The Central Bank of the UAE, CBUAE, today signed a Memorandum of Understanding with the Dubai Islamic Economy Development Centre, DIEDC, to reinforce and expand the reach of the Islamic banking sector, and to advance
Abu Dhabi Commercial Bank, ADCB, is launching UAE’s first virtual Point of Sale, POS, payment terminal, in partnership with Visa, the world’s leader in digital payments. ADCB PACE PAY facilitates card payments
First Abu Dhabi Bank, FAB, recently announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25bn five-year issuance.
Despite the GCC-wide public holiday,
First Abu Dhabi Bank, FAB, has announced the issuance of the largest Chinese Yuan, CNH, dual listed Formosa bonds from the MENA region, with a CNH 1.4 billion five-year issuance.
Despite the challenging market backdrop,
Nasdaq Dubai, the region’s international financial exchange, announced it has welcomed the listing today of a US$1 billion Sukuk by Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE.
In a statement,
Trading in the Tech Giants
A growing number of traders are entering the financial markets via CFD trading and adding major companies like Amazon and Netflix to their portfolios. CFDs (Contracts for Difference) are financial instruments that allow a trader to take advantage of price movements in both directions—increases as well as decreases—of shares in various companies without the