Banking & Finance
Eligible companies to obtain interest-free loans of a maximum of AED300,000
The bonds comprised three tranches and have three different maturity periods
The stake includes the shares currently owned by Canadian pension fund Caisse de dépôt et placement du Québec
The 100k mark is simply a matter of when, not if
The industry attracted $16.6 billion in new investments, with a focus on equity and event-driven hedge fund strategies
Rain-damaged vehicles and homes are covered by insurance companies
Failure to comply with the deadlines could result in administrative penalties
Total deposits see impressive 8.3 percent annual surge
The acquisition will make ADNIC one of the Tier-1 listed insurers in Saudi Arabia
Region must tackle important structural reform agenda to ensure peace and stability
Tech-driven transformation revolutionizes banking and finance in the Middle East
Businesses need to be agile, adapt their strategies and invest in digital infrastructure
President and CEO discusses the challenges women face in the industry
Company recorded more than $108 billion in client assets last year
With ADGM’s FSRA as a premier advocate, the Emirate is assured a progressive financial service environment
Future-proofing business key to meeting shareholder expectations and long-term success
It offers a secure and streamlined approach to the storage and management of digital assets
Lenders must use innovative approaches to gain customer trust and acceptance of instant payments
The official reserves at the end of March 2024 increased by $3.11 billion
This marks a substantial growth compared to $1.05 billion in the same period in FY 2022/2023
Zarina, a small business owner and Dordoi Bazaar merchant, was able to access the global digital economy thanks to impactful Visa partnership.
21 banks will provide loans to small and midsize technology companies at a 1.75 percent interest rate under this program
A regional and global winner of the Visa Everywhere Initiative, fintech company Thrive Agric is digitally enabling smallholder farmers across Africa
