Dubai, UAE: HSBC UAE has announced the launch of its Cross Currency Cash Concentration Solution, a significant enhancement to its suite of global liquidity management solutions. The UAE will be the first market to introduce this capability, followed by other MENA markets. The innovative solution enables corporate and institutional banking clients to automatically consolidate cash […]
The financing will support Aster in launching two new multi-specialty hospitals in Dubai, adding 250+ beds to the existing capacity of around 920 beds Once fully operational, the added capacity will enable treatment of more than 560,000 patients annually in the UAE, in addition to 20 million patients currently served across GCC The expansion will […]
Abu Dhabi, UAE — 17/11/2025 —Numou, ADGM’s SME growth platform, has partnered with Abhi, the region’s neo bank of the future, providing embedded finance and working capital solutions to enhance access to finance for small and medium enterprises across the region. Through this collaboration, SMEs on Numou will gain faster, more flexible, and transparent access to […]
Nabta Health (“NABTA”) is pleased to announce the closing of a $2 million Pre-Series A funding round, bringing its total funding to date to US $4.5 million. The Pre-Series A funding will enable NABTA to accelerate its mission to deliver accessible, evidence-based women’s healthcare and to expand its AI-powered hybrid model across the Middle East […]
Muscat, Oman — walletii by Ooredoo continues to advance its mission of transforming digital payments in Oman, supported by strong community connections and a widespread on-ground presence across the Sultanate. walletii’s dedicated community engagement team works closely with embassies, social associations, community groups, and local promoters throughout Oman. Their proactive presence ensures that both expatriates […]
Bahrain – National Bank of Bahrain (NBB) has reported a 2 per cent increase in its net profit attributable to shareholders reaching BD19.4 million ($51.5m) for the third quarter ended September 30, 2025, compared to BD19.1m ($50.7m) in the same period of 2024. The profitability performance is mainly attributed to the group’s continued ability to […]
Globba™, powered by Mastercard Move, enables fast and secure cross-border transactions to more than 120* countries. Collaboration will strengthen South Africa’s role as a payment’s innovator, supporting remittances, and driving financial inclusion. Globba™ aligns with the G20 roadmap to enhance speed, cost, access and transparency in cross-border flows. Johannesburg, 15 November 2025. FNB, in collaboration […]
Abu Dhabi, UAE : Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today released its financial results for the third quarter of 2025. Key Highlights: The Bank reported the first nine months and Q3’25 pre-tax profit of AED 109 million and AED 16 million respectively. Net operating […]
FRANKFURT: The U.S. bank JPMorgan has expanded in Dubai as part of a broader push to grow and do more business with medium-sized companies in the Middle East and beyond, an executive told Reuters. The move, which has not yet been reported, is a challenge to competitors such as Citigroup, and comes after JPMorgan recently […]