Dubai, United Arab Emirates: Standard Chartered announced today the launch of Beneficiary Validation of accounts domiciled in the UAE – a cutting edge solution designed to bolster client confidence and improve domestic payment processes across the UAE. Developed in partnership with the Central Bank of UAE, this innovative solution allows corporate clients to verify payee […]
The 2025 findings illustrate that UAE SMEs continue to build on the momentum of the resilience demonstrated in recent years. Dubai, United Arab Emirates – RAKBANK has released its latest SME Confidence Index, highlighting a promising outlook for the UAE’s Small & Medium Enterprise (SME) sector. Based on insights from over 1,200 UAE-based SMEs collected between […]
The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share through an accelerated bookbuilding. DUBAI – First Abu Dhabi Bank (FAB), the UAE’s biggest bank by assets, is looking to raise around $480 million from a secondary share sale, the bookrunner for the deal […]
The awards celebrate excellence in banking innovation and digital transformation across the Middle East and Africa. Ajman Bank has been recognised as one of the winners at the prestigious MEA Finance Banking Technology Awards 2025, held on 8 May at the Armani Hotel, Burj Khalifa in Dubai. Now in its fifth year, the awards celebrate […]
United Arab Emirates – United Arab Bank (UAB) has signed a strategic partnership agreement with Emirates Face Recognition (EFR), a leading UAE-based technology provider of cutting-edge facial recognition and digital identity verification solutions. The signing ceremony was attended by Mr. Shirish Bhide, CEO of United Arab Bank; Mr. Emre Yalcin, Head of Retail Banking at United […]
Muscat: As part of its ongoing commitment to enhancing the customer experience, ahlibank has inaugurated a new branch featuring dedicated service centers for the ‘Al Nukhba’ and ‘Exclusiv’ individual private banking segments. The inauguration took place in the presence of a distinguished group of the bank’s executives and employees. The new branch is strategically located on […]
D360 Bank, the innovative Saudi Shariah-compliant digital bank, has announced that it has reached more than one million customers within the first four months of its official launch, setting a new global benchmark in digital banking adoption. This milestone underscores the growing demand for seamless and secure digital financial solutions in Saudi Arabia. Since beginning […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been named Middle East’s Best Bank for Consumers, by the leading global financial publication Euromoney in its 2025 Awards for Excellence. This prestigious accolade highlights ADIB’s dedication to delivering innovative, digital first and customer- centric bank built around the evolving needs of individual customers. In addition […]
Commodity offering adds one-stop-shop services, robust risk management, cross-border logistics, and secure vaulting to Emirates NBD’s diverse portfolio of financial products Accessibility, ease, and transparency of transactions will empower Dubai’s status as one of the top gold trading hubs and support the UAE’s Federal Gold Policy to grow key sector Dubai, UAE: Emirates NBD, a […]
Casablanca, Morocco – Standard Chartered announced the opening of its new representative office in Morocco, further expanding its footprint across the Middle East and North Africa region. The launch follows the licence approval from Bank Al-Maghrib and the award of the Casablanca Finance City status by the Casablanca Finance City Authority. The representative office will be led […]