Saudi’s Esnad launches property management firm in Bahrain
The firm will provide end-to-end consultancy services targeting individuals, investors and corporates
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RAKBANK to join RippleNet to drive Philippine remittance footprint
RAKBANK will work with BDO Unibank to power remittance transactions throughout the Philippines
Philippines seeks partnership with Qatar on Islamic banking development
The partnership will help broaden the scope for new Islamic products and services in the market
Kuwait’s new draft law to set up Shariah board for banking supervision
All 36 MPs have voted unanimously in favour of the draft law
Malaysia’s Maybank launches instant business account facility for SMEs
Now businesses can open a conventional or an Islamic business account through Maybank’s online banking platform, Maybank2u
Brazil’s central bank to launch QR code-based instant payments
The instant payment platform is called Pix
Tax digitalisation sees 20% lesser use of paper cheques in Singapore
DBS Bank IRAS are collaborating to utilise tax payment digitalisation through PayNow
Pemex begins signing contracts to initiate new oil projects
Pemex plans to explore and discover at least 20 new oil and gas fields annually
FAB raises over Dh3 bn in its first Sterling bond, Kangaroo bond
The two bonds will be listed on London Stock Exchange and Australian Stock Exchange respectively
Shareholders oppose delisting of Dubai real estate fund over low market value
The investors are the UAE’s National Bonds, Sancta Capital, Tawuniya and Emirati and Saudi family businesses