AED

AM Best Affirms Credit Ratings of Abu Dhabi National Takaful Company P.S.C.

Retrieved on: 
Friday, November 10, 2023
Insurance, Professional Services, ROE, Risk management, Risk, Credit, ADNTC, AED, AM Best, Growth, News, ALL, Legislation

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Abu Dhabi National Takaful Company P.S.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Abu Dhabi National Takaful Company P.S.C.
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Revolutionizing Alternative Lending: Beehive's Technological Advancement

Retrieved on: 
Thursday, December 7, 2023
SME, Artificial intelligence, Fraud, CMA, AED, Ecosystem, USD, DLT, Dubai Financial Services Authority, DFSA, UTC, NBFI, Distributed ledger, GCC, MENA, Kingdom, Fintech, Economic development, Drug, Cryptocurrency, Bank, Beehive

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.

Key Points: 
  • It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.
  • The platform serves as the nexus where ambitious businesses converge with forward-thinking investors while creating a seamless channel for financial empowerment.
  • In their pursuit of excellence in innovation and technological advancement, Beehive recently signed off with UAE Trade Connect (UTC) as its newest member and second non-bank entity to join its consortium.
  • To discover more about how UAE Trade Connect transforms the trade finance landscape with cutting-edge technology, please visit uaetradeconnect.ae .

Revolutionizing Alternative Lending: Beehive's Technological Advancement

Retrieved on: 
Thursday, December 7, 2023
SME, Artificial intelligence, Fraud, CMA, AED, Ecosystem, USD, DLT, Dubai Financial Services Authority, DFSA, UTC, NBFI, Distributed ledger, GCC, MENA, Kingdom, Fintech, Economic development, Drug, Cryptocurrency, Bank, Beehive

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.

Key Points: 
  • It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.
  • The platform serves as the nexus where ambitious businesses converge with forward-thinking investors while creating a seamless channel for financial empowerment.
  • In their pursuit of excellence in innovation and technological advancement, Beehive recently signed off with UAE Trade Connect (UTC) as its newest member and second non-bank entity to join its consortium.
  • To discover more about how UAE Trade Connect transforms the trade finance landscape with cutting-edge technology, please visit uaetradeconnect.ae .

DIFC's strategic initiatives drive Dubai's emergence as a global hub for sustainable finance fundraising, leadership, innovation and capacity building

Retrieved on: 
Sunday, December 3, 2023
Carbon, Hive, Sustainable development, Nature, Climate change, DFM, Path, Dubai International Airport, Chartered Banker Institute, Ecosystem, Future, Growth, Knowledge, Sustainable finance, Fintech, Party, Government, Memorandum of understanding, Prototype, Innovation, S&P Global Ratings, Scottish Enlightenment, Museum, Partnership, ESG Quant, COP28, Head, AED, Dubai Financial Market, Humanity, Intelligence, Museum of the Future, Catalysis, Creative industries, Renewable energy, Transport, Management, Biodiversity

DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub.

Key Points: 
  • DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub.
  • Sustainable Finance Catalyst set to grow sustainable finance raised from Dubai to USD100 billion by 2030.
  • Building on DIFC's position as the first global sustainable finance hub in MEASA, DIFC's Sustainable Finance Catalyst will help scale sustainable finance flows from Dubai to USD100 billion by 2030.
  • The initiatives will further position DIFC and Dubai as a global hub for sustainable finance, enable continued upskilling of top talent, and amplify action on climate finance."

DIFC's strategic initiatives drive Dubai's emergence as a global hub for sustainable finance fundraising, leadership, innovation and capacity building

Retrieved on: 
Sunday, December 3, 2023
Carbon, Hive, Sustainable development, Nature, Climate change, DFM, Path, Chartered Banker Institute, Ecosystem, Future, Growth, Knowledge, Sustainable finance, Fintech, Party, Government, Multimedia, Memorandum of understanding, Prototype, Innovation, S&P Global Ratings, Scottish Enlightenment, Museum, Partnership, ESG Quant, Dubai International Financial Centre, COP28, Head, AED, Dubai Financial Market, Humanity, Intelligence, Museum of the Future, Catalysis, Art, Creative industries, Renewable energy, Transport, Management, Biodiversity

DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub.

Key Points: 
  • DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub.
  • Sustainable Finance Catalyst set to grow sustainable finance raised from Dubai to USD100 billion by 2030.
  • Building on DIFC's position as the first global sustainable finance hub in MEASA, DIFC's Sustainable Finance Catalyst will help scale sustainable finance flows from Dubai to USD100 billion by 2030.
  • The initiatives will further position DIFC and Dubai as a global hub for sustainable finance, enable continued upskilling of top talent, and amplify action on climate finance."

SquaredFinancial launches its lucrative Fixed-Time Deposit Account with up to 5.25% Annual Percentage Rate

Retrieved on: 
Monday, November 27, 2023
APR, AED, USDT, Financial management, GBP, USD, EUR

The Fixed-Time Deposit Account combines the best features of a savings account.

Key Points: 
  • The Fixed-Time Deposit Account combines the best features of a savings account.
  • Clients can accumulate interest rates of up to 5.25% while initiating deposits as modest as USD 5,000.
  • The APR ranges from 4.05% to 5.25% depending on their chosen deposit term which ranges from 3 to 12 months.
  • What sets this account apart is its flexibility in currencies, offering USD, EUR, GBP, AED, and USDT options and catering to diverse financial management needs.

SquaredFinancial launches its lucrative Fixed-Time Deposit Account with up to 5.25% Annual Percentage Rate

Retrieved on: 
Monday, November 27, 2023
APR, AED, USDT, Financial management, GBP, USD, EUR

The Fixed-Time Deposit Account combines the best features of a savings account.

Key Points: 
  • The Fixed-Time Deposit Account combines the best features of a savings account.
  • Clients can accumulate interest rates of up to 5.25% while initiating deposits as modest as USD 5,000.
  • The APR ranges from 4.05% to 5.25% depending on their chosen deposit term which ranges from 3 to 12 months.
  • What sets this account apart is its flexibility in currencies, offering USD, EUR, GBP, AED, and USDT options and catering to diverse financial management needs.

MENA's Largest Hackathon in the UAE: Three Winners with Web3-Improving Inventions

Retrieved on: 
Friday, November 24, 2023
Blockchain, Education, Privacy, Non-fungible token, AED, USD, API, Partnership, AMM, DIDS, DMCC, Uniswap, Government, Cryptocurrency, Pravica, Bybit, Web3, Decentralized finance, Crypto, MENA

The collaborative effort between Bybit and DMCC, announced in June to foster the mass adoption of Crypto and Web3 in Dubai, culminated in the largest hackathon in the MENA region.

Key Points: 
  • The collaborative effort between Bybit and DMCC, announced in June to foster the mass adoption of Crypto and Web3 in Dubai, culminated in the largest hackathon in the MENA region.
  • The winners are as follows:
    This year's Crypto Innovation Challenge in the UAE is Evai.io, a pioneering solution revolutionizing the evaluation of emerging asset classes like Crypto, DeFi, and NFTs.
  • Pravica, the second winner of the hackathon, introduces a cutting-edge peer-to-peer Web3.0 messaging and value transfer infrastructure.
  • The selection of the UAE as the inaugural Arab country to host such a monumental hackathon is not mere happenstance.

MENA's Largest Hackathon in the UAE: Three Winners with Web3-Improving Inventions

Retrieved on: 
Friday, November 24, 2023
Blockchain, Education, Privacy, Non-fungible token, AED, USD, API, Partnership, AMM, DIDS, DMCC, Uniswap, Government, Cryptocurrency, Pravica, Bybit, Web3, Decentralized finance, Crypto, MENA

The collaborative effort between Bybit and DMCC, announced in June to foster the mass adoption of Crypto and Web3 in Dubai, culminated in the largest hackathon in the MENA region.

Key Points: 
  • The collaborative effort between Bybit and DMCC, announced in June to foster the mass adoption of Crypto and Web3 in Dubai, culminated in the largest hackathon in the MENA region.
  • The winners are as follows:
    This year's Crypto Innovation Challenge in the UAE is Evai.io, a pioneering solution revolutionizing the evaluation of emerging asset classes like Crypto, DeFi, and NFTs.
  • Pravica, the second winner of the hackathon, introduces a cutting-edge peer-to-peer Web3.0 messaging and value transfer infrastructure.
  • The selection of the UAE as the inaugural Arab country to host such a monumental hackathon is not mere happenstance.

Houston Housing Authority Partners with Cardiac Solutions to Pioneer Life-Saving Initiative: Install AEDs in All Public Housing Complexes

Retrieved on: 
Wednesday, November 22, 2023
Sentinel, Houston Housing Authority, Safety, HHA, Cardiac arrest, LUCAS, AED, Journal, JAMA, American Medical Association, Public housing, CPR, Partnership, Survival, Death, Housing, Commissioner, AED (non-profit), Defibrillation, SCA, Medical device

HOUSTON, Nov. 22, 2023 /PRNewswire/ -- The Houston Housing Authority (HHA) and Cardiac Solutions have partnered to achieve a groundbreaking milestone by becoming the first housing agency in North America to install Automated External Defibrillators (AEDs) with LUCAS compression devices and AED Sentinel camera remote monitoring for all AEDs in all of its public housing complexes.

Key Points: 
  • HOUSTON, Nov. 22, 2023 /PRNewswire/ -- The Houston Housing Authority (HHA) and Cardiac Solutions have partnered to achieve a groundbreaking milestone by becoming the first housing agency in North America to install Automated External Defibrillators (AEDs) with LUCAS compression devices and AED Sentinel camera remote monitoring for all AEDs in all of its public housing complexes.
  • SCA occurs approximately once every 34 seconds in the United States, making it imperative to have life-saving equipment readily available in public spaces.
  • "By installing AEDs in all our public housing complexes, we are empowering our communities and enhancing our emergency response capabilities to save lives."
  • Jon Seale, CEO of Cardiac Solutions, expressed his support for the HHA's initiative: "The Houston Housing Authority's commitment to safety and readiness is commendable.