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FAB initiates share transfer process for acquiring 100% of Bank Audi sae (Egypt) unlocking future growth opportunities in MENA

Arabiya Capital -
Following receiving the necessary regulatory approvals, First Abu Dhabi Bank (FAB) has announced that it has initiated the process of share transfer for 100%...
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HSBC facilitates global steel industry first with blockchain trade finance deal between UAE and India

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HSBC has successfully executed a blockchain-enabled, live trade finance transaction between the UAE’s Universal Tubes & Plastic Industries Ltd. and India’s Tata Steel Ltd....
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Liv. launches UAE’s most flexible credit card

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Liv., the digital only lifestyle bank by Emirates NBD, is expanding its millennial-friendly proposition with the launch of a unique credit card programme. The...
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Emirates NBD’s ‘Get Together. Go Contactless’ campaign rewards customers for adopting touch free payments

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Emirates NBD is offering customers the opportunity to win prizes of four luxury BMW 520i cars, 50 75” TVs and 200 iPhone 12s when...
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Abu Dhabi Islamic Bank postpones instalments on personal financing during Ramadan

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Abu Dhabi Islamic Bank (ADIB) announced today it would be postponing one monthly instalment for its eligible  personal finance customers at no fees or...
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ADIB adopts IBM hybrid cloud solutions to accelerate digital transformation strategy

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Abu Dhabi Islamic Bank (ADIB)announced its collaboration with IBM to accelerate its transition to become a modern, digitally-led Islamic bank, using IBM hybrid cloud solutions...
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Commercial Bank of Dubai signs an agreement with Gargash Car Rental to provide Asset Backed Lending finance

Arabiya Capital -
Commercial Bank of Dubai has signed an agreement with Gargash Group to provide structured medium-term Asset Backed Lending finance worth AED 150M to Gargash...
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First Abu Dhabi Bank announces completion of payments business carve out and launches new brand – MAGNATI

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First Abu Dhabi Bank (FAB) today completed the carve out of its existing payments business into a fully owned and operational subsidiary. The new...
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Numerous opportunities for investment in GCC healthcare, as sector rebounds from COVID-19 according to Mashreq report

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Industry analysis from Mashreq and the research firm Frost & Sullivan, has forecast strong growth in the GCC healthcare sector, driven by a surge...
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Emirates NBD reports steep increase in contactless payments

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As consumers and merchants have increasingly preferred to use touch-free technologies to stay safe during the COVID-19 outbreak, Emirates NBD reports that contactless payments...
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Arabiya Capital provides dedicated news, features, data and updates on the unprecedented and accelerating changes taking place in Egypt’s banking and finance markets. Our news, articles, events and data are accessible across our many platforms -digital, online, print, roundtable debates, webinars, events (actual & virtual), awards, memberships and polling.

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