Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has issued commemorative gold and silver coins to honour the “Zayed and Rashid” campaign. The issuance celebrates the memory of the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Rashid bin Saeed Al Maktoum, may their souls rest in peace, embodying the leaders’ […]
Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to QCB data. Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to Qatar […]
Cairo, Egypt: Mashreq, one of the leading financial institutions in the MENA region, has announced the opening of its representative office in Türkiye, reinforcing its long-standing commitment to supporting Turkish financial institutions and corporates. As one of the largest and most active correspondent banks operating in Türkiye, Mashreq has played a vital role in channeling risk […]
BipTap, the innovative omnibanking platform, has officially signed a strategic partnership agreement with Al Fardan Ventures, represented by renowned technology leader Mr. Mohammed Ebrahim Al Fardan, to establish a next-generation global digital bank headquartered in Abu Dhabi. This landmark agreement paves the way for the launch of a fully digital wholesale and retail bank, designed […]
The increase was due to AED5.1 billion growth in currency in circulation outside banks, overriding the AED1.4 billion decrease in monetary deposits. The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED982.4 billion at the end of February 2025 to AED986.2 billion at the end of […]
Abu Dhabi, UAE – First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has become a Direct Participant (DP) of the Cross-border Interbank Payment System (CIPS), the official cross-border payment infrastructure for Renminbi (RMB). FAB’s direct participation in CIPS enhances its ability to provide clients with […]
Certifications within WELL at scale Programme enable the bank to measure performance, taking actions in areas impacting ESG and health Emirates NBD Group is already recognised as top organisation across both commercial and retail in MENA for LEED Platinum Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye […]
Bank wins five regional awards including “Middle East’s Best Bank 2025” showcasing a landmark year of strategic expansion, digital leadership and financial performance. Winner of three UAE awards including “UAE’s Best Bank”, “UAE’s Best Bank for ESG” and “UAE’s Best Investment Bank for Equity Capital Markets (ECM)” Dubai, United Arab Emirates: Emirates NBD, a leading banking […]
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access. Through the new account salary customers can earn 6.25% interest per annum in addition to a […]
Leonteq announced today that it has initiated a new partnership with Emirates Islamic, one of the leading financial institutions in the United Arab Emirates (UAE), for the manufacturing and distribution of Shari’a-compliant structured products. Building on its strategic expansion into the Gulf region, Leonteq launched a Shari’a-compliant trust certificate issuance programme (the Programme) in 2022 […]