Finance bulletins

Nahdi Medical Company Transforms its Financial Management with Infor

Nahdi Medical Company Transforms its Financial Management with Infor

Saudi-based pharmacy chain automates its treasury and payment systems, boosting efficiency and visibility as it plans regional expansion Dubai, UAE – July 2, 2020 – Infor, a global leader in business cloud software specialized by industry, today announced that Nahdi Medical Company, a Saudi Arabia-based pharmacy retail chain, has digitally transformed its financial management, payment systems, and financial

Islamic Development Bank Group in partnership with the UAE Ministry of Economy and Annual Investment Meeting to Host a Live Webinar

The webinar entitled, “IsDB Group Private Sector Action Response to COVID-19” will discuss the challenges facing the private sector and global economy during the COVID-19 outbreak. (Release date), Dubai, UAE– The Islamic Development Bank Group in partnership with the UAE Ministry of Economy and Annual Investment Meeting, will conduct a live webinar entitled “IsDB Group

Lebanon Has Run Out of Time

LIFE is alarmed by the lack of any meaningful progress towards economic reform in Lebanon.  This policy paralysis is especially disconcerting in the face of a clear acceleration in the economic and financial meltdown and the faltering negotiations with the IMF.  As a result, LIFE renews its calls for all stakeholders, including the government, the

DIFC Academy and Thomson Reuters Legal partnership will boost use of legal technology & research tools in MENA

Dubai, UAE: 23 June 2020 – Dubai International Financial Centre (DIFC) Academy and Thomson Reuters MENA have entered into a strategic partnership that aims to substantially boost the knowledge of legal technologies and legal research tools, and their use in the region. The partnership will see Thomson Reuters Legal provide a series of online sessions

Kyriba Expands Footprint in Middle East, Central Europe and Africa with Midis Group Partnership

Brings Needed International Finance, Cash & Liquidity and Payments Solutions to Emerging Markets Expands and Enhances Localized Services and Support San Diego – June 15, 2020 – Kyriba, the global leader in liquidity solutions, today announced a partnership with Midis Group, a leading technology organization, comprising some 170 companies across 70 countries in the EMEA region.

Dubai International Financial Centre welcomes back clients, visitors, retailers and restauranteurs

Strict public health procedures will continue to be implemented following guidelines from UAE and Dubai Government Authorities Dubai, UAE, 13 June 2020 – Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has welcomed back clients, visitors, retailers and restauranteurs at the Centre. The

Tata Asset Management establishes regional office in Dubai International Financial Centre

Dubai, UAE, 10 June 2020: Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region has welcomed Tata Asset Management Limited (TAML) to the Centre. Tata Asset Management is one of the earlier asset management companies in India and is a part of the Tata

Dubai International Financial Centre position as the region’s reinsurance sector hub reconfirmed

Gross Written Premiums for the reinsurance sector in DIFC reached nearly $2 billion in 2019, representing annual growth of 17.4% – further reinforcing DIFC’s position as the region’s leading reinsurance hub Gross Written Premiums (GWP) for Q1 2020 reached $472 million, on par with Q1 2019 figures, reflecting continued industry stability and resilience DIFC is

Dubai International Financial Centre Companies to benefit from Master Employee Health Insurance Policy

DIFC signs MoU with EC3 Brokers Limited to establish a group health scheme for the Centre’s 2,437 registered firms First of its kind initiative for a free zone in Dubai/financial centre in the region The collaboration facilitates the purchase of cost-effective health insurance for registered companies operating from the DIFC DIFC aids in the reduction

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