Banking & Finance
Total bank credit reached AED1.982 trillion by the end of October
Banking sector contributed the largest volume of credit facilities, with an estimated value of SAR245.3 billion
Efforts fall under Financial Sector Development Program
SAR5 mn minimum capital requirement
Region’s first conventional sustainable account and the first sustainable Islamic account among innovative products
Contactless solutions and sustainable finance in the spotlight
UAE joins gulf payments company to revolutionize safe cross-border transactions
Saudi Aramco makes first entry into Pakistan’s fuel retail markets with 40 percent acquisition of GO
Deal opens doors for Aramco to promote refined products, lubricants in Pakistan
As part of company's environmental and social responsibility
200+ companies already attracted to relocate headquarters to the Kingdom
The fintech sector has created more than 5,000 new job opportunities
In China expansion move
Prominent AI institutions in Abu Dhabi came together to explore the city's early commitment to AI
Gulf Cooperation Council nations lead global expansion
Event witnessed unveiling of Numou, ADGM's SME financing platform
Ardian, through its infrastructure funds, will acquire 15 percent
First edition of ScaleUp SME awards see more than 300 entrants
Global finance leaders assembled to analyze ADFW’s main theme ‘Investing in the transition era'
Batra heads a funders' network focused on enhancing resources for impactful initiatives
Expected annual growth rate of 13 percent in 2023
Due to a steady increase in total operating income, decline in impairment charges
Borderless transactions to grow in the next 12 months
