Finance

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region recorded an 15% increase in the number of transactions and 17% increase in the value of funds transferred via its 60 second digital money transfer platform DirectRemit, in the first eight months of 2021, compared to the same period last year.

The real estate and properties transactions valued at 6.2 billion in total during the week ending 26 August 2021. The sum of transactions was 1,849.

The real estate and properties transactions valued at 4.4 billion in total during the week ending 19 August 2021. The sum of transactions was 1,367.

As in the platforms that preceded it in Fujairah and Ras Al Khaimah, the promotional platform set up by "Aafaq Islamic Finance" in "Mall of the Emirates" - Dubai witnessed a huge turnout which was a testament to the success of "Aafaq" strategy to communicate to customers, and to introduce them to leading financial products and services.

Abu Dhabi Commercial Bank PJSC (ADCB) has received an upgrade in its MSCI ESG rating to ‘AA’ from ‘A’ driven by “leading digital transformation initiatives” to support small businesses as well as its robust customer data protection and information security practices.

Islamic Arab Insurance Company, listed as "SALAMA" on the DFM, today announced its audited financial results for the second quarter of 2021. The company reported a net income of AED 40.29 million for the first half of 2021.