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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...
corporate debts analysis by Aberdeen Standard Investments

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

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) (“BFHHC”), whose owners, Emar Bahrain (“Emar”), agreed to purchase Gulf Finance House’s (“GFH”) 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...
New fintech firm, BKN 301, entering the MENA market is set to boost the overall economy in the region.

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...
The UAE will soon be home to GoFinance

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 Logo

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...
Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer lending platform.

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...
Venom Foundation has been registered as the first crypto foundation in the ADGM, with a license to operate a blockchain and issue utility tokens.

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...