United Arab Emirates : United Arab Bank (UAB) is pleased to announce the successful issuance of the UAB Jaywan Prepaid Card, developed in collaboration with Network International, IDEMIA Secure Transactions, and Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE and the official operator of Jaywan, the UAE’s national card scheme. […]
Nine Months 2025 Highlights: Net profit increased 49% year-on-year (YoY) to AED 316 million for the nine months ended 30 September 2025 (9M 2025) from AED 212 million in the prior year period. Earnings per share rose to AED 0.14 per share in 9M 2025 compared to AED 0.10 in 9M 2024. Total income rose […]
Dubai, UAE – Mastercard announced Mastercard Threat Intelligence, the first threat intelligence offering applied to payments at scale. The solution brings together Mastercard’s fraud insights and global network visibility with curated cyber threat intelligence from Recorded Future’s platform to help payment fraud and merchant compliance teams at issuing and acquiring banks proactively detect, prevent and respond to cyber-enabled fraud. Fraud […]
Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset payment solutions for the U.S. bank’s institutional clients, to expand the offering to global clients in the future. The partnership will initially focus on enabling users to deposit and withdraw traditional currencies (commonly referred to as “fiat” in crypto) through Coinbase’s services, marking a significant step […]
UAE-based fintech platform, FindYourCard, has officially launched to make choosing the right credit card faster, simpler, and completely hassle-free. With a clean, modern interface and a short, intuitive 4-question quiz, FindYourCard helps users find their ideal credit card from 150+ options across 15+ UAE banks — comparing rewards, cashback, miles, and lifestyle benefits in just […]
Mubadala Capital, a subsidiary of Abu Dhabi’s Mubadala Investment Company, has led a $1.4 billion funding round for data centre start-up Crusoe, according to a Financial Times report. Mubadala Capital, along with US investment firm Valor Equity Partners, took the lead in the oversubscribed equity fundraising round, which has resulted in Crusoe more than tripling […]
Ajman Bank reported a profit before tax of AED 414 million, an increase of 32% compared to the same period last year. H.H. 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 to review the financial results for the […]
Dubai, UAE – Finshape, a leading company specializing in digital banking solutions, has announced a strategic partnership with DIB, the world’s first Islamic bank and the largest in the UAE. With this collaboration, DIB aims to elevate its digital capabilities and strengthen customer engagement, setting new benchmarks for the future of fully Shariah-compliant digital banking. A […]
Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the nine months of 2025 Record breaking growth in profitability continues… YTD performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 66%, and a 32% YoY growth in non-interest income driven […]
Early investor and enterprise software veteran Ragy Thomas joins as Chairman and Co-CEO to lead go-to-market expansion as UnifyApps redefines how enterprises operationalize and scale GenAI for transformational business outcomes. Dubai, United Arab Emirates; Enterprises have spent decades becoming digital. Now, they must become AI-native. UnifyApps, the company building the Enterprise Operating System for AI, today […]