Author: Evops

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Business
May 17, 2024

Ajman Bank has been declared winner of the coveted Islamic Digital Banking Provider of the Year Award at the MEA Finance Banking Technology Summit & Awards 2024. The awards ceremony took place at the Ritz Carlton DIFC in Dubai and was attended by more than 300 senior executives and honored guests from across the region’s banking and financial technology sectors. Mr. Mustafa Al Khalfawi, CEO of Ajman Bank, said, “We are proud to receive the Islamic Digital Banking Provider of the Year award. This recognition...

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General
May 15, 2024

Step aboard the legendary Queen Elizabeth 2 Hotel in Dubai, where history and gastronomy come together in a symphony of unforgettable experiences. From the sea-view charm of the Lido Restaurant to the royal flair of the Queen’s Grill, each venue offers a unique gastronomic adventure. This summer, we are excited to unveil a series of tempting dining offers that cater to every taste and occasion. Whether you’re seeking a delicious dinner buffet, an indulgent afternoon tea, or a culturally immersive Dine & Explore tours, the Queen Elizabeth...

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Banking, Business, General
May 9, 2024

Ajman Bank has reported an all time high quarterly profit in Q1 2024 of AED 107.4 million. This is on the back of a 7.0% increase in total operating income to AED 400.3 million as compared to AED 374.0 million in corresponding period of 2023, and net operating income of AED 194.8 million. Return on shareholder Equity (annualized) and Return on Asset (annualized) have doubled in Q1 2024 as compared to corresponding period of 2023 – respectively to 15.5% (up...

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General
May 9, 2024

The 3rd edition of the Dubai FinTech Summit to be held on 7-8 May 2025, under the directives of His Highness Sheikh Maktoum. The 2nd edition of Dubai FinTech Summit attracted over 8,000 visitors from 118 countries around the world. Over 50 Memorandum of Understandings (MoUs) were signed during the Summit with global financial leaders. More than 20 top investment management firms with investments in 12,000 companies participated in the Summit. Nik Storonsky, Founder and CEO of Revolut inked expansion plans in...

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Business, General
May 7, 2024

Dubai, UAE – Takaful Bazaar, a pioneering InsurTech startup based in the UAE, is excited to announce its participation in the prestigious Dubai International Financial Centre (DIFC) Fintech Summit 2024. As the world’s first provider of an embedded Takaful platform, Takaful Bazaar will demonstrate its groundbreaking solutions, initially launched as a successful proof of concept in Pakistan. Since its inception, Takaful Bazaar has committed to providing innovative and ethical financial products tailored for the Middle East, North Africa and Pakistan (MENAP)...

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Business
May 7, 2024

Apparel Group and myZoi Forge Partnership to Drive Financial Inclusion for Over 4,000 Underbanked Employees  Apparel Group Enhances Home Transfer Services through myZoi App Apparel Group to extend myZoi’s payroll, domestic payments, home transfer, and financial education offering to its employees. Together, myZoi and Apparel will advance the social elements of ESG. In a significant announcement made at the Dubai Fintech Summit, Apparel Group, a leading global fashion and lifestyle retail conglomerate, and myZoi, a pioneering fintech incubated at SC Ventures,...

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General
May 7, 2024

The founding members elected by vote to have a Chairman and Regional Board Members for Africa, Americas, Asia, and This alliance brings together over 100 countries under the European Digital Finance Association (EDFA), the FinTech Alliance Iberoamerica (FIA), the Africa FinTech Network (AFN), and Digital ASEAN & Digital Philippines & The first General Assembly will take place in May during the Dubai FinTech Summit. The Global Fintech Alliance (GFA) the world's most extensive FinTech ecosystem, has named its board of...

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Uncategorized
May 7, 2024

Meetings explore global cooperation and exchange of expertise in urban financial infrastructure, capital markets and FinTech, and new industry growth opportunities generated by Dubai Government of Dubai Media Office – 06 May 2024: His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), today met with global  policymakers and financial industry leaders on the sidelines of the...

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Banking
May 7, 2024

Summit brings together more than 8,000 industry leaders from over 100 countries to discuss the future of FinTech and unlock new opportunities Second edition of the Dubai FinTech Summit highlights the ongoing transformation of the technology-led financial sector His Highness: Dubai provides a unique environment for FinTech companies to leverage new growth opportunities in this rapidly growing sector “We have created a dynamic ecosystem for the FinTech industry to thrive, in line with the goal of the Dubai Economic Agenda D33 to establish the...

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General
May 4, 2024

Ajman Bank has announced the appointment of Mr. Adrian P.L. Hodges as the new Group Treasurer. With over three decades of robust experience in treasury and global markets, Mr. Hodges brings a wealth of expertise and a proven track record of strategic financial leadership to his new role. Prior to joining Ajman Bank, Mr. Hodges served as the Head of Global Markets Solutions at the Commercial Bank of Dubai, where he played a pivotal role in transforming the bank's foreign...

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