Finance News

Orient Insurance opens new kiosk at Dubai Festival City Mall, making insurance more accessible for customers

UAE, 3 September 2024- Orient Insurance, a prominent insurance company in the Middle East and a subsidiary of Al-Futtaim Group, opened recently its new kiosk at Dubai Festival City Mall. Mr. Omer Elam...Read More

BKN301 Group responds to growing demand for secure payment solutions with new strategic vision

August 21, 2024: BKN301 Group, a leading digital payments and Banking-as-a-Service (BaaS) provider in the MENA region, unveiled a new strategy aimed at transforming the financial ecosystem and increas...Read More

Orient Insurance records significant 10 per cent increase in profits, totalling AED 416 million during the H1 of 2024

08 August 2024- Orient Insurance, a prominent insurance company in the Middle East and a subsidiary of Al-Futtaim Group, achieved exceptional financial outcome during the first half of 2024, recording...Read More

Etihad Credit Insurance and International Development Bank sign cooperation agreement to support ‘Xport Xponential’ initiative

July 31, 2024: Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, ...Read More

Al Ansari Financial Services PJSC Signs Agreement to Acquire BFC Group Holdings W.L.L. for USD 200 million

• AAFS signs an SPA to purchase BFCGH reflecting the Company’s ambitions to expand its geographic presence and service portfolio to achieve sustainable growth. • With this acquisition, AAFS is poise...Read More

Al Ansari Exchange Launches Corporate Tax Collection Service at All Branches in UAE

UAE, July 24, 2024: Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI], has launched its corporate...Read More

ECI calls on UAE-based manufacturers, exporters and re-exporters to capitalise on its ‘Xport Xponential’ initiative for global expansion

UAE - July 23, 2024: Etihad Credit Insurance (ECI), the UAE Federal export credit company, is calling upon UAE-based companies to capitalise on its groundbreaking initiative, ‘Xport Xponential’, aimed...Read More

Etihad Credit Insurance partners with EGAP to streamline process of mutual reinsurance obligations and foster bilateral trade between UAE and Czech Republic

H.E. Bin Touq: The UAE and the Czech Republic enjoy growing and developing economic relations. The new agreement with EGAP comes within the framework of this outstanding economic partnership between t...Read More

Etihad Credit Insurance showcases its efforts in promoting sustainability and climate action at ‘TXF Global 2024’

June 19, 2024: Etihad Credit Insurance (ECI), the UAE’s federal export credit company, participated in TXF Global 2024 conference, organised by Exile Group in Athens, Greece. During the conference, He...Read More

Etihad Credit Insurance organises workshop to review next phases of ‘Xport Xponential’ initiative, highlights its role in shaping comprehensive financing environment for local exporters

• H.E. Raja Al Mazrouei: Our goal is to bring about a qualitative change in the UAE's foreign trade landscape and encourage local manufacturers and exporters to expand into new markets. UAE...">Read More