Strengthening Shariah compliance of Islamic banking industry in line with the best international practices is one of the key pillars of SBP’s 3rd Strategic Plan for Islamic Banking Industry 2021-25. Under the plan, SBP has been adopting Shariah standards of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in a systematic and gradual manner. The standardization and harmonization in …

At the back of increasing enquiries from existing and new investors and end-users, Samana Developers today unveiled a 100% free-of-charge golden visa for its investors who buy Dh2 million (USD 544,514) and above worth of properties from any of its projects in Dubai. The golden visa holder’s family automatically gets the long-term residency. Doubling the Number of Millionaires to Dubai …

Saudi Ministry of Health announced the launch of mobile dental clinic services affiliated with Makkah’s Health Cluster. The clinic is stationed in the vicinity of the Grand Mosque’s Emergency Hospital, to provide health care for pilgrims attending this year’s Hajj. The importance of this service lies in its central location next to the Grand Mosque, given the limited dental care …

Pak-Qatar General Takaful came into an agreement with Auto One (The largest Automotive marketplace for car buyers and sellers in Pakistan. They deal with numerous certified second-hand and used, cars from large numbers of dealers and private sellers. After a signing ceremony was held in Karachi. The agreement will allow Auto One to officer Motor Takaful for their clients. The …

Pet Corner, a one-stop shop for all pet supplies, veterinary care, fresh and marine aquariums, in store and mobile pet grooming, announce their launch of “The Pet Corner Elite Club”, which will feature a premium line of pet products and accessories for the first time in the region. Under Pet Corner Elite, the store introduces UAE’s first diamond and gemstone …

The Abu Dhabi Department of Economic Development (ADDED) today signed a memorandum of understanding (MoU) with GE Digital (NYSE: GE) to accelerate the digital transformation of the Emirate’s manufacturing sector by leveraging innovative solutions to strengthen the UAE’s position as a global hub for the Fourth Industrial Revolution (Industry 4.0). The agreement was signed by His Excellency Sameh Abdulla Al Qubaisi, Director …

Chief Guest Deputy Head Of Mission Martin Dawson headlined the power-packed 30th LADIESFUND Power Lunch. It was an outdoors affair. This dynamic networking session featured 40 incredible women leaders – including Sayeeda Leghari (Owner of Sukkur Beverages (Pvt) Ltd Pakistan), Simi Sadaf Kamal (Chairperson Hisaar Foundation, Pakistan), Moneeza Usman Butt (Partner, KPMG), Sana Pirzada (Founder of Virtual Legal Advisory VLA), …

Emerson signed a Memorandum of Understanding (MoU) with Abu Dhabi Polytechnic (ADPoly), a subsidiary of the Institute of Applied Technology, and learning and technology solutions provider, Edutech, to build the local talent pool and promote the field of science, engineering, technology, and other related strands as a viable career path for local UAE nationals. The agreement was signed by Vidya …

By Rafiq Vayani DUBAI: Power League Gaming, in partnership with Logitech G, launches ‘Stream School’, an innovative initiative to develop the next generation of streamers. Stream School will launch on 30th June 2022 – PLG BUZZ YouTube with a series of six episodes that will take young gamers through the step-by-step process to set them up for success. The series …

CoinMENA, a leading digital assets exchange in the Middle East and North Africa (MENA), today announced that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa, a world leader in digital payments. The Visa Fintech Fast Track program will allow CoinMENA to more easily leverage the reach, capabilities, and security of VisaNet, the …