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 […]
Collaboration to enable payouts to stablecoin wallets, giving banks, payment providers, and end-users greater choice and flexibility. Mastercard and Thunes, the Smart Superhighway to move money around the world, have teamed up to accelerate global money movement for banks, payment service providers and end-users by expanding stablecoin wallet payout capabilities. Through this strategic collaboration, announced […]
Abu Dhabi, UAE: Al Maryah Community Bank (Mbank), the UAE’s first fully integrated digital bank, has announced a strategic collaboration with East & West International Group (EWIG) to officially launch AE Coin payment capabilities for property transactions through the AEC Wallet, powered by Mbank. This milestone highlights EWIG’s leadership in UAE real estate by enabling blockchain-powered payments […]
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC) to accelerate digital transformation in financial services, enhance client experiences, and strengthen private wealth solutions, cementing the emirate’s solid position as a leading global hub for finance, innovation, and […]
Leveraging Thunes’ trusted Direct Global Network, the collaboration will deliver secure, real-time cross-border payments for millions of Mashreq customers Singapore and Dubai; November 13, 2025: Thunes, the Smart Superhighway to move money around the world, announces a powerful new collaboration with Mashreq, a leading financial institution in the MENA region, to launch real-time mobile wallet payouts […]
Dubai, UAE – November 13, 2025: Noum, a UAE-based HR tech company, has unveiled its AI-driven hiring infrastructure aimed at helping organisations across the GCC transition toward skills-first recruitment. The launch comes as 86% of employers in the region report skill shortages and 78% plan to expand hiring efforts in 2025. Founded and led by […]
DUBAI – SC Ventures by Standard Chartered, which builds and invests in breakthrough ventures in and beyond banking, has signed an MOU to collaborate with Microsoft to enable digital commerce and financing for SMEs, through exploring the co-creation of AI and cloud based solutions. The collaboration will be spearheaded through one of SC Ventures’ portfolio companies, Project Hal, […]