Dubai, United Arab Emirates – 12 November, 2025: Ajman Bank, one of the leading Islamic banks in the UAE, has announced the signing of a partnership agreement with BHM Capital, a leading financial institution in the UAE capital markets, to launch a new Equity Financing Program. The initiative aims to facilitate investor access to local capital […]
United States – Samsung is reportedly preparing to launch a new credit card in the United States, marking a major step in its expansion into the financial services sector. According to The Wall Street Journal, the South Korean tech giant will partner with British lender Barclays to issue the card, which will operate on the […]
Singapore, Regional, 11 Nov 2025 – DBS and Kinexys by J.P. Morgan are exploring the development of an interoperability framework to enable tokenised value transfers between both banks’ on-chain ecosystems – DBS Token Services and Kinexys Digital Payments. The framework aims to enable the seamless exchangeability and settlement of tokenised deposits[1] across both public and permissioned blockchains, with the aim to […]
Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) has teamed up with Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, to streamline access to corporate banking services for SMEs and larger enterprises within the RAKEZ ecosystem. The Memorandum of Understanding (MoU) was signed at the Compass Coworking Centre […]
The new suite of enhanced global dining, entertainment and travel benefits has been designed for cardholders of Mastercard’s World, World Elite and the newly created World Legend portfolios. Dubai, UAE: Mastercard has launched The Mastercard Collection, a new suite of enhanced global dining, entertainment and travel benefits, in the Eastern Europe, Middle East and Africa (EEMEA) […]
Abu Dhabi, United Arab Emirates – In a ground-breaking move to merge blockchain technology with real-world assets (RWA) and utility, Hotdesk, Al Maryah Community Bank “Mbank”, Emirates Coin Investment “EmCoin”, and Singularity have partnered and unveiled their plans to launch DESK Token, subject to regulatory approvals. The launch of DESK Token will mark the arrival of […]
Dublin, Ireland – 10th November 2025 – Quintas Capital is delighted to announce the completion of its first Managed Equity investment of €15.9 million ($18.34 million) in the Petal Group, a fast-growing floral gifting and e-commerce business headquartered across Ireland and the UAE. The Petal Group operates a portfolio of leading online flower brands — Flowers.ie, FlowersDirect.ie, BloomMagic.ie, […]
New York – Visa and Mastercard have announced a revised USD 38 billion settlement with U.S. merchants who accused the card networks of charging excessively high fees for processing credit card payments. The new proposal aims to address concerns raised by a federal judge who previously rejected a smaller USD 30 billion settlement as inadequate. […]
Sharjah, United Arab Emirates – Invest Bank today announced its financial results for the nine-month period ended September 30, 2025, reporting a profit before tax of AED 102M, reflecting continued momentum across income streams, balance sheet expansion, and strong recoveries. Key Financial Highlights Total assets at AED 13.4 Bn (+24% YTD). Net loans and advances at AED 6.6Bn […]
Sharjah, United Arab Emirates – CE-Invests, the strategic investments platform of Crescent Enterprises, today announced plans to deploy AED 1 billion over the next three years in high‑growth markets across India, Southeast Asia, and the GCC. The programme will combine direct investments and fund allocations to capture compelling opportunities in four core sectors: consumer, healthcare, manufacturing, […]