The Central Bank of the UAE projects the country’s real GDP to increase by 2.5 per cent in 2021
PolicyBazaar allows users to purchase life and general insurance online
Shuaa Capital led a $50m structured sukuk for Pure Harvest co-investing with Franklin Templeton and Sancta Capital
Full-year profit net income fell to $31m
The pandemic has further emphasised the need for diversification among investors, reveal AIX Investment Group’s board advisor Fadi Dabbagh and senior financial advisor Khalid El-Mikhi
The $400bn sovereign investor is key to the kingdom’s efforts to revive economic growth
Al Salam Bank is waiving administrative fees for personal and property facilities
The money manager is the Gulf’s largest private investor in US real estate
Tribe Capital Growth Corp I will target the tech sector
We have not yet reached gender parity – women today are still under-leveraged and undervalued in the workforce, says Invesco’s Zainab Kufaishi
There is a lot of work that can be done by organisations to ensure more women are being considered for jobs and promotions
IHC’s total assets increased to Dhs14bn as of December 31, 2020, from Dhs4bn a year earlier
Over 25,000 applicants pre-registered in the past two months to use the app
Mobile network operators have direct access to a large customer base that includes the harder-to-reach segments of the underbanked and unbanked
Bitcoin and other cryptocurrencies are also driving growing interest from mainstream investors in Canada
With the addition of Etisalat and du’s data, AECB’s customer information database stands at 9 million individuals and 600,000 companies
The agreement will result in Anghami becoming the first Arab technology company to list on Nasdaq New York
The reward from hopping onto the digital currency bandwagon is imminent, states entrepreneur and investor Shailesh Dash
The Public Investment Fund is raising about $15bn from a group of international banks to finance new investments
Within one year, 19,182 members of the DIFC workforce have been enrolled in the plan
Mohammed was previously head of Abu Dhabi coverage for HSBC global banking
Operations under the new name and structure are planned to start on April 1, 2021
Customers are expected to transfer to the ADCB banking platform during the first half of 2021
The bank recorded a a full year 2020 net profit of Dhs10.6bn
The amount will help fund international programmes that meet the medical, nutritional, and food security needs of the country
The fine was imposed because the individual had no authorisation to undertake a function that required prior approval from the Central Bank
Authorities had reduced the cap to 5 per cent in March 2020 to contain the fluctuations triggered by the pandemic
Merger of Finablr assets and BFC would create regional financial services giant
The kingdom is planning a two-part, benchmark-sized deal with a three-year and nine-year offering
Total expenses during that period are projected at KD114.1bn