Sunday 20 October 2019

FinTech AD set for kick-off with 10 key features

FinTech Abu Dhabi (FinTech AD) is set to go ‘live’ tomorrow (October 21) with ten key features and new initiatives that will look to solve issues in the Fintech industry, connect people, and recognise success. The Mena region’s leading FinTech Festival is organi


Top speakers for Bahrain mentorship forum

Top regional business leaders are set to speak and take part in the upcoming “Mentorship Forum Middle East – Harnessing the Power of Mentorship” taking place in strategic partnership with Tamkeen in Bahrain on November 25. A first of its kind regional event, the


Global economy likely to grow by 3pc this year: IMF

The global economy is projected to grow by about three percent this year, but the pace has continued to weaken since April, according to the International Monetary and Financial Committee (IMFC). "Growth is projected to pick up next year, but the outlook is highly uncertain


DGC buys 50pc stake in Bahrain interior design group

Dividend Gate Capital (DGC), a Bahrain-based private equity firm, said it has signed an agreement to partner up and acquire 50% of Solara Joinery & Interiors Company, a leading carpentry headquartered in the kingdom.   Established in 2015, Solara caters to t


Over 79,000 licences renewed in Abu Dhabi last year

A total of 79,224 business licences were renewed last year in Abu Dhabi in yet a new testament to the investment-conducive environment boasted by the emirate, according to figures released by the Statistics Centre - Abu Dhabi. According to SCAD's data, the number of new busin


Samsung, Mobeewave partner for mPOS payments

Samsung Electronics has partnered with Mobeewave, a pioneer in contactless mobile card payment acceptance, to deploy NFC-enabled contactless payment acceptance on mobile devices worldwide starting October 15. Over the past several months, the two companies have worked together on


Over 70 experts at Saudi eCommerce Forum

More than 70 industry experts discussed the latest global and regional eCommerce market dynamics at the recently concluded Mastercard Saudi eCommerce Forum 2019 hosted by Mastercard, in collaboration with Saudi Payments. The forum, which took place in Riyadh, supports the Saudi 2


ENBD launches rights issue to raise $1.75bn

Emirates NBD (ENBD) Bank, a leading bank in the UAE, said that it proposes to increase its issued share capital by issuing new shares in its share capital to raise up to Dh6.45 billion ($1.75 billion) by way of a rights issue. The new shares will be issued at an issue price of Dh


AmCham Bahrain announces new board members

The American Chamber of Commerce - Bahrain (AmCham Bahrain) has announced its new 15-member board with Qays H. Zu’bi, the Senior Partner at Zu'bi Partners, as its President. Tatweer Petroleum CEO Jim Eastlack was elected the Vice President. The announcement came followi


GIB appoints new head for wholesale banking

Gulf International Bank (GIB) has appointed Khaled Abbas, a seasoned banker with more than two decades of experience, as group head of wholesale banking at GIB.   Abbas assumes the role after having served as GIB’s country gead of UAE, where he

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