BENEFIT, a leading fintech company in Bahrain, has rolled out a new enhancement to BenefitPay app, in line with the directives of CBB, enabling users to view their QR code directly from its homepage. The added functionality helps streamline transfers and payment collection for its customers.
Leading Omani group National Finance has announced the expansion of its consumer durables financing portfolio, offering loans with repayment periods of up to eight years to help customers finance household purchases, including furniture, electronics and home appliances.
Boursa Kuwait said the Emerging Companies Market is ready for launch and will start accepting listing applications after completing successful technical tests in bid to broaden the country's capital markets. The ECM will be offering smaller and high-growth companies with a dedicated platform to access capital.
India is looking to attract greater participation from overseas Indians in its growth story as Non-Resident Indian (NRI) deposits reach approximately $166 billion, including $33.7 billion in Foreign Currency Non-Resident (FCNR) deposits, said industry leaders at a key event in Dubai.
India is looking to attract greater participation from overseas Indians in its growth story as Non-Resident Indian (NRI) deposits reach approximately $166 billion, including $33.7 billion in Foreign Currency Non-Resident (FCNR) deposits, industry leaders revealed.
Burjeel Holdings, a leading super-specialty healthcare group in the GCC, priced its inaugural $500 million Regulation S 5-year senior unsecured Sukuk offering due 2031 under its newly established $1.5 billion Senior Unsecured Sukuk Programme.
Abu Dhabi Islamic Bank (ADIB) has joined hands with the UAE capital's housing authority to provide eligible Emirati nationals with enhanced digital pre-approval access to shari’a-compliant home financing solutions. The funding will be done through a fully digitised credit engine developed by ADIB.
Varenne Capital Partners, a Paris-based research and process-driven global investment manager, has announced the opening of its new office in Dubai International Financial Centre (DIFC), thus marking a new chapter in the emirates after successfully developing its business across Europe.
The AI technology is largely ready, but organisations now face the challenge of closing the gap between AI adoption and effective implementation, said an expert. Falling behind on AI implementation is costing clients and talent with a new research warning of $143 billion at risk in US.
Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, has announced that it has received first-time corporate credit ratings from S&P Global Ratings and Moody’s Ratings, alongside the establishment of a $1.5 billion senior unsecured sukuk programme.