PayTabs unites with Tabby to boost GCC’s digital economy
PayTabs Group, MEASA’s award-winning payment solutions powerhouse, has partnered with Tabby, MENA’s leading shopping and financial services app, in order to power the growth of eCommerce across Saudi Arabia and […]
DFSA hits FFA Private Bank with $370,000 fine over system failures
Dubai financial regulator has fined FFA Private Bank (FFA) $373,842 (Dhs1.4m) for having inadequate systems and controls to identify, assess and report trading, which exhibited suspicions of market abuse between […]
DGCX launches GCC’s 1st Shari’ah Compliant Silver Spot Contract
The Dubai Gold & Commodities Exchange (DGCX), the largest and most diversified derivatives exchange in the Middle East, has launched GCC’s first Shari’ah Compliant Silver Spot Contract (DSSC), to provide […]
Abu Dhabi’s Invest AD launches Blackstone Private Debt Fund
Abu Dhabi Investment Company (Invest AD), a wholly owned subsidiary of Mubadala Investment Company, has launched the Invest AD Blackstone Private Debt Fund, an SCA-regulated fund, which will offer local […]
UAE & Germany organize hydrogen energy industry workshop
Under the Emirati-German Energy and Climate Partnership, the UAE Ministry of Energy and Infrastructure (MoEI) and the Federal Ministry for Economic Affairs and Climate Action (BMWK) of Germany have organized […]
FAB, Magnati unite with Geidea to boost digital payments
First Abu Dhabi Bank (FAB) and Magnati have entered into a strategic alliance with Saudi Arabia’s largest fintech company Geidea to provide digital payment acceptance services for businesses in the […]
Dubai Islamic Bank integrates ‘alt’ service with UAE Pass
Dubai Islamic Bank (DIB) has integrated its DIB ‘alt’ services on mobile & internet banking with UAE PASS, the first secure unified national digital identity solution for the UAE. DIB ‘alt’ is […]
UAE’s Executive Office of AML/CFT hosts 2nd National Risk Assessment workshop
The UAE Executive Office of Anti-Money Laundering and Countering the Financing of Terrorism (EO AML/CFT) has begun the second workshop of the UAE’s 2022/23 Money Laundering/Terrorist Financing (ML/TF) National Risk […]
ADIB to provide instant account opening for SMEs
Abu Dhabi Islamic Bank (ADIB) has become the first bank in the UAE to provide small and medium-sized enterprises (SMEs) with convenient remote account opening services through a mobile app […]
UAE: ADDED, ADIB to facilitate digital business banking account opening
Abu Dhabi Department of Economic Development (ADDED) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) to jointly offer bank account opening procedures for investors […]
