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 […]
Sharjah, UAE – Bank of Sharjah (ADX: BOS) is pleased to announce that its shares will be added to the MSCI Global Small Cap Index, effective after market close on May 30, 2025, as part of MSCI’s semi-annual index review. This prestigious inclusion marks a significant milestone in Bank of Sharjah’s journey, reinforcing its position as […]
Bank al Etihad and INVESTBANK have announced that their respective Boards of Directors have approved a strategic merger under which Bank al Etihad will acquire 100% of INVESTBANK’s share capital. The acquisition will be carried out through a capital increase by Bank al Etihad, with all newly issued shares allocated to INVESTBANK shareholders in exchange […]
MUSCAT: In a groundbreaking step toward enhancing accessibility and convenience, BankDhofar has launched its innovative ‘Bank on Wheels’ initiative a fully equipped mobile banking branch that brings financial services directly to customers, wherever they are. This customer-centric service reflects the bank’s commitment to delivering inclusive, personalized, and technologically advanced banking experiences across the Sultanate of Oman. The […]
TOKYO & AMMAN – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. and Arab Bank plc are delighted to announce the launch of the JCB merchant acquiring operations across Jordan, enabling JCB cardmembers to make payments seamlessly through Arab Bank’s POS terminal network. Mr. Yacoub Matouk, Head of Consumer Banking at […]
Source: Zawya Of this, the value of transfers executed by banks during the first two months of this year amounted to AED2.093 trillion. Banking operations statistics released by the Central Bank of the UAE (CBUAE) showed that the value of transfers executed within the country’s banking sector through the UAE Funds Transfer System (UAEFTS) rose […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its new Business Banking Diamond account. The account is a premium and bespoke offering crafted to deliver a superlative banking experience for the sophisticated financial needs of high-value Small and Medium Enterprises (SMEs) and established businesses. The launch was […]