finance
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AED885 million profits reported by listed investment, finance companies in Q2 (21 August 2020)
The investment and finance firms listed on local capital markets saw their profits jump to around AED885 million during Q2-2020 from as little as AED13 million only in the comparable period last year.



Ministry Of Finance Announces Implementation Of Procure-To-Pay (17 June 2020)
The Ministry of Finance, MoF, has announced the successful implementation of Procure-to-Pay, P2P, which facilitates the procurement process and e-approval of purchase orders and requests at various federal entities in the country.



ADIB Recognized As ’Innovator In Islamic Finance’ By Global Finance Magazine (14 June 2020)
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today announced that it has been named an ’Innovator in Islamic Finance’ for 2020 by Global Finance magazine.



ADIB Markets Shariah-Compliant Leasing And Finance Opportunities In The UAE (29 April 2020)
The launch of the second fund follows the remarkable success of the first fund, which has met with high demand levels from ADIB’s private banking customers since its launch in the UAE last year.



CBUAE, Financial Authorities Issue Joint IFRS 9 Guidance For Banks, Finance Companies (5 April 2020)
The Central Bank of the UAE, CBUAE, issued on Sunday a joint guidance for banks and finance companies on the application of International Financial Reporting Standard 9, IFRS 9, during the COVID-19 pandemic.



Abu Dhabi Exports Office Approves AED550 Million To Finance UAE Exports In 2020 (7 March 2020)
During its first meeting for the year, the committee discussed a number of requests to finance exports, as well as reviewed the strategies developed to promote services provided by ADEX locally and globally for the coming period.



ADIB Wins Best Islamic Bank In The Middle East And Best Islamic Bank In The UAE At EMEA Finance Middle East Banking Awards (7 March 2020)
Launched in 2008, the EMEA Finance Banking Awards distinguishes the best-performing commercial, investment and Islamic banks in countries across the Middle East.



Abu Dhabi Finance & Aldar Properties Enter Strategic Partnership To Offer Exclusive Home Finance (26 February 2020)
The aim of the collaboration between ADF and Aldar is to provide a market-beating offer that ensures that owning property in the UAE’S capital is as accessible as possible.



Aldar Partners With Leading Financial Institutions For Limited Time Exclusive Home Finance Offer With Rates From 2.99% (26 February 2020)
The market beating offer is a collaboration between Aldar, ADF and ADIB to ensure that owning property in the UAE Capital is as accessible as possible.



ADFD, US International Development Finance Corporation To Exchange Knowledge, Expertise (11 February 2020)
Abu Dhabi Fund for Development, ADFD, today signed a Memorandum of Understanding with the United States International Development Finance Corporation, DFC, an independent agency of the US Government.




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