by Priyanka Sharma | November 21, 2024 | Banking Regulations, Fintech, Technology
Dubai Chamber of Digital Economy (DCDE), one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it supported the establishment and expansion of 485 digital startups in the emirate between Q1 and Q3 2024. This represents an...
by Priyanka Sharma | November 21, 2024 | Banking Regulations, Mergers & Acquisitions, News
Indian billionaire Gautam Adani has been charged with fraud in the US, accused of orchestrating a $250 million bribery scheme to secure contracts for his renewable energy company. The charges, filed on Wednesday in New York, are a significant blow to Adani, who is one...
by Priyanka Sharma | November 20, 2024 | Banking, Banking Regulations, Central Banks, Fintech, Investment Banking, Retail Banking
The UAE has firmly established itself as a leader in the digital banking transformation sweeping across the Middle East, with the country commanding the largest share of the region’s $3.2 trillion in banking assets. A new report from Arthur D. Little (ADL)...
by Priyanka Sharma | November 20, 2024 | Banking, Investment Banking, Retail Banking
J.P. Morgan Private Bank has unveiled its 2025 Global Investment Outlook, titled *Building on Strength*, highlighting key trends set to influence global markets and investment strategies next year. The report emphasizes the ongoing recovery in the global economy and...
by Priyanka Sharma | November 20, 2024 | Investment Banking, Mergers & Acquisitions, Retail Banking
Mashreq, a prominent financial institution in the MENA region, has signed a landmark Sustainability-Linked Facility (SLF) agreement with Landmark Retail, a leading value conglomerate in the Middle East’s retail sector. This agreement marks the first time a private...
by Priyanka Sharma | November 20, 2024 | Automotive, Mergers & Acquisitions
Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with Peec Mobility officials to learn about the company’s future plans for the UAE market and their contribution to promoting the circular economy and sustainable transportation. The meeting forms part of...
