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UAE leads region in digital banking adoption

DUBAI / Emirates Business Pressure is mounting on regional banking and financial institutions to accelerate the adoption and digitisation of processes as the dem-and for cutting-edge online bank- ing from millennial consumers continue to rise. In order to remain competitive, swift response to the evolving consumer needs is paramount as more and more customers are now expecting their respective banks ...

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Azizi to begin works on Dubai’s second tallest skyscraper in Q3

DUBAI / Emirates Business Azizi Developments, one of the leading private developers in the UAE, has announced that its most ambitious project till date — a commercial and residential tower that will add to Dubai’s iconic skyline — will commence construction in the third quarter of 2018. The 122-storey building will stand at approximately 570m tall on Sheikh Zayed Road ...

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IDB lists $1.25 billion sukuk on Nasdaq Dubai

DUBAI / WAM Nasdaq Dubai on Sunday welcomed the listing of a $1.25 billion sukuk by the Islamic Development Bank (IDB), whose activities include financing development projects for its 57 member countries. The listing brings the number of Sukuk listings by the IDB on the exchange to nine with a total value of US$11.5 billion, making it one of the ...

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