Banking & Finance

    Abu Dhabi, UAE - 20 November 2024 – In line with its commitment to keeping up with technological advancements, Al Ain Book Festival, which kicked off its 15th edition on Sund ... Read More

Salik Company PJSC (Salik), the exclusive toll gate operator of the Emirate of Dubai, has achieved a significant milestone by obtaining the ISO 37301:2021 certification (Compliance Management Systems) ... Read More

Net profit rose to AED 30.41 million in YTD Q3 2024 Takaful revenue of AED 802.83 million reported in YTD Q3 2024 Discrete Q3 2024 net profits increased by 57% Islamic Arab Insurance Comp ... Read More

The 240MW Absheron-Khizi plant is the first international investment-based independent wind power project in Azerbaijan, and the largest in the Caucasus region.   ACWA Power, the worl ... Read More

  Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced the full redemption and on-sch ... Read More

First nine months 2024 revenue increases 12% exceeding AED 4.98 billion; 13% increase in passenger numbers and 22 new routes launched. Air Arabia (PJSC), the Middle East and North Africa's ... Read More

  Investments have been made in four graduates of the Visa Africa Fintech Accelerator, a 12-week program of training, mentorship, and networking opportunities. To date, the program has ac ... Read More

  Khalid Al Jarwan: “We are committed to continuously enhancing the quality of services provided across all business sectors to reinforce the emirate's position as a leading globa ... Read More

  Emirates Development Bank (‘EDB’ or the ‘Bank’), the UAE’s key financial engine for economic development and industrial advancement, reinforces its commitment t ... Read More

Emirates Development Bank (‘EDB’ or ‘the Bank’), the key financial engine of UAE economic development and industrial advancement, has successfully concluded its participation a ... Read More

  Commercial Bank International is the 13th bank to join EDB’s Credit Guarantee Scheme The scheme enhances financial inclusion and access to finance for SMEs    I ... Read More

  Zoho Corp., a leading global technology company, launched a new version of Zoho Analytics, the company’s self-service business intelligence and analytics platform. The update intr ... Read More

Al Fujairah National Insurance Co. (AFNIC) announces the launch of “FloodGuard,” the region’s first insurance product exclusively covering accidental loss or damage from Flood, Inund ... Read More

  Reno, the all-in-one interior design and renovation platform for residential and commercial projects, has launched in the UAE. Reno is the first solution of its kind in the region, offeri ... Read More

Quara Finance, a leading Saudi company providing innovative Sharia-compliant financial solutions, launched its one-of-a-kind digital check-out solution for Jarir Bookstore. This cutting-edge e-commerc ... Read More

  In a groundbreaking collaboration with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Ajman Bank has announced its integration with the Aani Instant Payment P ... Read More

  As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to ... Read More

  Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region has been awarded the prestigious leadership in Energy and Environmental Design LEED cer ... Read More

  Al Ansari Financial Services PJSC (the “Group”) [DFM: ALANSARI], one of the leading integrated financial services groups in the UAE, has been recognised as the Best Financial Ins ... Read More

Dubai's Roads and Transport Authority (RTA) has launched the 'nol Travel' discount card initiative, which provides users with various benefits related to public transport and taxi fare pay ... Read More

  Worldwide Cash Express, a leading global provider of money transfer services and a subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), announced a strategic partnership with Ter ... Read More

  In line with the vision of His Highness Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, and His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince ... Read More

  Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced a new partnership with Checkout.com, a leading g ... Read More

Abu Dhabi Fund for Development (ADFD) and the Asian Infrastructure Investment Bank (AIIB) held a knowledge exchange workshop at the Fund's headquarters in Abu Dhabi. This workshop, which focused o ... Read More

  HE Dr Sultan Ahmed Al Jaber: The credit rating upgrade by S&P with stable outlook is a sign of confidence in EDB’s ability to deliver its strategic mandate HE Ahmed Al Naqbi: ... Read More

The UAE and the State of Qatar have signed an agreement to avoid double taxation and prevent fiscal evasion of income taxes. The agreement was signed by His Excellency Mohamed Hadi Al Hussaini, UAE ... Read More

  Visa has announced the Saudi Arabia finalists that will compete at the Saudi Arabia, Bahrain and Oman edition of the 2024 Visa Everywhere Initiative (VEI), a global open innovation program a ... Read More

Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of economic development and industrial advancement in the UAE, has announced its participation at the thir ... Read More

  Ajman Bank has been declared winner of the coveted Islamic Digital Banking Provider of the Year Award at the MEA Finance Banking Technology Summit & Awards 2024. The awards ceremony t ... Read More

  On the back of its participation as the Knowledge Partner of The Audit Summit that was held in Abu Dhabi 15 and 16 May, Deloitte Middle East announced today its Memorandum of Understand ... Read More

Bank of Sharjah is pleased to announce the appointment of Damian White as the new Head of Treasury. This appointment comes as part of the Bank’s efforts to strengthen its human capital, accelera ... Read More

A secure and cost-effective solution with smart features that give clients control and visibility to optimize their cash management position  Emirates Development Bank ("EDB" o ... Read More

   Islamic Arab Insurance Company (DFM listing: “SALAMA”), UAE’s largest Takaful solutions provider, has strengthened its regional position with the opening of its conte ... Read More

  HyperPay, a leading payment gateway provider in the MENA region, showcased its innovative payment solutions and services at the prestigious Arabian Travel Market (ATM), which was held from M ... Read More

  The much-awaited Grand Finale of the FinTech World Cup (FWC) hosted by Trescon in partnership with Dubai FinTech Summit (DFS), VISA, Emirates NBD & Amazon Web Services (AWS), witnessed c ... Read More

  The Middle East and North Africa (MENA) region has emerged as one of the main regions driving growth in affluent travel, recording high spends, while also displaying an appetite for sustaina ... Read More

Ajman Bank has reported an all time high quarterly profit in Q1 2024 of AED 107.4 million. This is on the back of a 7.0% increase in total operating income to AED 400.3 million as compared to AED 374. ... Read More

  The 2nd edition of Dubai FinTech Summit (DFS) organised by Dubai International Financial Centre (DIFC), under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid A ... Read More

  Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, will be marking its presence, as the Founding Partner and Premium Banking Partner, at ... Read More

His Excellency Mohamed Hadi Al Hussaini, UAE Minister of State for Financial Affairs, today met with Ousmane Dione, Vice President, Middle East and North Africa, World Bank Group, at the UAE Ministry ... Read More

The UAE Ministry of Finance participated in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held from 27 to 30 April 2024 in Riyadh, KSA. This year's annual meetings coincided with ... Read More

The Emirates Institute of Finance (EIF), a regional leader in banking and finance training, officially commenced its Future Tech Leaders Program on April 22. The initiative is scheduled to run for 12 ... Read More

Held in partnership with the Ministry of Industry and Advanced Technology EDB’s total financing across the UAE reached AED10.4 billion by Q1 2024. 64% of EDB’s total financin ... Read More

  Emirates General Petroleum Corporation (Emarat) celebrated the one-year anniversary of its loyalty program EmCan, boasting over 400,000 members to date. EmCan stands as one of the most popul ... Read More

  Bank of Sharjah, one of the leading commercial banks in the UAE, reaffirms its commitment to expanding its presence in local, regional and international markets. Accordingly, the Bank has ac ... Read More

Arab Bank Group reported solid results for the first quarter of 2024, with 17% increase in net income after tax reaching $252.8 million as compared to $216.3 million for the same period last year. The ... Read More

Visa Everywhere Initiative tasks fintech startups with solving today’s most pressing payments and commerce challenges, with monetary prizes, global exposure, and validation from one of the wo ... Read More

  Aafaq Islamic Finance, a leading provider of financial services in the UAE, is pleased to announce a strategic partnership with NWTN, an eco-conscious mobility technology company. This colla ... Read More

SALAMA records Takaful revenue of AED 1.111 billion Total assets are AED 3.613 billion The company reports a net loss of AED 139.327 million SALAMA commits to strengthen its balance sheet an ... Read More

  The sixth edition of the EcoLearn Summit 2024 – From Dubai to the World sponsored by Tickmill LTD, concluded successfully, leaving attendees inspired and equipped with invalu ... Read More

  Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud pr ... Read More

Special commemorative logo unveiled to mark 20th anniversary Bank remains committed to advancing Dubai’s status as the global capital of the Islamic economy    Emirates ... Read More

  Fitch Ratings has affirmed Ajman Bank PJSC’s (AJB) Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook and Viability Rating (VR) at ‘b+’. C ... Read More

  HyperPay, the leading payment gateway provider in the MENA region, signed a collaboration agreement with Capital Bank intending to drive the future of streamlined payment gateway s ... Read More

   Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has lauded the success of the InnovAIte Hackathon, the first student-led na ... Read More

  The leading global professional services firm, Deloitte, hosted the seventh annual Financial Crime Symposium in Dubai, gathering professionals from various sectors of the global financial se ... Read More

  Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, continues to drive its actionable commitment towards ... Read More

 Bank of Sharjah, one of the leading commercial banks in the UAE, reaffirms its commitment to expanding its presence in local, regional and international markets. Accordingly, the Bank has acted ... Read More

  Visa (NYSE: V), the world’s leader in digital payments, Merex Investment, and PayMate have partnered to digitise rental collections through Visa’s BPSP solution provided by PayMa ... Read More

  Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to Dubai Electronic Security Center (DESC). This signif ... Read More

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has enacted amendments to the Employment Law, Trust Law, Foun ... Read More

 Emirates Development Bank ("EDB", the Bank), the key financial engine of UAE economic development and industrial advancement, today announced a new partnership with KLAIM, a UAE-based ... Read More

NBF held its Annual General Assembly Meeting (AGAM) today at Novotel Hotel, Fujairah, United Arab Emirates, where shareholders approved the distribution of profits equivalent to 15% of paid-up capital ... Read More

  Visa, a world leader in digital payments, today unveiled a new partnership with the renowned Egyptian football legend Mohamed Salah to be a Visa Ambassador for the United Arab Emirates, Egyp ... Read More

  Sultan Al Jaber: The Bank continues to deliver extraordinary impact in line with efforts to diversify the UAE’s economy Unparalleled results bringing the total net financing appro ... Read More

  UAE outbound travelers are increasingly safeguarding their travel experience through digital payments, with 70% opting for digital wallets during trips, according to the 2023 Global Travel I ... Read More

H.E Ahmed Al Naqbi: In the dynamic global trade and exports space, trade and supply chain finance are key catalysts of business growth and international expansion.” Emirates Development ... Read More

His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank, chaired the bank’s board meeting. The meeting, which was held at the Ajman Bank headquarter toda ... Read More

Award recognizes the bank’s long tenor patient debt approach and innovative financing solutions to empower businesses and drive economic impact. Emirates Development Bank ("EDB&quo ... Read More

 Emirates Airline Festival of Literature hosted a special ceremony to celebrate and honour the winners of the Poetry for All Competition, sponsored by Emirates NBD, a leading banking group in the ... Read More

   The Formula One grid is charging into the 2024 season with a new look and new support. Today, Red Bull F1 Teams and Visa (NYSE: V) announced an unprecedented multi-year agreement where ... Read More

  Finastra, a global provider of financial software applications and marketplaces, today announced it is working with Databricks, a data and AI company, to provide more value-added solutions a ... Read More

   Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has strengthened its senior management profile with the ap ... Read More

  With the successful transformation of e& to a technology group, e& has flourished into a leader of Middle Eastern and African (MEA) brands. The 2024 Brand Finance Global 500 Report u ... Read More

  TPAY MOBILE, META’s most reliable digital micropayments facilitator, today announces through its partnership with Tencent, the launch of Direct Carrier Billing for PUBG MOBILE in Egypt ... Read More

  Wellington Management (“Wellington”), one of the world’s largest independent investment management firms, with more than USD1.1 trillion assets under management global ... Read More

  Qashio, a leader in fintech innovations, in partnership with CredibleX, MENA’s pioneering embedded finance platform, has announced the launch of ‘Qashio Financing’. This ne ... Read More

  As the world progresses at an unprecedented pace, waves of remarkable evolution can be witnessed across various sectors and realms of society. This impact can also be seen across financial s ... Read More

Sohar International, acclaimed as Oman's fastest-growing bank, proudly announces the initiation of its office operations in the Capital City of Riyadh, Kingdom of Saudi Arabia. Following approval ... Read More

The Banker Magazine, owned by the Financial Times and based in London, named Arab Bank as Bank of the Year in the Middle East for 2023. The announcement came during The Banker’s “Bank of T ... Read More

  As part of its ongoing commitment to enhance the welfare of its workforce, the UAE has unveiled a transformative initiative to replace conventional end-of-service schemes with Voluntary Alte ... Read More

  Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that its 60-second online fund transfer service ‘QuickRemit’ is now available for ... Read More

  Century Financial, the pioneering investment services company in the United Arab Emirates, is pleased to announce the appointment of Ulas Akincilar as its new Chief Product Officer. Mr. Akin ... Read More

Grand prize of AED 1 million and total cash awards of AED 3 million for lucky winners • Every Foreign Exchange and Trade transaction will give customers a chance to win   Emirates NBD, ... Read More

His Excellency Mohamed Hadi Al Hussaini, UAE Minister of State for Financial Affairs, met with His Excellency Michael McGrath TD, Minister for Finance in the Government of Ireland, at the UAE Ministry ... Read More

  Ajman Bank’s Head of Marketing and Corporate Communications, Maryam Al Shorafa, has been honored with the esteemed WOMANi 2023 Award by Cambridge IFA in ‘Women Influential Award& ... Read More

 In conjunction with the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, COP28, held in Dubai Expo City, Emirates Development Bank (&ld ... Read More

  Abu Dhabi Islamic Bank, one of the leading global Islamic banks, is pleased to list the world’s first USD-denominated green Sukuk on Abu Dhabi Securities Exchange (ADX”), the 2nd ... Read More

   Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, and Huawei, a leading global provider of ICT infrastructur ... Read More

  Mining Grid, blockchain technology-based startup providing innovative solutions in digital assets, today announced the launch of its first ‘Mining Race’, a cutting-edge initiativ ... Read More

Qashio, a multi-award-winning Fintech company providing financial tools, Corporate Cards and Expense Management solutions is launching ‘Qashio Insurance’ their own branded Health Insurance ... Read More

  Kuwait Fund for Arab Economic Development is taking part in the 28th edition of the UN Climate Change Conference (COP28), set to be held in Dubai from November 30th to December 12th, 2023, a ... Read More

• Improved financing structures and implementation could help drive down the cost of the transition to net-zero in developing economies by nearly 40%   Ahead of  the 2023 United N ... Read More

  Ajman Bank has initiated a strategic partnership with Mastercard to launch cross-border payment services for person-to-person (P2P) fund transfers through Ajman Bank’s Digital Banking ... Read More

Bank’s increased focus on personalization has boosted customer experience, visitor traffic and revenue Emirates NBD wins ‘Best Commerce Experience’ at 2023 Sitecore Experience ... Read More

  The 16th edition of DIFC Art Nights, under the theme of ‘Expressions for Sustainable Change’ got underway with its opening night in Gate Village, DIFC on 23 November. The open ... Read More

  BKN301 Group, a Fintech company offering Innovative Payments and Banking- as-a-Service solutions with a focus on high-growth markets especia ... Read More

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, organised a comprehensive financial education programme for secondary school students at Dar Al Marefa Private School. ... Read More

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, in partnership with Visa (NYSE: V), the world's leader in digital payments, has introduced the new Visa Installments Solutio ... Read More

Bank of Sharjah, a leading financial institution listed on the Abu Dhabi Securities Exchange (ADX), is pleased to announce it has appointed QMM, ADX’s leading market maker, as its official liqui ... Read More

Agreement signed recently will promote and deliver two certifications to develop green finance and sustainable finance capabilities of finance practitioners Collaboration reinforces commitment to ... Read More

The Dubai Islamic Insurance & Reinsurance Company PJSC (AMAN) has announced the achievement of promising financial results during the third quarter of the current year, 2023. AMAN Insurance C ... Read More

SALAMA reported a 19% increase in net profit, reaching AED 18.6 million for 9M 2023, and a notable 21% growth in revenue, amounting to AED 824.3 million for 9M 2023 The company's substantial ... Read More

  His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank, chaired the bank’s board meeting. The meeting, which was held at the Ajman Ruler& ... Read More

Raiven Capital today announced the launch of a new venture capital fund with a target size of USD125 mn in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle E ... Read More

Visa, a world leader in digital payments, and Reward, a global pioneer in bank loyalty, are joining forces to introduce Visa’s Card Linked Offers solution in [insert market]. Through the partner ... Read More

  Italy is leading the charge in cultivating a sustainable digital economy, as the country proudly takes the spotlight as the only European nation represented at the Expand North Sta ... Read More

  Elm, a pioneer in digital solutions, signed two memorandums of understanding (MoUs) to enhance cooperation with the Ministry of Digital Economy and Leadership in the Hashemite Kingdom of Jor ... Read More

Ajman Bank, one of the UAE’s leading financial institutions, unveiled a pivotal step in its digital transformation journey at the Ajman Digital Government pavilion during GITEX Global 2023. The ... Read More

  Ajman Bank set new digital banking benchmark showcasing its instant bank account feature in ‘Ajman Bank Digital’ app at the Ajman Digital Government pavi ... Read More

Participating card issuers and acquirers in UAE, Saudi Arabia and Qatar will be able to offer eligible Visa cardholders flexible and transparent installment payment plans at merchant checkouts, both i ... Read More

With great pleasure, we announce that LiteFinance Global LLC, a prominent entity in the Forex trading industry, has been honored with a prestigious accolade, marking its entry into the 'Top 100 Tr ... Read More

Zoho Corp., a leading global technology company, revealed that it has invested AED 43 million into local partnerships since the pandemic started to help UAE businesses digitise their operations. To da ... Read More

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has launched the ‘National Digital Talent Incubator’ program, as a part of ... Read More

Arab Bank announced the successful issuance of USD 250 million in Additional Tier 1 (AT1) Capital Securities. The milestone marks the first sustainable perpetual AT1 issue in Jordan. The bond, whic ... Read More

Bank wins title of ‘Most Innovative Islamic Bank’ and ‘Best Islamic SME Bank’   Emirates Islamic, one of the leading Islamic financial institutions in the UAE, won m ... Read More

This is Gulf Capital’s third acquisition for its US Revenue Cycle Management Platform and its fifth for its global RCM platform spanning the US, ME, and Australia Gulf Capital, one of the lar ... Read More

  Dubai is poised to elevate its stature as a leading advocate for global climate change action and sustainable finance innovation with the fast-approaching Future Sustainability Forum (&ldquo ... Read More

• EDB approved AED3.15 bn in financing for the manufacturing sector to support industrial transition since the launch of the UAE Industrial Strategy 'Operation 300bn.'   Emirat ... Read More

  H.E. Abdulla bin Touq Al Marri, Minister of Economy, visited the startup incubator ‘Station F,’ the Airbus Innovation Center, and the headquarters of First Abu Dhabi Bank in Fran ... Read More

Collaboration and the right technology are key to overcome the challenges of digital trade and to accelerate ESG initiatives   Finastra, a global provider of financial software applications ... Read More

  In a strategic move designed to reinforce its commitment to rigorous sanctions systems testing, Al Fardan Exchange, the leading money transfer and currency exchange firm, licensed and regula ... Read More

  Emirates NBD, a leading banking group in MENAT (Middle East, North Africa and Türkiye), has successfully completed the roll-out of its enhanced mobile banking app, ENBD X. Engineer ... Read More

As digital payments go from being an option to a way of life, new research reveals what’s next: cross-border sales   Visa (NYSE: V) today revealed findings from the seventh edition of ... Read More

  IFS, the global cloud enterprise software company has announced the appointment of Hoda Mansour as the Chief Operating Officer for Asia Pacific, Japan, Middle East & Africa (APJ, ME& ... Read More

  The license from the Entrustment and Liquidation Center (Infath) reinforces Wasalt’s commitment to provide users with experiences that meet their expectations Sale agents can list ... Read More

Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, is participating in the fifth annual Future Food F ... Read More

Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, is participating in Ru’ya - Careers UAE Rede ... Read More

Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE, and the subsidiary of Al Ansari Financial Services’ PJSC [DFM: ALANSARI], crowned Moustafa Ab ... Read More

  Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, is displaying its innovative fi ... Read More

  Mastercard’s strategic partnership with Delivery Hero, the world’s leading local delivery platform, continues to fuel the growth of the ecommerce  in the Middle East an ... Read More

The United Arab Emirates (UAE) financial wealth is anticipated to experience a robust Compound Annual Growth Rate (CAGR) of 5.5% in new wealth, rising from USD 1 trillion to USD 1.3 trillion from 2022 ... Read More

Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), today announced that it has successfully completed the sale of ... Read More

In line with the focus of boosting SMEs and the national economy, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region reports a 34% increase in lendi ... Read More

The partnership sees YOUGotaGift enter into the gift card processing market with a brand-new Omni-channel Gift Card solution - YOUProcess.   Under the partnership, YOUGotaGift will ... Read More

  Follows the launch of DIFC’s Metaverse Platform earlier this year in line with the Dubai Metaverse Strategy.   ‘DIFC Metaverse Accelerator Programme’ att ... Read More

 Bank of Sharjah one of the leading commercial banks in the UAE, continues to be committed to developing and expanding its financing efforts locally. Accordingly, the Bank has recently participat ... Read More

  Unifonic, the Middle East’s leading customer engagement platform, is proud to present its AI-powered Chatbot, at the Seamless Saudi Arabia 2023 event. As a key player in the region& ... Read More

Previous Head of Lebanon and senior SEMED advisor   The European Bank for Reconstruction and Development (EBRD) has appointed Gretchen Biery Director for its eastern Mediterranean region, l ... Read More

• The DIFC-incubated fund will invest in Shari’ah-compliant opportunities in the healthcare sector. • Employing an income-generating investment framework characterized by low volatilit ... Read More

  Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced a partnership with J.P. Morgan Payments to strengt ... Read More

Prime Minister H.E Mohammed Shia’ Al Sudani endorse Visa’s education drive Visa will run several training and education programs for Iraqi merchants to raise understanding and aware ... Read More

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has proposed the enactment of amendments to the Employment La ... Read More

  Al Ansari Financial Services’ PJSC [DFM: ALANSARI], announced that its subsidiary Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE, e ... Read More

New DIFC premises will enable Alantra to provide financial services to clients in the region and beyond   Alantra, the independent global mid-market financial services firm headquartered in ... Read More

In support of Accident-Free Day by the Ministry of Interior and General HQs of the Police   Insurance House PJSC (IH), one of the leading insurance institutions in the United Arab Emirates, ... Read More

  NymCard joins Visa’s Ready To Launch program as the first payment processor to handle the onboarding process in the MENA and Pakistan region Visa, the world's leader in digital ... Read More

Network International (Network), the leading enabler of digital payments and commerce across the Middle East and Africa (MEA) region, has announced an investment of EGP 1 billion to accelerate economi ... Read More

The spend management fintech will partner with Mastercard to make corporate expense management cashless, transparent and flexible   Mastercard, a global technology company, is partnering wi ... Read More

Sukoon Insurance has received approval from Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from Dubai International Financial Centre (DIFC), ... Read More

Response Plus Holding PJSC - one of the leading providers of onsite emergency and healthcare services in the United Arab Emirates - has just released its half-year results for the period ending on Jun ... Read More

 Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, has inked a Memorandum of Understanding (MoU ... Read More

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has received the ‘Best Islamic Real Estate Deal’ award at the prestigious Eurom ... Read More

• Strategic alliance drives shared goal of boosting UAE’s cashless economy • Aims to provide MSMEs access to additional digital payment solutions noqodi, a leading fintech company h ... Read More

Leading UAE financial institution Finance House PJSC today released its condensed consolidated interim financial statements for the first half year ended 30 June 2023.      The ... Read More

  Highlights: H1 2023 net profit recorded at AED 12.26 million. Insurance revenue soared by 28% to AED 544 million. Shareholders' investment income increased substantially by 261 ... Read More

Delivered in collaboration with PwC’s Academy Middle East, the globally recognised, certified diploma programme equipped participants with comprehensive knowledge of the new UAE Federal Corpo ... Read More

  Recent studies reveal that 81 percent of employees are more likely to remain with organizations offering enhanced benefits, with workplace savings services topping the list of desired perks. ... Read More

Insurance House PJSC (IH), one of the leading insurance institutions in the United Arab Emirates, predominantly recognised for offering exceptional insurance services and competitive insurance product ... Read More

  The seminar supports over 880 women-owned and led businesses by addressing their specific needs. She’s Next final ceremony in the UAE will be held on September 11th in partnership ... Read More

United Arab Emirates, 10 August 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has announced its H1 2023 financial results. Net profi ... Read More

State-of-the-art facility at Index Tower, DIFC, offers same or next-day biometric appointments to speed up UAE residency visa process in Dubai Residents can avail medical fitness results within ... Read More

In line with its efforts to assist local authorities in addressing current socio-economic challenges, the United Nations Development Programme (UNDP) and the United Nations Human Settlements Programme ... Read More

• New office is an extension of Visa’s culture of collaboration, innovation, and inclusivity • Visa commits ongoing support to local partners to drive digitalization of payment landsca ... Read More

The Commissioner of Data Protection of the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has issu ... Read More

 In an exciting collaboration, STARZPLAY, one of the region's top three subscription video-on-demand (SVOD) services, has announced a strategic partnership with TPAY, the leading payments pro ... Read More

Bank invests EGP 927 million (€ 27 million) in El Taamir’s securitisation local currency bond issuance   The European Bank for Reconstruction and Development (EBRD) is ... Read More

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has signed the UAE Climate-Responsible Companies Pledge initiated by the UAE Ministry of Climate ... Read More

Network International (Network), the leading enabler of digital commerce in the Middle East and Africa (MEA), has collaborated with MishiPay Ltd., the leading provider of mobile self-checkout technolo ... Read More

Egypt recorded 147 per cent increase in number of bank account holders, digital wallets and more, between 2016 and 2022. . Mahesh Paolini-Subramanya has been appointed as the new Chief Technology Offi ... Read More

 A remarkable business collaboration is set to intensify between two leading entities, Continental Investments, a prominent branch of Egypt’s top-tier real estate developer, LMD Sabbour Gro ... Read More

SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced that it has arranged, on behalf of its subsidiaries and other investors, the sale ... Read More

The Doctor's Wealth Seminar 2023, an exclusive event by Sherwoods International dedicated to empowering doctors in the UAE to secure a strong financial future concluded successfully.  ... Read More

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has reiterated its commitment to accelerating digital transformation and capitalising on modern technologies to prov ... Read More

  The European Bank for Reconstruction and Development (EBRD) is providing a €50 million credit line to Bank of Africa – BMCE Group (BOA) for on-lending to micro, small an ... Read More

Mr. Waleed Shamlan Al-Bahar, Acting Director-General of the Kuwait Fund for Arab Economic Development, led the Kuwait Fund’s delegation participating in the Second International Conference for t ... Read More

  Abu Dhabi, United Arab Emirates, 25 June 2023: Emirates Development Bank ("EDB" or "the Bank"), the key financial engine driving UAE economic development and industrial a ... Read More

  Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, won four major recognitions by Euromoney affirming the bank’s status a ... Read More

 Emirates Development Bank ("EDB" or "the Bank"), the financial engine for UAE economic development and industrial advancement, highlighted the significant role of renewable e ... Read More

HyperPay, one of the leading payment gateway providers in the MENA region, was awarded the prestigious ‘Best Enterprise Solution’ award by the Entrepreneur Middle East at the Leaders in Fi ... Read More

Finance House LLC (FH), a leading United Arab Emirates lender, and the Emirates Entrepreneurship Association (EEA) have joined forces through a Memorandum of Understanding (MoU) to drive the growth an ... Read More

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, marks a significant milestone this year, with the bank celebrating its 60th anniversary. Th ... Read More

  The Oman-headquartered fintech won with an innovative solution for hospitality industry Saudi-based Lamaa won the Impact Award for positive social impact Visa, the world’s le ... Read More

Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks a significa ... Read More

The youth of Lebanon are in dire need of financial accessibility and financial literacy, as this plays a crucial role in empowering individuals to effectively manage their money and make informed fina ... Read More

Highlights: Q1 2023 net profit recorded at AED 8.04 million. Insurance Revenue increased 18% to reach AED 265 million as compared to same period last year. Total Assets stand at AED 3,556.61 ... Read More

The highly anticipated second roundtable discussion on "Shaping a Greener Future: Collaborative Strategies for the Financial Sector" took place on the 7th of June 2023 bringing together infl ... Read More

 St. James’s Place has received approval from regulators at the Dubai Financial Services Authority (DFSA) as it looks to enter the Middle East market with the opening of a new office in the ... Read More

  HyperPay, one of the leading payment gateway providers in the region, discussed the future of technology and fintech in the MENA region, and showcased its range of innovative solutions at th ... Read More

Al Ansari Financial Services’ PJSC [DFM: ALANSARI] subsidiary, Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE today announced, after obtainin ... Read More

Joins group of eight companies taking the SDG 5 Pledge to Accelerate Gender Balance in the UAE Private Sector Pledge aligns with Emirates NBD’s ongoing commitment to encourage women i ... Read More

. The exchanges agreed to establish basis for accessing investors to mutual stock markets via Tabadul platform developed by the ADX   Abu Dhabi Securities Exchange (ADX) announced today tha ... Read More

The second summit in the series took place on 7 June as part of DIFC and the Global Ethical Finance Initiative’s year-long Path to COP28 programme. Event attracted over 1,000 registrations ... Read More

AccelerateHER, a three-month accelerator programme for women, includes mentorship, workshops, and networking opportunities, and starts in September 2023. Applications now open to ... Read More

  Emirates Development Bank (“EDB” or “the Bank”), the financial engine for UAE economic development and industrial advancement, is a proud Gold Sponsor of Bonds, Loans ... Read More

Emirates Development Bank ("EDB" or "the Bank"), a key financial engine of the UAE’s economic development and industrial advancement, signed a Memorandum of Understanding (Mo ... Read More

  WeePay Wallet, a leading e-wallet in Lebanon, participated in the Agri-Food Innovation Day (AFID2023) organised by Berytech, in collaboration with QOOT and sponsored by the Embassy of the Ne ... Read More

In a strong show of support for local companies in the manufacturing sector, Emirates Development Bank ("EDB" or "the Bank"), the financial engine for UAE economic development and ... Read More

As a part of the Visa Foundation Gives initiative, Visa employees will have access to Emirates Nature-WWF’s Leaders of Change volunteering opportunities that contribute towards national sustaina ... Read More

Emirates Development Bank ("EDB" or "the Bank"), a key financial engine for the economic development and industrial advancement of the UAE, last week signed a Memorandum of Underst ... Read More

Introducing adjustments for the opening balance sheet under the Corporate Tax Law. Providing important clarifications for businesses to transition smoothly before and after the implementation of ... Read More

 Zoho, a leading global technology company, announced the launch of new corporate tax features in Zoho Books, FTA-accredited cloud accounting software to enable businesses, solopreneurs, and free ... Read More

American Express Saudi Arabia has announced the launch of the ‘Alfursan Mileonaire Miles Campaign’ held in partnership with SAUDIA, the national flag carrier of Saudi Arabia, and the airli ... Read More

Orient Insurance PJSC (Orient), a part of Al-Futtaim Group and a prominent insurance institution in the UAE, has partnered with Jebel Ali Free Zone (Jafza), DP World’s leading trade and logistic ... Read More

Checkout.com, the global payments service provider, has been granted a Retail Payment Services license from the Central Bank of the United Arab Emirates. This makes Checkout.com the first global payme ... Read More

  Devadason: We are proud to partner with NBK to bring our global She's Next program for the first time to Kuwait. Al-Awadhi: Through this partnership, we will empower women entrepren ... Read More

Visa, a world leader in digital payments and Reward, a world leader in bank loyalty, are extending their successful partnership in Europe by launching Rewards’ Global Merchant Marketplace in the ... Read More

Islamic Arab Insurance Company (SALAMA), the UAE’s largest Sharia’h Compliant Takaful solutions provider announced the appointment of Walter Jopp as Chief Executive Officer today, followin ... Read More

UAE Banks Federation, the representative and unified voice of UAE banks, revealed that the rate of digital banking services use through a number of banking channels has risen over 100%, reflecting the ... Read More

Winning campaign pays tribute to the 250-year-old Al Azi tradition, on Emirati Women’s Day Bank was also shortlisted in three radio and audio categories for one-of-its-kind ‘UA ... Read More

Mohamed Khadiri Joins Bank of Sharjah as CEO, Bringing Over 24 Years of Global Banking Experience. Bank of Sharjah Eyes Strategic Growth and Digital Transformation under New Leadership. Bank ... Read More

Emirates Development Bank ("EDB" or "the Bank"), the financial engine for UAE economic development and industrial advancement, is participating in the annual Middle East Banking In ... Read More

Founding council members include PwC and Fireblocks The Lab aims to establish a robust platform with industry experts enabling co-creation and experimentation to drive innovation in financi ... Read More

  Visa announced today the appointment of Tarek Abdalla as Senior Vice President and Chief Marketing Officer for Central and Eastern Europe, Middle East, and Africa (CEMEA). He started his pos ... Read More

• A total of over 3,000 leading international non-financial firms active in DIFC • International calibre and variety of Q1 non-financial firms establishing in DIFC, reaffirms its position as ... Read More

  Under the patronage of The Custodian of The Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud, the Islamic Development Bank (IsDB) Group’s Annual Meetings successfully co ... Read More

Emirates Development Bank ("EDB" or "the Bank"), a key financial engine for the economic development and industrial advancement of the UAE, took part Thursday in the annual MEA Fin ... Read More

Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, has been named the ‘MENA SME Bank of the Yea ... Read More

  EDB joins global companies in the industrial decarbonization action group, further enhancing its role in achieving net zero ambitions. For the UAE’s Renewables sector, EDB offers ... Read More

 Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched the new Emarati Absher Business Account designed exclusively to provide a comprehensive suite of prem ... Read More

  United Arab Emirates, 11 May 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has announced its Q1 2023 financial results. Ne ... Read More

  New priority focus sector revealed on sidelines of Climate Tech conference in Abu Dhabi Bank can offer finance up to 100 percent of the project value with a maximum tenor of 15 years an ... Read More

Ensuring a transparent and efficient tax system that promotes business growth in the UAE   Decision clarifies conditions allowing exempt persons to remain exempt under certain circumstan ... Read More

Al Etihad Credit Bureau (AECB), a UAE federal company that provides information and analytics to support credit decisions, has signed an agreement with the DIFC Innovation Hub to foster the developmen ... Read More

Eshraq records steady progress on financial strategy of successful diversification and land monetization programme Gross profit of AED 8.3 million for period ending 31 March 2023 Cash position ... Read More

 The Sharjah FDI Office (Invest in Sharjah) has emphasised to businesses, countries and regions represented at the 12th Annual Investment Meeting (AIM) that with impressive advancements in divers ... Read More

Commercial Bank International (CBI or “the Bank”) has announced its first quarter 2023 financial results.    Key financial result highlights: - Net profit increased by 6 ... Read More

Letter of Intent signed at Dubai FinTech Summit 2023 by Arif Amiri CEO of DIFC Authority and Abdulla Qassem, Group Chief Operating Officer, Emirates NBD Collaboration intends to focus on su ... Read More

Senior hire provides leadership and expands coverage to drive SHUAA’s growth ambitions Brings significant deal expertise and client relationships across the region Continues SHUAA’s ... Read More

EDB provides AED 813 million financing to mSMEs through Credit Guarantee Scheme since strategy launch.   EDB’s Credit Guarantee Scheme facilitates access to financing for UAE ... Read More

 RAK Digital Assets Oasis (RAK DAO), the world's first free zone solely dedicated to digital assets, emerging technologies, and web3, has announced the appointment of James Bernard as Chief C ... Read More

  800 Million New Shares to be Issued, Solidifying Sharjah Asset Management's Strategic Shareholding to 40% Bank of Sharjah's Total Capital Surges to AED 3 Billion, Poised f ... Read More

Bank supports SMEs and large corporates and provides financing of sectors and investment projects that are key for the UAE's economic diversification and future development. Emirates Deve ... Read More

Growth in the MENA region was resilient in 2022. GDP grew by 5.3 per cent, reflecting strong domestic demand and a rebound in oil production. Growth is projected to slow to 3.1 per cent in 2023 d ... Read More

3-year agreement signed between ABK and GBM to enhance security infrastructure through automation and machine learning Gulf Business Machines (GBM) has signed a 3-year agreement with Al Ahli Bank o ... Read More

·          The globally recognised certification prepares the financial services community for the UAE federal corporate tax law that comes into effect f ... Read More

Arab Bank Group reported solid results for the first quarter 2023, with 30% increase in net income after tax reaching $216 million as compared to $166 million for the same period last year.  T ... Read More

The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the first quarter of 2023 (“Q1’23”)   Highlights Q1 2023 ... Read More

NBF is pleased to announce its results today for the three month period ended 31 March 2023.   Highlights:    NBF recorded year-on-year growth of 151.8% to close the three mon ... Read More

The partnership aims to make Visa's recruitment process more inclusive and accessible for people of determination. As launch partner of ImInclusive’s Digital Learning Academy, Visa wi ... Read More

Islamic Arab Insurance Company ("SALAMA"), the UAE's largest Shari'ah-compliant Takaful solutions provider, today announced the appointment of a new Chairman and Vice Chairman to the ... Read More

  Emaar Properties PJSC (DFM: EMAAR) held its Annual General Meeting (AGM) where the Board of Directors reported the company’s strong performance in 2022 and discussed the rigorous measu ... Read More

    Dubai, United Arab Emirates, 19 April, 2023: Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the nation, and Emir ... Read More

Dubai National Insurance & Reinsurance PSC (DNI), one of the leading multi-line insurance providers in the country, held its Annual General Meeting on Tuesday, 18 April 2023, where shareholders ap ... Read More

Visa Everywhere Initiative tasks startups with solving today’s most pressing payments and commerce challenges, with monetary prizes, global exposure, and validation from one of the world&rsqu ... Read More

Emphasizes continuous support for sporting activities  Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has announced that it will be extendin ... Read More

EDB’s ‘AA-’ rating reflects the Bank’s highly strong capacity to meet its financial obligations   Ahmed Mohamed Al Naqbi: “This rating affirmation is a ... Read More

UAE Banks Federation Board of Directors convened its first meeting for the year 2023 on March 16th under the leadership of His Excellency Abdulaziz Al-Ghurair, Chairman of the Board of Directors of UA ... Read More

Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement in the United Arab Emirates (UAE), has partnered with the UAE Ministry of Economy’ ... Read More

Visa Eco Benefits is designed to help consumers understand the impact of their spending on the environment when using their debit or credit card The solution gives financial institutions the tools ... Read More

The ‘Social Innovation Incubator (SII) For Women’s Employment’ program by Women Choice will support women entrepreneurs to create employment opportunities Partnership with Women ... Read More

Emirates Islamic wins three awards in the UAE: ‘Best Retail Bank, ‘Most Innovative Bank’ and ‘Best Digital Offering’ Emirates Islamic, one of the leading Islamic finan ... Read More

Pioneering marketing agency YAAP, geared toward expansion and growth in the GCC region, has inducted seasoned diplomat and business strategist His Excellency Dr Ahmed Abdul Rahman AlBanna to its advis ... Read More

BIDAYA Home Finance, Saudi Arabia’s leading non-bank provider of real estate financing products, today announced the launch of a brand-new portfolio of financing solutions tailored exclusively f ... Read More

Company to require all payment cards to be Card Eco Certified by 2028 Mastercard today announced it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network ... Read More

Strategic collaboration to support FinTechs in the Kingdom, aligned to Saudi Vision 2030 Alinma Bank, an integrated financial services provider and one of the largest banks in the Kingdom of Saudi ... Read More

In a continuation of its long-term partnership, Mastercard and Saudi Food Bank (Etaam) joined forces with Amazon to provide SAR750,000 worth of meals to people and families across the Kingdom dur ... Read More

Visa remains committed to ensuring young people are made financially aware by equipping them - through local initiatives - with the knowledge, skills and requisite behaviors required to boost their fi ... Read More

Visa cardholders will enjoy the speed and convenience of contactless digital payments during Bus Rapid Transit commutes. The collaboration is in line with Visa’s global efforts to improve ... Read More

  United Arab Emirates, 23 March 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has received board approval for its audited f ... Read More

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched their “Trade More, Earn More” campaign to incentivise small and medium-sized businesses to use ... Read More

Islamic Arab Insurance Company, listed as “SALAMA” on DFM, has received board approval for its audited financial statements for the year ended December 31, 2022.   Highlights:&n ... Read More

Al Etihad Credit Bureau (AECB), a company that provides information and analytics to support credit decisions, has announced a collaboration with Nakheel PJSC. The strategic collaboration aims to d ... Read More

  The Financial Restructuring MENA Conference, hosted by Abu Dhabi Global Market (ADGM) brought together large corporates, family offices, MENA’s largest banks by assets and key stakehol ... Read More

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, concluded its Annual General Assembly (AGM) with the approval of the bank’s 2022 f ... Read More

  Programme reinforces Group’s vision of having 25% of senior leaders being female by 2027 and supports its diversity, equity and inclusion agenda Aligned with the UAE government&r ... Read More

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today the appointment of Bushra Al-Shehhi as the new Chief Human Resources Officer. Bushra will now oversee the management of ... Read More

New solutions will enhance online payment services through Mastercard Payment Gateway Services (MPGS) technology  MPGS will enable consumer access to a range of benefits including added conv ... Read More

    Sharjah: Bank of Sharjah PJSC (Abu Dhabi SE: BOS) (the “Bank” or the “Group”), one of the leading commercial banks in the UAE, was awarded the J.P. Morgan C ... Read More

Edmond de Rothschild Group strengthens its investment and long-term commitment to the region with the opening of an advisory office – Edmond de Rothschild (Middle East) Ltd – in Dubai Inte ... Read More

Deloitte hosted an event at the Ritz Carlton DIFC, to discuss "IFRS updates and emerging trends in the United Arab Emirates". The event was attended by key stakeholders, including industry l ... Read More

Tap Payments Middle East, Official Payment Partner of LEAP 2023, signs multiple strategic partnerships Tap Payments made waves at LEAP 2023 in Riyadh, Saudi Arabia, as they announced a record-break ... Read More

  Zoho, a global technology company, announced that in the five years since starting its operations in the UAE, which serves as its Middle East and Africa headquarters, the company has grown 1 ... Read More

    Revenue EBITDA Net Profit Q4 2022 AED 50.8m -38% YoY AED 38.6m ... Read More

Islamic Arab Insurance Company, listed as “SALAMA” on DFM, announced its preliminary results for the 2022 fiscal year.     Highlights:    Net profit ... Read More

  Mastercard today announced that it is partnering with Network International, the leading enabler of digital commerce across the Middle East and Africa, to address fraud, declines and chargeb ... Read More

Mastercard helps to expand e-commerce payment services and digital offerings to all EazyPay merchants    Mastercard, a technology leader in the global payments indu ... Read More

  December 16, Dubai, United Arab Emirates: Dubai Cyber Innovation Park (DCIP), the Research and Knowledge Arm of Digital Dubai represented by the Dubai Electronic Security Center launch the & ... Read More

Dubai has become a bridge for FinTech and innovation firms seeking a gateway into the Middle East, Africa and South Asia More than 3,000 applications received to date for the market-leading DIFC ... Read More

  Bank creates ‘UAE Space Anthem’ - first-ever rendition of the UAE national anthem Ishy Bilady using sounds from space Campaign to reflect bank’s commitment to UAE&rsq ... Read More

 Network International, the leading enabler of digital commerce in the Middle East and Africa, and American University of Sharjah (AUS), a regional leader in education and research, initiated tod ... Read More

Network International, the leading enabler of digital commerce in the Middle East and Africa, and American University of Sharjah (AUS), a regional leader in education and research, initiated today a c ... Read More

91% of consumers across MENA made purchases on eCommerce in 2022, up from 87% in 2021 More than half of MENA consumers purchased food online in the past year 82% of consumers in MENA report usi ... Read More

Fincasa’s business unit Star Runner Property to lead way in boosting firm’s industry footprint Announcement made amid strong performance of Dubai’s real estate market Dubai ... Read More

      Six-week virtual training course “GeideAct” is part of Geidea’s c commitment to accelerating learning and building an inclusive fintech sector  &m ... Read More

 National Bank of Fujairah (NBF) has won three awards at the prestigious MEA Finance Industry Awards 2022, including “Best Commercial Bank – UAE”, “Best SME Bank” an ... Read More

Dubai Airports in collaboration with its service partner Mawgif has made paying for car parks across Dubai International (DXB) a breeze for airport users with the launch of a new mobile payment option ... Read More

Strategy& analysis shows sustainable fintech growth will boost financial services and the GCC’s overall ambitions of economic diversification and increased innovation  Number ... Read More

 Emirates NBD Unity Run 2022 and Aquafina join forces to offer participants an opportunity to run a greener race. Aquafina, the event’s Official Hydration Partner, will provide innovative w ... Read More

Leading figures, experts from the local and international arbitration community, and representatives from various government and private bodies, came together for a one-day event in Dubai today, organ ... Read More

Subscription revenue grew 27% quarter-on-quarter with total revenue growing in line 29% year-on-year from $24.5 million to $31.7 million Q3 2022 gross profit improved by 13% year-on-year, wit ... Read More

Liv. to support customers in their investment journey Part of Emirates NBD Group’s digital-first approach to enhance IPO subscription experience Individual investors to enjoy seamless, ... Read More

The cryptocurrency space is renowned for its dynamic growth, and MidChains is another example of that. Driven by the demand for diversified financial portfolios and wealth protection, the Mi ... Read More

Network International has today announced its strategic deal with Reward, a global Customer Engagement Platform provider in payments and commerce. Reward’s capabilities and content is centr ... Read More

KPMG has released its bi-annual “Survey of Sustainability Reporting 2022,” examining sustainability reporting trends around the globe – including Saudi Arabia and the Middle East reg ... Read More

  Net profit for 9 months’ period of year 2022 of AED 481 million Book value per share stood at AED 0.92 comprising entirely of tangible real estate and financial assets Noteworth ... Read More

  Net profit attributable to shareholders of AED 20 million in Q3 2022 compared to a net loss of AED 170 million in Q2 2022 underpinned by strong revenues. Third quarter net operating inc ... Read More

First nine months 2022 net profit increases 242% reaching AED 867 million; and 14 new routes launched in the same period.  Air Arabia (PJSC), the Middle East & North Africa’s f ... Read More

India represents important and strategic growth market for the Group backed by USD 300 million investment New branches in Gurugram and Chennai added to bank’s existing full-fledged branch ... Read More

65% of UAE consumers used smartphones at some point throughout their most recent retail journeys while over a third completed their last purchase entirely via a smartphone 72% of customers in the ... Read More

 The Authority of Social Contribution – Ma’an hosted a virtual graduation ceremony for the fifth cohort of the Ghaya Financial Literacy Programme, an innovative social initiative to i ... Read More

Zurich International Life (Zurich) has won the Digital Transformation Company of the Year award at the GB Tech Awards 2022, held on 2nd November 2022 in Dubai. GB Tech Awards is a Motivate Pub ... Read More

Spain & Real Madrid legend’s illustrious career celebrated by ‘Los Blancos’ stars at launch of new coin range Leading precious metal asset firm, Rosland Capital, last nig ... Read More

DIFC continues to attract exceptional interest from FinTechs across the globe Arif Amiri, CEO of DIFC Authority led delegation at Singapore Fintech Festival, boosting collaboration with FinTechs ... Read More

The social media platform lays out a comprehensive roadmap for accessing the business and investment ecosystem as well as a portal to the emirate’s working and living environment. Mo ... Read More

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), and Mastercard, a technology leader in the global payments industry, are launching a 3-D Secure ... Read More

Visa Masters of Movement auction on Crypto.com features NFTs inspired by iconic goals scored by five legendary footballers, with all auction proceeds benefitting UK charity Street Child United Fa ... Read More

The merger of the home-grown Saudi brands in the payments space aims to create best-in-class payment experiences for more business segments in the MENA region PayTabs — Middle East, Africa, a ... Read More

  Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, and the International Monetary Fund (IMF) today co- ... Read More

  Al Ansari Exchange hired over 150 UAE nationals in its new call centre as part of its commitment to the UAE’s Emiratisation efforts to boost the national workforce in the private secto ... Read More

   Darwinbox, a global HR tech unicorn, has bolstered its presence in the Middle East and North Africa (MENA) region with the opening of a new office at Dubai International Financial Cent ... Read More

Ras Al Khaimah Economic Zone (RAKEZ) tied up with the region’s first fully-digital financial platform Wio Bank. The partnership offers RAKEZ companies of all sizes with access to the latest digi ... Read More

NBF is pleased to announce its results today for the nine month period ended 30 September 2022. Highlights:  NBF recorded year-on-year growth of 155.1% to close the nine month period at a net ... Read More

Mashreq, one of the leading financial institutions in MENA, today has reported its financial results for the nine months ending 30th September 2022. Key highlights:   1. Strong Growth in ... Read More

Over 35%[1] of businesses in MENA have seen an increase in payments fraud since the pandemic, while 65% of businesses in the region are struggling to prevent payments fraud Total e-commerce in th ... Read More

Ras Al Khaimah Economic Zone (RAKEZ) partnered with Mamo, a UAE-based fintech company, to provide RAKEZ clients access to the latest innovative digital payment solutions, offering them complete ease a ... Read More

UAE’s leading community run for inclusion of people of determination will take place Saturday, 19 November 2022 in Dubai Design District    Emirates NBD, a leading banking group ... Read More

Video campaign spreads breast cancer awareness through sign language  Emirates NBD, a leading banking group in the Middle East, North Africa and Turkey (MENAT) region has released an inspiring ... Read More

Programme aligns with the UAE’s COP28 agenda DIFC is host financial centre for 12-month path to COP28 programme, working with Global Ethical Finance Initiative (GEFI) DIFC and GEFI invite ... Read More

Abu Dhabi Commercial Bank PJSC (ADCB) is the highest ranked GCC bank and one of the region’s top five companies in the Forbes “World’s Best Employers 2022” list of 800 global f ... Read More

DIFC and Global Start-up Studio Network (GSSN) have entered into an agreement to advance the venture studio model Future-proofs and increases relevance of venture studio model to start-up and inn ... Read More

Visa launches new global version of the Financial Football game, bringing together entertainment and financial education in an action-packed virtual game Visa to engage fans, athletes and commun ... Read More

The conference held sessions with leading industry figures including Minister of Finance, Minister of Municipality, Rural Affairs and Housing and Chairman, Capital Market Authority (CMA) More tha ... Read More

112 lucky customers to win daily prizes including experiences across Emaar To celebrate the fourth anniversary of its U By Emaar Visa Credit Card, launched in partnership with U By Emaar, the custo ... Read More

His Excellency Essa Kazim, Governor of DIFC led delegation to US Coincided with global gathering of world and finance leaders at the IMF and IIF Annual Member Meetings in Washington, where DIFC w ... Read More

Mastercard welcomes Jordan Kuwait Bank (JKB) as a global partner of Mastercard Fintech Express, which unites tech-savvy start-ups. The program supports digital payment innovators by facilitating colla ... Read More

  DIFC delivers regional benchmark in data centre performance, resilience, sustainability and efficiency Awards underline the growing importance of data centres in the region Tier Certi ... Read More

White paper further reveals that collaboration with policymakers, regulators and companies is the most effective way for the fintech sector in Middle East and Turkey to thrive  Study highlig ... Read More

UAE residents shared approximately 600 kindness stories throughout the 22-day campaign. SALAMA awarded shortlisted participants with AED 1000 each day for the entire duration of the campaign. ... Read More

Agreement announced at GITEX Global strengthens collaboration with Microsoft on the hybrid workplace, low code, Web 3.0, sustainability, and employee wellbeing    Emirates NBD, a leadi ... Read More

Abu Dhabi Commercial Bank PJSC (ADCB) has received an upgrade to its environmental, social and governance (ESG) risk score by Sustainalytics, one of the world’s leading ESG rating agencies. ADCB ... Read More

PayerMax, an omni-method global payments solution, today announces its partnership with Shoplazza, a leading global e-commerce Software as a Service (SaaS) platform. PayerMax’s diverse ... Read More

~Showcases the latest version of TallyPrime~ Tally Solutions, the leading international business management software provider, marked a grand opening at GITEX Global 2022, which runs from 10th to 1 ... Read More

 Oman Insurance, a leading insurer in the UAE and GCC, has rebranded itself as Sukoon. The company unveiled the new corporate logo at the iconic Burj Khalifa on October 6, 2022. The grand reveal ... Read More

Bank to showcase digital and technological innovations in collaboration with the Ministry of AI, Coders HQ, DIFC Fintech Hive and Microsoft among others Emirates NBD, a leading banking group in th ... Read More

- Breakthrough solves major challenge in digital ecosystem development - Shows how digital currencies and assets could be used at scale across borders by leveraging existing financial infrastructure - ... Read More

Visa, the official payment services partner of the FIFA World Cup™, will bring the excitement of football to fans around the world and will be hosted in the Middle East region for the first time ... Read More

Seasoned banker Vikas Thapar appointed as Chief Business Officer to lead spocto operations in the MENA. spocto is part of Yubi, one of the fastest-growing fintech unicorns in the world Operating ... Read More

Long-term collaboration announced with MENA’s leading music and entertainment streaming app Mashreq to co – create content for MENA audiences and Mashreq UAE customers to enjoy Ad- and ... Read More

E-commerce’s share of UAE retail sales expected to reach 12.6 percent of total market sales by 2026. Local e-commerce websites accounted for 73 percent of total UAE retail sales in 2021. ... Read More

(Riyadh)--KPMG Professional Services, one of the leading providers of audit, tax and advisory services announced that it will add its non-Saudi Senior Directors to become shareholders in the firm. Thi ... Read More

Banque Internationale de Commerce - BRED (Suisse) SA (BIC-BRED (Suisse) SA) has selected Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and ... Read More

Bank reveals bespoke Emirati campaign: “We speak your language" UAE nationals to benefit from suite of tailored offerings UAE nationals are the key focus of the latest brand camp ... Read More

H.E. Omar Sultan Al Olama, the world’s first minister for Artificial Intelligence, added that governments, companies and individuals must help accelerate the digital economy to create opportunit ... Read More

Ciena global study explored workers’ views on using more immersive virtual platforms to collaborate at work  A new study commissioned by Ciena (NYSE: CIEN) found that 79% of Middle East ... Read More

 IMA® (Institute of Management Accountants), the association of accountants and financial professionals in business, launched a new global, integrated advertising campaign in support of ... Read More

The move will benefit the Indian diaspora in the GCC countries who can now remit money directly to 20,000 billers for domestic utility bill payments through any LuLu Exchange branch or through the ... Read More

Al Ansari Exchange today crowned Sajad Ali Batt Abdul Samad Batt, from India as the 9th millionaire of its annual Summer Promotion. The draw took place in the presence of senior officials of Al A ... Read More

The Saudi Electronic Info Exchange Company (TABADUL), the leading provider of innovative digital and smart financial services to the business and logistics sectors, announced the signing of a memorand ... Read More

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has been selected as payment and technology partner for one of the leading Suda ... Read More

The MoU, which was signed today at MoF’s headquarters in Dubai, is aimed at boosting cooperation in community initiatives and projects, exchanging internal systems and work procedures, and impro ... Read More

Regional study finds DE&I gap in MENA accounting profession In the MENA region, 53% of female respondents and 83% of respondents with a disability have left an employer due to a lack of DE&a ... Read More

ENOC Group implemented fully automate payments through Emirates NBD’s Host to Host solution ENOC Group has accelerated its digitisation strategy through a collaboration with Emirates NBD, ... Read More

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a new ‘Businesswomen Account’ curated specifically to cater and support the requirements of wom ... Read More

Agreement to drive innovation and set new benchmarks in building sustainability  Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, signed a Memo ... Read More

Ahmed Obaid Al Qaseer: Sharjah has become a premier destination for businesses and a capital of industry in the region.    Mohamed Juma Al Musharrkh: In the post-COVID world, investmen ... Read More

A new report by the Sharjah FDI Office (Invest in Sharjah) which offers key insights into the factors driving high investor confidence in the emirate’s diversified economy and its continued appe ... Read More

The 2022 Euromoney Saudi Arabia Conference is set to take place on Wednesday 7 September in Riyadh that focuses on “The Institutionalisation of Investment and Finance”, held under the patr ... Read More

-- Led IMA to record growth and global relevance --    IMA® (Institute of Management Accountants) announced today that Jeff Thomson, CMA, CSCA, CAE, the organization’s presiden ... Read More

Bank will join more than 50 global peers in the United for Wildlife Financial Taskforce In line with its commitment to champion sustainable initiatives, Emirates NBD, a leading banking group in the ... Read More

The FTA organised a series of events and activities to celebrate Emirati Women’s Day. H.E. Khalid Al Bustani: Emirati women have played a pivotal role in developing the tax system. Th ... Read More

H.E. Khalid Al Bustani: The Tax Clinic initiative is a platform for raising awareness among taxpayers and ensuring tax compliance.  Organised by the Federal Tax Authority (FTA) to establi ... Read More

Visa, the world leader in digital payments, has announced the appointment of Salima Gutieva as Vice President and Country Manager for the United Arab Emirates (UAE). Salima replaces Shahebaz Khan who ... Read More

Three lucky Emirates NBD customers win limited edition Mercedes-AMG G63 UAE Golden Jubilee Edition cars Promotion aimed at encouraging saving habits among customers Emirates NBD, a leading ... Read More

الاقتصاد العالمي يتجه نحو نمو ضعيف مع انخفاض ثقة الخبراء الماليين بشكل حاد   استطلاع الظروف الاقتصا ... Read More

Global economy set for weak growth as financial professionals’ confidence drops sharply All main global indicators fall in the Q2 Global Economic Conditions Survey (GECS), but only No ... Read More

Islamic Arab Insurance Company, listed as "SALAMA" on DFM, today announced its audited financial results for the period ending June 30, 2022. The Company reported a net profit of AED 19.20 m ... Read More

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has secured three prestigious awards at the World Finance Islamic Finance Awards 2022, recognizing the bank’s exce ... Read More

Second quarter net profit reached AED 160 million and turnover increased by 125% exceeding AED 1.11 billion. Air Arabia (PJSC), the Middle East & North Africa’s first and largest low ... Read More

Abu Dhabi, UAE; 09 August 2022: Eshraq Investments PJSC ("Eshraq" or "Company") completes acquisition of Goldilocks Investment Company Limited shares (“Goldilocks”); be ... Read More

-    One in three consumers surveyed struggle with identifying a scam -     About three quarters stated that they would like to know how security technology works ... Read More

Assets under management reach SAR13.42 billion in Q1 2022, an increase of 34.6% compared to the same period last year Alkhair Capital has strongly established itself in the top 10 out of 72 fina ... Read More

The Saudi General Insurance Committee has announced that the sixth Saudi Insurance Symposium — the largest gathering of Saudi, GCC and Middle East insurance professionals, experts, and companies ... Read More

By Jordaan Burger, Vice President Finance, Africa, Middle East and Asia-Pacific at Sage Finance leaders aspiring to become a ‘modern CFO’/ CFOs looking to digital transformation to ... Read More

Under the patronage of the Governor of the Saudi Central Bank (SAMA), Dr. Fahad Almubarak and the Chairman of the Capital Market Authority (CMA), Mr. Mohammed ElKuwaiz,  Fintech Saudi organized t ... Read More

Saudi Central Bank has launched the Joint Operations Center for banks to follow up and monitor cases of financial fraud, the Saudi Press Agency reported.    Inaugurated by the central ... Read More

Advised HSBC Bank Middle East Limited, HSBC Saudi Arabia and 10 other financial institutions, as mandated lead arrangers Global law firm Norton Rose Fulbright advised HSBC Bank Middle East Limited, ... Read More

 National Bank of Fujairah (NBF) is pleased to announce the launch of its 2022 Art Competition. Under the theme “It All Starts With Me!”, the competition is open for submissions from ... Read More

The Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Office along with Emirates NBD, a leading banking group in the Middle East, North Africa and Turkey (MEN ... Read More

IMA® (Institute of Management Accountants) announced today the appointment of Gwen van Berne, CMA, as chair of IMA’s Global Board of Directors for its 2023 fiscal year (July 1, 2022 &nd ... Read More

Dubai and Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, have topped the global ranking in attracting f ... Read More

Dubai Land Department has partnered with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, on landmark initiatives aimed at boosting and strengthen ... Read More

The IMA Student Case Competition 2022 has seen dozens of teams from Europe, AsiaPac, Middle East, and India excelling over their peers in regional championships that included more than 1300 downloads, ... Read More

Gearing up for an imminent launch, Zand, the first digital bank to provide both retail and corporate services, has announced the formation of its Board of Directors. Chaired by Shareholder, His Exc ... Read More

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA) has partnered with PhishRod, a global cyber security awareness solution provider to launch &lsqu ... Read More

Stuart & Hamlyn Chartered Accountants, a registered chartered accountant firm with the Institute of Chartered Accountants in Australia & New Zealand with worldwide offices in USA, UAE and Indi ... Read More

Islamic Arab Insurance Company (“SALAMA”), the UAE’s largest Shari'ah compliant Takaful solutions provider, today announced a partnership agreement with the Abu Dhabi Residents O ... Read More

Careem Pay introduces a digital wallet that stores real money for Customers in the UAE. Careem Pay is also launching the UAE’s easiest way to transfer money. This new peer-to-peer (P2P) transfer ... Read More

Al Etihad Credit Bureau (AECB) today announced a web portal for the newly launched ChequeScore, an innovative product that allows both businesses and individuals to instantly know how likely a cheque ... Read More

 Mashreq Bank, one of the leading financial institutions in the United Arab Emirates, has appointed Alexander Raiff as its new Group Head of Technology, Transformation and Information, starting o ... Read More

Dubai Islamic Insurance & Reinsurance Company PJSC (Aman), the pioneering UAE Takaful Insurance provider, has received Board approval for its audited financial statements for the year ended Decemb ... Read More

As the Africa Finance Corporation (AFC) marks its 15th anniversary, the Corporation is rebranding with ‘Instrumental Infrastructure. Instrumental Africa’ as its strapline. ... Read More

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA), and TerraPay, a global payments infrastructure company, facilitating digital ... Read More

Mohamed Seghir, Chief Executive Office of HAYAH, commented: “In order to further strengthen HAYAH’s commitment to the region and to its avowed policy of a customer centric approach we have ... Read More

The UAE accounts for 77% of GCC investments in Latin American markets between 2016 and 2021, the latter of which amounted to $4 billion over the same period, according to a new whitepaper released by ... Read More

Educators from top universities in Saudi and UAE join the discussion and showcase ongoing efforts to match the changing demands of the profession IMA® (Institute of Management Accountants), one ... Read More

The Dubai International Arbitration Centre (DIAC), the leading arbitration Centre in the Middle East, has confirmed that, in compliance with Decree No. 34 of 2021 of the Government of Dubai concerning ... Read More

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, along with Global Reinsurance hosted the Dubai World Insuranc ... Read More

Dubai National Insurance (DNI) has signed a Memorandum of Understanding (MoU) with Al Etihad Credit Bureau (AECB) on 3rd March, 2022. The MoU underlines DNI’s commitment to transparency withi ... Read More

Cashee, the MENA region's teen banking and ed-tech platform, today announced that it has joined Visa’s Fintech Fast Track program to roll out the Cashee teen digital payment soluti ... Read More

Emirates NBD Capital (EMCAP), the investment banking arm of Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa and Turkey) region, led a record number of landmark ... Read More

Located in Riyadh, Saudi Arabia, PRO Partner Group is licensed as a Corporate Service Provider to provide company set up advice, on the ground government liaison and PRO Support to foreign companies l ... Read More

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has issued a consultation paper proposing to amend the Real P ... Read More

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has announced the launch of a ground-breaking Artificial Intel ... Read More

UAE Banks Federation (UBF), the sole unified voice and representative of UAE banks, together with SWIFT, held a free-of-charge webinar for all the members of UAE SWIFT Users Community, to discuss the ... Read More

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has announced the winners of the first draw of its promotional campaign that rewards customers with ex ... Read More

 Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, today announced that it will amp its efforts to upskill Emirati tal ... Read More

Gulf International Bank – Saudi Arabia (“GIB Saudi Arabia”) has closed a project finance facility of SAR 400 million with Saudi German Health to build a state-of-the-art ho ... Read More

Oman Arab Bank (OAB) recently announced an initiative for the administration of the COVID-19 booster shot for its employees. This step is aligned with the national efforts to reduce the spread of the ... Read More

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has pledged its support to Dubai Can, a sustainability initiative by the Crown Prince of Dubai,  ... Read More

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), has announced the internal appointment of Hany Fekry as Group Managing Director – Processi ... Read More

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has signed a strategic talent development partnership with The University of Manchester Middle E ... Read More

Maktoum bin Mohammed: DIFC’s success demonstrates Mohammed bin Rashid’s far-reaching vision, which has enabled the emirate to create a strong economy fuelled by innovation DIFC records ... Read More