Banking & Finance
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
Meanwhile, domestic credit saw a 5.8 percent annual increase to QAR1.26 trillion
The reserves surged by 14.4 percent
The global volume of digital wallets is forecasted to reach $12 trillion annually by 2028
Meanwhile, the value of cash deposits in the central bank reached AED15.466 billion in January 2024
The cash dividends are equivalent to 7.3338 fils per share
The demand for treasury bills remained robust this week, indicating investor confidence in the country's fiscal health
