Emirates NBD, one of the key banking groups in the MENAT region, has revived its popular Mega Foreign Exchange and Trade promotion, offering SMEs exciting rewards. With prizes totaling AED 2 million, the campaign aims to encourage businesses to enhance their cross-border payment and trade operations. Running until March 31, 2025, the promotion offers daily...
Bank of Singapore is growing its team at the Dubai International Financial Centre (DIFC) with six senior hires, bringing expertise from leading global institutions. The appointments include Zeena Abou Elnaja, who joins the investment advisory team from Julius Baer. A CFA-qualified professional, she previously worked with Standard Chartered in the Middle East. Mehvish Ayub has...
The Central Bank of the UAE (CBUAE) has reported that gross banks’ assets, which include bankers’ acceptances, rose by 1.3% from AED4.4 trillion at the end of September 2024 to exceed AED4.456 trillion by the end of October 2024. This information was detailed in the Monetary & Banking Developments – October 2024 report released by...