Islamic Finance Top StoriesEgypt completes $3bn loans of green and Islamic financingGBO CorrespondentJanuary 17, 2022 GBO CorrespondentJanuary 17, 2022 The loans were provided by Emirates NBD and First Abu Dhabi Bank...
Banking and Finance Top StoriesUAE’s major lenders announce $4 bn profit during H1: Moody’sGBO CorrespondentSeptember 2, 2021 GBO CorrespondentSeptember 2, 2021 Moody’s reported that four major bank’s combined net profit increased from last...
Top StoriesEmirates NBD to launch NFC-based digital identity verification solutionGBO CorrespondentJanuary 11, 2021 GBO CorrespondentJanuary 11, 2021 The new banking NFC -based solution is known as the TruID solution...
Top StoriesDubai Islamic Bank agrees to increase foreign ownership limit to 40%GBO CorrespondentMarch 17, 2020 GBO CorrespondentMarch 17, 2020 Currently the foreign ownership limit in the bank is 25%...
Top StoriesDubai Islamic Bank approves increase in foreign ownership limitGBO CorrespondentMarch 16, 2020 GBO CorrespondentMarch 16, 2020 The bank's shareholders have approved foreign ownership limit of shares to 40...
Technology Top StoriesDubai’s first KYC blockchain data-sharing platform goes liveGBO CorrespondentMarch 2, 2020 GBO CorrespondentMarch 2, 2020 The platform is launched by Mashreq Bank and Dubai International Financial Centre...
Top StoriesUAE’s four largest banks’ profitability to remain strong in 2020GBO CorrespondentFebruary 27, 2020 GBO CorrespondentFebruary 27, 2020 The combined net profit of the four banks increased 13 percent to...