Finance
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Navigator Rebrands to GROW with Singlife
Navigator Investment Services Ltd, an integrated investment platform rebranded its label ‘Navigator’ to GROW with Singlife with an objective to…
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UAE’s Ministry of Economy Suspends Operations of 50 DNFBP Establishments in Q3 2023
The Ministry of Economy has suspended the operations of 50 enterprises operating within the Designated Non-Financial Businesses and Professions (DNFBP)…
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Emirates Development Bank Inks Deal with TCP for Supply Chain Financing for SMEs
Emirates Development Bank, the key financial engine of UAE’s economic development and industrial advancement, has inked a Memorandum of Understanding…
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Qatar Central Bank to Launch New License for Insurance Policy Price Comparison Sites
Aligning with Qatar’s financial sector and fintech strategy, the Qatar Central Bank (QCB) aims to regulate and develop the financial…
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UAE’s Al Ansari to Acquire Majority Stake in Oman’s Exchange Firm
UAE-based Al Ansari Financial Services on Monday said that, it has sent a formal proposal to acquire majority stake in…
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UAE’s Ministry of Finance Launches Strategic Plan for 2023-2026
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on…
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Arab Monetary Fund to Extend $615.8 Mn Loan Support for Banking Sector Reforms in Egypt
Arab Monetary Fund extends $615.8 million loan to support reforms in the financial and banking sector in Egypt. The sum…
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M&T Bank Corp beats Wall Street estimates for first-quarter profit
On Monday, M&T Bank Corp. surpassed Wall Street expectations for the first quarter’s earnings as a result of the U.S.…
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UAE-based e& acquires $400 million in Uber-owned Careem
Uber-owned ride-hailing firm Careem announced a spinout on Monday with significant support from both its parent business and a new…
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Dubai Integrated Economic Zones posts 42% increase in operating profit in 2022
The operating earnings of the Dubai Integrated Economic Zones Authority (DIEZ) increased by 42% in 2022. In comparison to 2021,…
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