Sharjah, UAE – Bank of Sharjah today announced its financial results for the year ended 31 December 2025, reporting exceptional performance and reinforcing the strong momentum achieved following the Bank’s successful turnaround in 2024. The Bank recorded net profit of AED 729 million, up 89% from AED 385 million in 2024, while profit before tax increased […]
ABU DHABI: Chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), the Board held its second meeting of the year today. The Board noted that the UAE’s financial system […]
More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry Wio’s robust balance sheet, impressive profitability, and […]
Expands capabilities to support greater choice in how people and businesses exchange value BVNK’s digital asset infrastructure complements and extends Mastercard’s trusted global payments network, creating interoperability between fiat and stablecoins Enables financial institutions and other customers to address new use cases with stablecoins, tokenized deposits and tokenized assets PURCHASE, N.Y.–(BUSINESS WIRE)– Mastercard today announced a […]
Collaboration pairs IBM Consulting’s quantum safe transformation expertise with Bain’s market leading capabilities in due diligence Middle East — Bain & Company today announced it will work with IBM to deliver expertise to private equity and corporate clients on post-quantum cryptography risks and strategic mitigations. The strategic collaboration brings together the companies’ deep cybersecurity expertise including IBM […]
Dubai, United Arab Emirates: BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, has officially launched its market making operations on Bahrain Bourse (BHB), following the successful completion of all regulatory, technical, and operational requirements in coordination with the relevant authorities in the Kingdom of Bahrain. This initiative supports liquidity […]
Dubai, United Arab Emirates: Tabby, the financial services app, today announced that Apple Store is now part of the Tabby Card partner network in the UAE, providing customers an additional way to shop Apple products with flexible, interest-free payment options at the Apple Store Online, the Apple Store app and in Apple Store locations across UAE. […]
Manama, Kingdom of Bahrain – Kuwait Finance House – Bahrain (KFH-Bahrain) reaffirmed its continued commitment to empowering its corporate clients to manage their financial operations with efficiency and flexibility by offering a comprehensive suite of advanced digital banking solutions. These services enable companies to complete their transactions with ease and security, helping ensure business continuity and […]
Six AI startups aligned to next-generation intelligent systems supported through strategic capital and access to world-leading AI infrastructure and proven commercial pathways. Abu Dhabi, UAE: Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and […]
UAE-USA-based finance Saas platform Kudwa has raised $1.1 million in a funding round backed by 1818 Venture Capital, F6 Ventures, Sparked VC, IM Fndg, and IVP. Founded in 2023 by Karl Nasr and Sam Arif, the company develops an AI finance manager that automates financial reporting, analysis, forecasting, and insights for businesses. The funding will support […]