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Banking and Finance

Banking and Finance latest

ADIB Mobilises AED 20.3 Billion in Sustainable Finance in 2025, Reinforcing Commitment to AED 60 Billion Target by 2030
April 6th, 2026 - 09:20 GMT

ADIB Mobilises AED 20.3 Billion in Sustainable Finance in 2025, Reinforcing Commitment to AED 60 Billion Target by 2030

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced that it mobilised and facilitated AED 20.3 billion in sustainable finance by the end of 2025, marking a strong year of execution and reinforcing its commitment to deploy AED 60 billion in sustainable finance by 2030. This performance underscores ADIB’s role as a trusted sustainable finance partner, supporting governments, financial institutions and corporates in advancing climate action, enabling the energy transition, and delivering meaningful environmental and social impact across the UAE and the wider region. ADIB played a ...
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 The program brings together a global network of innovators ranging from startups to banks and merchants to shape the future of commerce in an agile and accelerated manner.
October 4th, 2018 - 10:10 GMT

Mastercard Drives Global Startup Ecosystem at Connecting Tomorrow Forum

The move, which is part of the company's ‘Beat the Heat’ initiative, resulted in the distribution of more than 1,000 water bottles to laborers across the UAE.
October 4th, 2018 - 10:05 GMT

Al Ansari Exchange Hands Out Cool Water Bottles to UAE Laborers via ‘Beat the Heat’ Initiative

Deloitte’s global strategy and multidisciplinary business model continued to deliver successes in FY2018.
October 4th, 2018 - 09:41 GMT

Deloitte Announces Record Revenue of $43.2 Billion

The regulator has approved the sale of TRL 18 billion in subordinated debt by various banks. (Shutterstock)
October 4th, 2018 - 07:49 GMT

Who Bought TRL 10.9 Billion of Turkish State Banks’ Debt Last Week?

The new bankruptcy law will introduce measures to allow company reorganization where the management is allowed to remain in place and continue business operations during the administration of a case, similar to the Chapter 11 process in the US. (Shutterstock)
October 4th, 2018 - 07:05 GMT

Bahrain Launches New Bankruptcy Law to Keep Investments Flowing

A total of 570 energy projects worth USD 77 billion are currently looking for financing. (Shutterstock)
October 4th, 2018 - 05:48 GMT

570 Arab Energy Projects Face a Financing Gap of $77 Billion

Banking regulators should work with banks to adopt good practices in the management of human, natural and financial resources. (Shutterstock)
October 4th, 2018 - 05:27 GMT

This Is Why Arab Banks Should Implement Green Banking

Chief Executive of CrediMax, Mr. Yousif Ali Mirza
October 4th, 2018 - 04:57 GMT

CrediMax Announces Mastercard Summer Campaign Winners

Mashreq Bank will become the first bank in the world to offer users the choice to make secure contactless and Masterpass QR payments.
October 3rd, 2018 - 10:43 GMT

Mashreq and Mastercard Team Up to Introduce Masterpass QR in UAE

The vote was conducted during the recent 58th WFE General Assembly in Athens, Greece.
October 3rd, 2018 - 09:50 GMT

Boursa Kuwait Granted Full Membership Of the World Federation of Exchanges

Burgan Bank 'The Leadership Challenge®'
October 3rd, 2018 - 09:43 GMT

Second & Third Batch From Burgan Bank Successfully Complete the Leadership Challenge Complete Model

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

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