of Fintech reveals investment hit USD 98 billion.
USD 98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with USD...
Bahrain Financial Harbour repays US$134M Sukuk facility
Bahrain Financial Harbour Holding Company B.S.C. (c) (“BFHHCâ€), whose owners, Emar Bahrain (“Emarâ€), agreed to purchase Gulf Finance House’s (“GFHâ€) 49.88% investment in BFHHC...
Dubai International Financial Centre Celebrates Ranking as 8th Best Global Financial...
· DIFC Governor presides over the iconic bell ringing ceremony, signalling the start of trading at the region’s international financial exchange
· Ceremony reinforces Dubai’s...
Dubai International Financial Centre Receives FinX FinTech Hub of the Year...
The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector
Dynamic and robust FinTech...
Abu Dhabi Global Market grants In-Principle Approval for Binance
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Financial...
MENA Region Opens New Opportunities for Fintech Companies
Middle East and Africa is projected to experience a significant growth in the coming years to reach USD 3.45 billion by 2026.
New fintech firm...
6 Predictions for Fintech in 2024
Financial technology, or fintech, is undergoing rapid and transformative changes. As we look ahead to 2024, several key trends are poised to shape the...
Consumer Banking Marketplace Driven By Artificial Intelligence Launches in UAE
The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem.
The UAE...
Majid Al Futtaim Sets A New Standard in Sustainable Financing with...
Continuing its regional leadership in responsible financing, Majid Al Futtaim issues new Green Sukuk.
Majid Al Futtaim has raised $500 million to refinance part of...
National Bonds: Savings Culture on Rise in the UAE
A shift in savings behavior leads to one of the most profitable years for National Bonds
Eight new millionaires were created in 2021, and savers...
Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs
Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
One in two Managers Already Testing Tokenised Assets
85% agree that financial service providers who are unprepared for mass tokenisation of assets risk being left behind
More than half (52%) of fund managers...
DFSA Invites Applications for Its 2020 Regulatory Sandbox ‘Winter Cohort’
The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the Winter 2020 Cohort. Successful cohort applicants...
UAE’s Licensed 1st Crypto Foundation to Build an Infinitely Scalable Blockchain...
The project is generating attention in MENA due to its tremendous transactional management possibilities, higher security, and inbound governmental database projects.
Venom Foundation has been...