Dubai / WAM Cases of IT-based frauds are increasing in organisations, raising concern among corporate houses and external key stakeholders on ways to detect and prevent such incidents, as companies have reported significant losses. Companies should hire the “right people with integrity and competency” to detect and prevent fraud, Abdulqader Obaid Ali, President, UAE Internal Audit Association, told CIOMajlis a ...

Dubai / Emirates Business Noor Bank, a leading Shari’a-compliant bank in the UAE, has won the Innovator in Islamic Finance 2017 award in the Process Innovation category from the New York-based Global Finance magazine. The award recognised the bank’s single-risk credit insurance structured finance solution for large corporate relationships. Speaking about the win, Ehsaan Ahmed, Head of GTS and Corporate ...

Dubai / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, launched the Fatima bint Mubarak Volunteering Programme. The programme is the first of its kind and aims to establish the culture of volunteer work and humanitarian giving among women ...