#finance
JMR’s Genie de Banca digital platform will enable banks and financial institutions to automate and digitise their lending departments, develop new revenue channels, and present their customers with new products and services
Investors have pushed risk assets including stocks to sky-high valuations on expectations that widespread vaccine distribution in 2021 will reignite economic growth
As societies adopt more digital payment tools, it is important to bring along the 25 million locally who are still living in cash mode
The option to postpone installments is to be offered to all customers residing in the kingdom, whether individuals or companies
Oman’s central bank also said banking sector in the sultanate was “comfortably placed”
The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending
Adnan Kazim has been named as its new chairman in line with regulatory requirements
The fintech sector is booming – supported in part by the Covid-19 pandemic – and Northern Ireland offers regional businesses a great platform for growth
International banks have been expanding in Saudi as the country embarks on a plan to diversify its economy beyond oil
Dubai Islamic Bank is now the largest UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $7.3bn listed on the exchange
The rule will be applicable from December 1, 2020, with businesses no longer requiring an Emirati sponsor
The agreement enables Bank Hapoalim to access banking and innovation opportunities in the Middle East, Africa and South Asia through the DIFC platform
The agreement provides a framework for information sharing, and will facilitate the movement of startups and transfer of knowledge and talent
Dubai and Abu Dhabi have been ranked as having the most transparent property markets in the region according to JLL’s latest index
The TESS loan deferral programme has already benefited over 310,000 retail customers, nearly 10,000 SMEs and more than 1,500 private sector companies
![Dr B.R. Shetty, Founder and Co-Chairman of Finablr, at the London Stock Exchange[2] copy](https://gulfbusiness.com/wp-content/uploads/2019/08/Dr-B.R.-Shetty-Founder-and-Co-Chairman-of-Finablr-at-the-London-Stock-Exchange2-copy.jpg)
The NMC Health founder denies wrongdoing and says he has “complete faith in the justice system of the UAE”
The Abu Dhabi Judicial Department will organise training courses for judges and prosecutors specialising in money laundering and tax evasion
Take the first step in the right direction to secure your financial future
The decision, taken by the Capital Market Authority, takes effect from January 1, 2021
The kingdom hiked its value added tax (VAT) from 5 per cent to 15 per cent in July
The six-year bond with a 6 per cent interest rate was 2.1 times subscribed
A new management team was brought into the fund in 2017 to transform the state-owned institution
The tribunal noted that Shailesh Dash exhibited “a formidable mastery of the arguments”
Markets have been volatile during the final weeks of the campaign as investors fretted over the potential for a contested outcome
Income still increased for the first time in five quarters as oil prices steadied
Lenders should leverage the use of technology to understand customers’ needs and create a personalised journey for them, says IT firm Comarch
Export factoring provides a full suite of trade finance benefits including cash advances, credit protection, and collections and reconciliation services
The five-year sukuk was oversubscribed nearly three times
He was formerly appointed as CEO of Abu Dhabi National Energy (TAQA)
The new federal budget is 5.2 per cent lower than the 2020 figure of Dhs61.35bn