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Financial Services
FSRA Unveils Key Enhancements To Funds Regulatory Framework During Abu Dhabi Finance Week
The FSRA highlights enhancements to its Funds regulatory framework, supporting growth in Abu Dhabi's fund management sector....
ADGM Reports Significant Q3 2025 Growth Reinforcing Its Status As A Leading Financial Hub
ADGM's Q3 2025 results show a 48% rise in AUM, reinforcing its status as the premier financial hub in MEASA....
Mashreq And DIFC Sign MoU To Boost Financial Innovation And Family Wealth
Mashreq, a prominent financial institution in the MENA region, has entered into an MoU with Dubai International Financial Centre (DIFC)...
Sanadak Reduces Financial Complaint Response Time By 50 Percent To Enhance Consumer Protection
Sanadak, the UAE Ombudsman Unit, cuts financial complaint response time from 30 to 15 days, enhancing consumer protection and service q...
Meedaf And InDebted Join Forces To Transform Debt Resolution In The UAE
In a move designed to reshape the financial services landscape in the UAE and beyond, Meedaf, a financial services platform based in AD...
Madkhol Financial Launches Ratibi+ Tool In Saudi Arabia To Boost Employee Loyalty And Job Stability
In the midst of escalating challenges faced by firms to attract and keep talent, Madkhol Financial has unveiled "Ratibi+", a financial ...
Klay Group Appoints Ahmad Chaudry As Global Head Of Structured Investments And Derivatives To Enhance Offerings
Klay Group, renowned for its specialized financial services to high-net-worth individuals and institutions, has announced the addition ...
Wio Bank And Xero Collaborate To Simplify Accounting Processes For UAE SMEs
In a recent move to enhance the financial management capabilities of small and medium-sized enterprises (SMEs) in the United Arab Emira...
BHM Capital Achieves Strong Q1 Profit Growth Of AED 11 Million Amid Market Challenges
BHM Capital announces a net profit of AED 11 million for Q1 2025, reflecting a 23% growth amid market challenges and expanding client b...
DFSA's Inaugural Tokenisation Regulatory Sandbox Draws Interest From 96 Innovative Firms
The DFSA's inaugural Tokenisation Regulatory Sandbox has garnered interest from 96 firms, highlighting its commitment to financial inno...
ADGM FSRA Imposes Significant Fines Of $8.85 Million On HAYVN Group For Serious Violations
The ADGM FSRA has imposed fines totalling US$8.85 million on HAYVN Group and its former CEO for serious regulatory violations in financ...
Jaywan-Mastercard Debit And Prepaid Cards To Be Launched Soon In The UAE
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, has partnered with Mastercard to introduce co-branded debit and ...
Transforming Cash Dependency: How Whizmo Is Digitizing Transactions In The UAE
In the UAE, the launch of Whizmo marks a significant step towards financial inclusivity, spearheaded by CEO Eric Karobia. Under his gui...
Finstreet Launches Innovative International Securities Market Infrastructure At Abu Dhabi Finance Week
Finstreet Limited unveils a unique international securities market infrastructure at Abu Dhabi Finance Week, enhancing investment oppor...
Saudi EXIM Bank Hosts GARP Meeting To Enhance Financial Risk Management Practices
Saudi EXIM Bank convenes GARP meeting to enhance financial risk management practices and discuss trends in Saudi Arabia's evolving mark...
Strategic Expansion: Al Ansari Financial Services Acquires BFC Group with Protiviti's Middle East Advisory
Protiviti Member Firm for the Middle East region, a global consulting firm, has announced its role as the exclusive financial advisor t...
Al Ansari Financial Services Buys BFC Group Holdings For $200 Million To Boost GCC Operations
Al Ansari Financial Services secures a deal to buy BFC Group Holdings for $200 million, aiming to become the top remittance provider in...
UAE General Pensions Authority Makes New Improvements In Registration Service
The General Pensions and Social Security Authority has introduced new improvements to the insured's registration service as part of its...
Bajaj Finserv Direct Sets Up Tech Services Hub In Dubai To Drive Digital Transformation
Bajaj Finserv Direct Ltd., a subsidiary of the influential Indian financial services conglomerate Bajaj Finserv Ltd., has officially en...
Orlando Credit Union Welcomes New Residential Lending Sales Manager, Joseph Torres
Orlando Credit Union appoints Joseph Torres as the new Residential Lending Sales Manager, aiming to enhance member services and drive g...
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