UAE: United Arab Bank (UAB) has announced a strategic partnership with Lune, a leading UAE-based fintech company specialising in AI-driven transaction enrichment and financial data analytics solutions. This collaboration is set to enhance UAB’s upcoming mobile banking experience by delivering smarter, data-driven, and hyper-personalised customer journeys—further positioning the bank as innovation-led and customer-centric. The signing ceremony was attended […]
Sharjah, UAE – Bank of Sharjah has announced its financial results for the period ended 30 June 2025. The Bank posted a net profit of AED 268 million for the first half of 2025, compared to AED 171 million for the same period last year, representing a 57% year-on-year increase. On a quarterly basis, net profit rose to AED 152 million […]
RoTE at 20.5% in H1’25, firmly on track with medium term guidance of above 16% Total assets grew 11% ytd to AED 1.34 trillion underpinned by broad-based growth across the franchise Abu Dhabi: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a record financial […]
Nairobi, Kenya – Absa and Visa have renewed their strategic partnership to accelerate the development of innovative, inclusive, secure, and digitally enabled financial payment ecosystems across Absa’s Regional Operations (ARO) which incorporates Absa’s presence outside South Africa. The agreement, formalised at a signing ceremony in Johannesburg, marks a significant milestone in a relationship that has driven […]
Ajman, United Arab Emirates: His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank’s Board of Directors meeting on Tuesday to review key financial and administrative matters, and issue resolutions on commercial activities. Ajman Bank announced a profit before tax of AED […]
Partnership to accelerate digital transformation, enhance customer experience, and support inclusive growth through Shari’ah-compliant solutions Amman, Jordan; 22 June 2025: Mastercard and Jordan Islamic Bank (JIB), one of the largest banks operating in the country, are collaborating to drive innovation and expand access to Shari’ah-compliant digital payment solutions. JIB will leverage Mastercard’s payment technologies and advisory […]
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The CMA confirmed that Al-Mawazi Capital has become the first company registered in its securities-based financial technology services registry. KUWAIT CITY – In a landmark move aimed at advancing financial innovation, Kuwait’s Capital Markets Authority (CMA) on Sunday announced the official launch of the country’s first securities-based crowdfunding service, marking a significant step toward diversifying […]
Journify is expanding across Saudi Arabia, the UAE, and the broader Gulf region. Dubai, UAE. Journify, the UAE-based AI-powered data activation platform, is transforming how GCC brands leverage first-party data for measurable growth. With 5x revenue growth and a doubled valuation in just six months, Journify is expanding across Saudi Arabia, the UAE, and the […]
The move comes as other major U.S. banks, including Bank of America and Citibank, are developing stablecoins. JPMorgan Chase is exploring plans to offer loans backed by clients’ cryptocurrency holdings, including bitcoin and ethereum, as early as next year, the Financial Times reported on Tuesday, citing people familiar with the matter. The move comes as […]