Ajman, UAE – Ajman Bank has announced a strategic collaboration with Lune Technologies, an Emirati data intelligence company specializing in AI-powered financial analytics, to provide customers with smarter insights and greater control over their financial wellbeing. The partnership introduces advanced Transaction Data Enrichment and Personal Finance Management (PFM) solutions, now available through the Ajman Bank mobile […]
Dubai, UAE — SAS, the market leader in Data and AI, has partnered with DIB, the world’s first Islamic bank and the largest in the UAE, to upgrade its Anti-Money Laundering (AML) platform and advance financial crime compliance capabilities, deployed on SAS hosted cloud services, supported by Microsoft. This strategic collaboration, announced at GITEX 2025, reflects […]
Expanded partnership now enables seamless payouts across Emirates NBD Group in the UAE, with KSA launch underway FRANKFURT, Germany, Oct. 2, 2025– Nium, the leading global infrastructure for real-time cross-border payments, and Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced significant progress in their strategic partnership first unveiled […]
Dubai, United Arab Emirates: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has signed a Memorandum of Understanding (MoU) with Fidelity International (‘Fidelity’) to work together on a new workplace savings proposition for employers in the UAE. This collaboration brings together Emirates NBD’s deep-rooted knowledge of local markets […]
This move was quickly followed by the bank becoming the first in Oman to integrate Samsung Pay, Apple Pay and push provisioning to Samsung Wallet on the horizon. MUSCAT: BankDhofar, the second largest bank in the Sultanate by branch network size, has firmly established itself as a digital pioneer in Oman’s banking landscape, aligning its innovations […]
Warba Bank today announced a strategic partnership with Zayoom, a specialized consumer electronics store, aimed at enriching the bank’s digital offers marketplace with exclusive benefits, including special discounts, limited seasonal deals and Marketplace e-store offers. This collaboration enhances the value offered to the bank’s customers and aligns with their aspirations. Commenting on the announcement, Muhannad Issa Bourahma, Director […]
In Q2 2025, net profit attributable to shareholders soared to $44.2 million, marking an 8% increase from $41 million during the same period last year. This strong performance was strategically powered by diversifying income sources and reducing reliance on net interest income, achieved through offering value-added, differentiated products and services across the Bank’s business lines. The […]
Standard Chartered announced today the launch of its direct custody services in Egypt, further expanding its global post-trade offering across the Middle East and North Africa (MENA). This important milestone builds on the successful rollout of its direct custody services in the Kingdom of Saudi Arabia earlier this year and reflects the Bank’s broader strategy […]
In just four months, the bank implemented Finastra Corporate Channels and upgraded to the latest version of Finastra Trade Innovation. Dubai, UAE – Finastra, a global leader in financial services software, announced that AlRayan Bank, one of Qatar’s largest Islamic banks with an international footprint, has successfully gone live with Finastra Corporate Channels, enhancing and […]
The awards recognise the most innovative banks across the world for their digital banking initiatives that demonstrate creativity, measurable impact, and set new benchmarks for the fintech industry. The Banker magazine, owned by the Financial Times and based in London, named Arab Bank the “Middle East winner” at The Banker’s Technology Awards 2025, a recognition […]