Dubai, UAE: Commercial Bank of Dubai (CBD) has become the first bank in the UAE to enable customers to initiate payments from accounts held with other banks directly through the CBD mobile app. The milestone follows CBD becoming one of the first banks in the UAE to receive approval from the Central Bank of the UAE (CBUAE) […]
• Key benefits include improved access to transition finance, clearer eligibility guidance, and support for emissions-reduction and low-carbon investments • New framework underpins Emirates NBD’s commitment to mobilise USD 30 billion of sustainable and transition finance by 2030 Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia […]
The Bank of Jordan Group has inaugurated its first branch in Saudi Arabia in a strategic move that reflects its vision for sustainable growth and reinforces its position as an integrated regional banking group. Following the Saudi Central Bank’s approval to commence banking operations on 27/2/1448 AH, the expansion strengthens its presence in one of […]
Invest Bank (INB) announced a 61 % year-on-year increase in Profit Before Tax to AED80.5 million. According to its financial results for the half-year ended 30th June, 2026, the Bank continued to strengthen its performance momentum, recording second-quarter Profit Before Tax of AED58 million, up 159 % from the first quarter. The Invest Bank continued to […]
Doha, Qatar: Dukhan Bank has gone live on Kinexys by J.P. Morgan’s Blockchain Deposit Account network, making it the first Islamic bank in Qatar to adopt this next-generation payments infrastructure. The implementation marks a significant step in Dukhan Bank’s digital transformation journey, enabling faster, more efficient, and always-on payment services for corporate and institutional clients […]
NEW YORK: Citi has hired Rohan Sen from Bank of America to lead coverage of the technology services sector, as the bank continues to bulk up its technology banking ranks, an internal memo seen by Reuters showed. In the memo, global co-heads of technology investment banking Pankaj Goel and Mark Keene said technology services is […]
Egypt remains an important market for HSBC Emirates NBD Bank Corporate and Institutional Banking with strong growth potential Holdings plc (‘HSBC’ or ‘HSBC Group’) today announces that its indirect subsidiary, Bank Egypt S.A.E. (‘HSBC Egypt’), has entered into an agreement to sell its retail banking business to Emirates NBD Egypt (S.A.E) (‘Emirates NBD’), a direct […]
Dubai: Mashreq Bank reported a record profit before tax of AED 4.8 billion for the first half of 2026, marking an 18% year-on-year increase, supported by strong growth in lending, customer deposits and non-interest income despite heightened geopolitical and macroeconomic uncertainty. The UAE lender generated operating income of AED 6.8 billion during the six-month period, […]
Offer valid twice a month on a minimum order of AED 50 Customers simply add their BRight card in the Careem app to redeem Further rewards across Careem’s services to follow Ajman, UAE – Ajman Bank has partnered with Careem, the region’s leading Everything App, to offer customers exclusive rewards and lifestyle benefits across Careem’s digital […]
Abu Dhabi, UAE – Abu Dhabi Islamic Bank (ADIB) reported strong financial results for the first half of 2026, driven by robust financing growth, higher revenues, improved asset quality, and continued customer acquisition, as the bank’s total assets exceeded Dh300 billion for the first time. ADIB posted a net profit after tax of Dh3.8 billion […]