Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
ONE App, supported by Al Salam Bank, has launched an integrated e-marketplace in Bahrain, featuring a Buy Now, Pay Later (BNPL) option. This development aims to enhance the retail experience by allowing local merchants to display their products on the app, providing users with a convenient shopping experience. The BNPL feature enables clients to make interest-free purchases and pay in three monthly installments without requiring paperwork or salary transfers. Merchants benefit from a self-service onboarding process, the ability to offer installment plans, and tools to monitor sales performance. Haitham Al Haddad, General Manager of ONE App, highlighted the initiative's role in simplifying financial services and enhancing retail in Bahrain. The launch aligns with ONE App's strategy to be a leading digital platform, focusing on accessibility and convenience to support economic participation and digital transformation in the region. Users can learn more by visiting the ONE App website or downloading the app.
Al Ramz Capital PJSC has announced the renewal of its role as a liquidity provider for ADNOC Drilling Company PJSC shares. With regulatory approvals in place, Al Ramz will continue to trade ADNOC Drilling shares independently, adhering to specific parameters and regulatory requirements. Al Ramz, a licensed market maker with over 25 years of experience in UAE capital markets, operates on the Abu Dhabi Securities Exchange and Dubai Financial Market. As a liquidity provider, Al Ramz aims to enhance share trading by improving the order book, minimizing trading spreads, increasing trading volume, and reducing volatility. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market, offering a wide range of financial services.