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Tag Archives: Finance

Media Representatives from Muslim Countries witness the latest on Adahi Project

Managed by the Islamic Development Bank The Islamic Development Bank hosted today at its Headquarters in Jeddah, a reception in honor of media representatives from Muslim countries, currently in the Kingdom of Saudi Arabia to cover this year’s Hajj season. The IDB Group President Dr. Ahmad Mohamed Ali, addressed the gathering on latest concerning the Kingdom of Saudi Arabia Project …

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MasterCard and Dubai Business Women Council announce collaboration to further women entrepreneurship in the UAE

Raja Easa Al Gurg, President, DBWC, and Ann Cairns, President, International Markets, MasterCard announcing partnership MasterCard and the Dubai Business Women Council (DBWC) part of the Dubai Chamber of Commerce and Industry , today announced a collaboration to drive entrepreneurship among women in the Emirate. The collaboration builds on the efforts of both organizations to mobilize and encourage women to …

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‘UAE Saves Week’ Gains Support of Leading Entrepreneurs and Social Influencers

UAE Saves Week (UAESW), an annual community initiative that aims to get UAE residents to adopt healthy saving habits, has gained the support of leading entrepreneurs, organisations and social influencers to promote the value of saving for better financial wellbeing. Taking place from 22 – 28 September, the week-long initiative hopes to empower and enable people to save money by …

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Game-Changing Technologies including Cloud, In-memory Computing and Mobile to Shape Future of Banking in MENA

SAP Reveals Potential of Cloud-Based Banking Network Emirates NBD and Abu Dhabi Commercial Bank Join Global Institutions to Highlight Power of Strategic Technology Implementations at SIBOS; DUBAI, United Arab Emirates – September 18, 2013 – The future of banking in MENA is technology-led and innovations such as in-memory computing, mobile and cloud are set to play an increasingly influential role, …

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New Investment Opportunities in Chinese Currency for HSBC customers in the Middle East

HSBC launches range of RMB products for customers in the region HSBC Bank Middle East Limited is giving its customers the opportunity to connect to China with the launch of a series of Renminbi (RMB) deposit accounts. China’s renminbi (RMB – also known as the yuan) is poised to join the US dollar and the euro as one of the …

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Agile Financial Technologies Ranked In CIO Review’s Top 10 Most Promising BFSI Software Solutions Providers

Agile Financial Technologies, a leading software provider for insurance, banking and financial services sectors, announced that it has been ranked amongst the top 10 promising Banking, Financial Services and Insurance (BFSI) software solutions providers by CIO Review magazine. Agile FT was selected for its excellence in delivering top-notch software solutions to BFSI companies, its innovative approach towards customers and its …

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Jordan Dubai Islamic Bank adopts Microsoft’s Virtual Desktop Infrastructure Technology

As per its strategy, Jordan Dubai Islamic Bank (JDIB) has implemented Microsoft’s Virtual Desktop Infrastructure (VDI), making it the first bank in the Kingdom to benefit from this solution. The VDI solution introduces a new way of managing user desktops through enabling the virtualization of Windows server, where the hardware and software are located separately. Thereby, the user is allowed …

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Zawya launches a new investor platform “Zawya Markets”

Zawya Limited, the leading online business intelligence platform focusing on the Middle East & North Africa, announced the launch of Zawya Markets platform. The new platform combines financial and business intelligence to offer a comprehensive view on the growth and investment opportunities in the MENA region. In addition to its comprehensive coverage on the region’s main asset classes, Zawya Markets …

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Growing Youth Population in Saudi offers Economic Potential

Pearson welcomes the International Monetary Fund’s finding that Saudi Arabia’s large youth population presents opportunities for GCC region if well managed. Pearson, the world’s largest education company, has welcomed a report by the International Monetary Fund (IMF) that finds youth unemployment in Saudi Arabia could be lowered by reducing reliance on public sector jobs and by improving the competitiveness of …

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China – Doing business with the UAE

In recent years our practice has seen a notable rise in Chinese business activity in the UAE as China has increased its appetite for international investment. We would expect this trend to continue as the economy within the UAE has been forecasted to show a steady recovery in 2013, both in terms of GDP and property market which makes it …

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