ABU DHABI/WAM G42, the Abu Dhabi-based global technology group, has announced the release and implementation of a new cutting-edge procurement optimisation tool developed by its portfolio company, Inception. The new AI-powered platform, (In)Business Procurement, will deliver results, reduce sourcing and contract cycles by up to 40%, enable faster decision-making, and set a new standard for efficiency. As the first in …

DUBAI / WAM The UAE Banks Federation (UBF) has underlined the pivotal role of Etihad Credit Bureau in advancing the UAE’s banking and financial sector, reinforcing the country’s standing as a global financial and commercial hub. During the “Partner Engagement Forum”, held at the Emirates Institute of Finance in Dubai, UBF commended Etihad Credit Bureau’s initiatives in supporting the UAE’s …

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has announced the commencement of the pricing stage as the initial step toward listing the first-ever, distributed ledger technology (DLT)-based bond in the region. Issued by First Abu Dhabi Bank (FAB) using HSBC Orion, a market-leading digital assets platform, the upcoming bond listing represents a landmark step in ADX’s mission to …