Monday 25 January 2021
 
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UAE investors can capitalise on Israeli hi-tech sector: report

Strong incentives for UAE investors to target the Israeli high-tech market are underlined in a first-of-its-kind report published today following a record investment activity and growth in 2020, despite the Covid-19 pandemic.   The IVC-Meitar Israeli Tech Review

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NBB launches improved digital platform

The National Bank of Bahrain (NBB) has launched its new and improved mobile app designed to transform and elevate the customers’ digital banking experience, making remote banking both faster and simpler.    The app enables seamless account opening, wh

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Bahrain, Japan discuss financial sector cooperation

Bahrain and Japan have discussed cooperation between the financial and banking sectors of the two countries especially in view of the recent initiatives by the Japanese government to boost the financial market and attract more businessmen and professionals to Japan.  

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Sharjah draws $220m FDI in 2020 for 24 projects

The UAE emirate of Sharjah attracted 24 foreign direct investment (FDI) projects worth $220 million (AED 808.6 million) during 2020, as per a Wavteq study on Sharjah’s FDI annual performance.    The Year 2020 was arguably one of the most challenging y

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Sharjah nets $220m in FDIs, creates 1,117 new jobs in 2020

Sharjah FDI Office (Invest in Sharjah), the investment promotion office operating under the Sharjah Investment and Development Authority (Shurooq), has announced that it had attracted 24 foreign direct investment (FDI) projects into the northern emirate last year.   

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Abu Dhabi takaful company Watania wins key ISO certification

Abu Dhabi-based National Takaful Company (Watania) said it has secured ISO 10004:2018 certification for monitoring and measuring customer satisfaction, an international standard for best practices linked to customer satisfaction and happiness.   Watania was foun

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ADFD allocates $170m for green energy projects

Abu Dhabi Fund for Development (ADFD) is continuing to advance its sustainable development agenda within the country and abroad through clean-energy initiatives, with allocations worth AED622 million ($170 million). The fund completed five renewable energy projects worth AED117.3

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Paymentology to join Mastercard fintech programme

Paymentology, a leading payment processing platform, has been selected by Mastercard to join Mastercard’s Fintech Express programme and its Engage Programme. Mastercard and Paymentology will work together to co-innovate in the field of banking technology in Europe and acros

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Bahrain-origin exports surge 12% to $1.58bn in Q4

The value of Bahrain’s exports of national origin increased by 12% to BD599 million ($1.58 billion) during the fourth quarter of 2020, compared to BD532 million for the same quarter of the previous year, a report said. The top 10 countries in terms of the value of exports o

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FAB to acquire 100% of Bank Audi Egypt’s share capital

First Abu Dhabi Bank (FAB) and Bank Audi sal have announced the signing of a definitive agreement for the acquisition by FAB of 100% of the share capital of Bank Audi sae, Bank Audi’s subsidiary in Egypt, a media report said. This agreement follows the completion of an in-d

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