Aimed at supporting Ajman Bank’s ambitious net-zero and sustainable finance strategy. Ajman, UAE – In a move to contribute towards sustainable transformation of the UAE economy, Ambipar, a global leader in environmental and carbon solutions, and Ajman Bank, one of the UAE’s most dynamic financial institutions, are proud to announce a long-term strategic partnership aimed at […]
Muscat, Oman – [6 August 2025] – Amid strong economic momentum in Oman, ahlibank has announced its interim financial results for the first half of 2025, showcasing solid growth across all major performance indicators. The bank’s results reflect a strategic focus on innovation, sustainability, and community impact, solidifying its position as a leading financial institution […]
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has issued its 2024 Financial Stability Report, which includes a comprehensive assessment of financial system stability and financial developments across sectors amidst increased global challenges and risks. The report affirmed the robustness of the UAE banking sector, supported by strong capital and liquidity buffers, alongside […]
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced an exclusive, limited time package of privileges for clients who apply to transfer their credit card balances to Khaleeji. Through this offer, Khaleeji will waive its profit for six months, reducing the profit rate to 0% […]
This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged. Abu Dhabi: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken following the US Federal Reserve’s announcement […]
Ajman, United Arab Emirates: Ajman Bank, one of the leading Shariah-compliant banks in the UAE, has partnered with MENSA Technologies, an innovative fintech company, in a strategic alliance aimed at enhancing the delivery of Wage Protection System (WPS) services across the region. This collaboration combines Ajman Bank’s robust banking infrastructure with MENSA Technologies’ agile digital payroll […]
Reaffirms a shared commitment to pioneering innovation, setting an elevated benchmark for digital banking experiences across Oman. Muscat: Arab Financial Services (AFS), the Middle East and Africa’s premier digital payment solutions provider and fintech enabler, today announced a significant expansion of its enduring strategic partnership with Oman Arab Bank (OAB). This expansion reaffirms a shared […]
Vice Chairman and Group CEO Speaks on the Sidelines of the 1H2025 Analysts’ Conference Call Our loan portfolio recorded Strong growth, both in Kuwait and through our international operations Our regional and global footprint continues to play a key role in mitigating risks and sustaining earnings stability Confident in our ability to navigate challenges, we […]
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced the formation of a strategic joint venture, Unitey Business Services, aiming at supporting the Financial Infrastructure Transformation programme (FIT) launched by the CBUAE. This joint venture will enhance the operations of the UAE’s national financial market infrastructure and meet the highest […]
This strategic partnership marks a major milestone in the UAE’s journey to strengthen resilience, and harness artificial intelligence across every facet of its financial ecosystem. ABU DHABI – The Central Bank of the United Arab Emirates (CBUAE) and Presight, a leading AI and big data analytics company, have announced the launch of a groundbreaking joint […]