Category Archives: Business & Investments

Business & Investments

Arthur D. Little Survey with 24 UAE Banks Highlights Omnichannel Banking Trends and Opportunities

  • 72% of UAE respondents prefer mobile apps as their primary banking channel.
  • Approximately 35% of UAE customers prefer physical branches for complex financial needs.
  • 43% of respondents regularly utilize self-service kiosks for routine banking tasks.
  • Around 70% of high-income UAE customers favor digital banking solutions but still rely on in-person advisory for complex financial decisions.
  • Mobile wallet usage is steadily increasing, particularly among younger and tech-savvy middle-income groups.

United Arab Emirates, 28 May 2025 – According to a new survey by Arthur D. Little (ADL) with 24 United Arab Emirates (UAE) banks, customers are increasingly demanding seamless, omnichannel banking experiences, with mobile banking apps and online platforms leading this digital transformation. The survey indicates that 72% of UAE respondents prefer mobile apps as their primary banking channel, highlighting convenience, intuitive design, and personalized financial management as driving factors.

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Business & Investments

Aseer Investment Forum Kicks Off in Its Second Edition

The Launch of the Aseer Investment Forum in Its Second Edition Under the Patronage of Prince Turki bin Talal bin Abdulaziz

Aseer Investment Forum Kicks Off in Its Second Edition

Abha, May 27, 2025:
Under the patronage of His Royal Highness Prince Turki bin Talal bin Abdulaziz, Governor of the Aseer Region, the second edition of the Aseer Investment Forum commenced this morning, Tuesday, at King Khalid University’s campus in Al-Fara’a, Abha, under the theme “Aseer Thrives… Invest Now.” The event features the participation of several esteemed ministers, senior officials, investors, and experts from within the Kingdom and abroad.

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Business & Investments

Binghatti and ADIB to bring Sharia-compliant Home Finance solutions to the UAE real estate market

Agreement will facilitate homeownership for UAE residents and support the growth and maturity of the UAE real estate market

Dubai, UAE, 27 May 2025 – Dubai’s leading developer, Binghatti Holding Ltd. (“Binghatti), announced today that it has signed a Memorandum of Understanding (‘MoU’) with Abu Dhabi Islamic Bank (“ADIB”), a leading financial institution in the UAE, to broaden and deepen Binghatti’s customer base by offering customers Sharia-compliant home-financing solutions including off-plan property purchases. 

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Business & Investments

To build resilience, leaders must leverage digitalization, commit to sustainable practices, say speakers at 16th GPCA Supply Chain Conference

The conference took place at the Address Sky View Hotel, Dubai, UAE on 27-28 May under the theme “Building Resilience in a Dynamic Landscape”

Dubai, UAE, 27 May 2025 – To build resilient chemical supply chains, chemical and petrochemical industry leaders must embrace innovation, leverage digitalization, and commit to sustainable practices, agreed speakers at the 16th Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference, which took place at the Address Sky View Hotel, Dubai, UAE on 27-28 May under the theme “Building Resilience in a Dynamic Landscape”. By fostering collaboration across sectors, investing in local human capital and building local capabilities, the chemical industry in the GCC can navigate uncertainty, mitigate risks, and drive lasting progress in global supply chain management, speakers added.

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Business & Investments

Invest in Sharjah launches region’s first government-led digital platform to streamline mergers and acquisitions in the emirate

Developed in partnership with Transworld Business Advisors, the platform specialises in mergers and acquisitions and is accessible to investors worldwide.

  • Mohamed Al Musharrkh: The platform reinforces Sharjah’s status as a regional hub for M&A activities in the SME sector.
  • Ahmad Ibrahim: We are confident in the long-term impact this platform will have in enhancing the investment landscape and unlocking new growth opportunities.
  • Sharjah AcquireHub offers a multifaceted value-added proposition for investors, SMEs, and entrepreneurs in Sharjah; and is accessible to local, regional and international investors.
  • It enhances market dynamism and provides flexible expansion, exit, or repositioning options.
  • The global M&A market was valued at USD 3.5 trillion in 2024; and transactions in regional markets reached a total value of USD 92.3 billion.
  • The launch of the platform reaffirms Sharjah’s integrated and competitive investment environment.
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