Mashreq launches Money Insights, a financial management tool providing clarity on everyday banking in the UAE

Mashreq launches Money Insights, a financial management tool providing clarity on everyday banking in the UAE

Dubai, UAE – Mashreq, a leading financial institution in the Middle East, has officially launched Money Insights, a fully integrated personal financial management capability within the Mashreq NEO mobile banking app. Serving over 1.5 million customers across the UAE, the new feature strengthens Mashreq’s digital banking proposition by delivering clear financial visibility to help customers better […]

FAB launches Payit Universal Account to advance financial inclusion in the UAE

FAB launches Payit Universal Account to advance financial inclusion in the UAE

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 launched the Payit Universal Account, a multi-service mobile-based account designed to expand access to essential financial services for underserved segments across the UAE. The initiative aligns with the Central Bank of the UAE’s […]

Central Bank of the UAE (CBUAE) grants in-principle approval to establish Omla Community Bank

Central Bank of the UAE (CBUAE) grants in-principle approval to establish Omla Community Bank

UMM AL QUWAIN, 13th May, 2026 (WAM) — “Mint Gateway” and “Alternative Venture Capital”, a subsidiary of Abu Dhabi Capital Group, have announced receiving in-principle approval from the Central Bank of the UAE (CBUAE) to establish “Omla Community Bank”, which will be headquartered in the Emirate of Umm Al Quwain, with operational plans covering all […]

Singapore Gulf Bank and Standard Chartered partner to enhance cross-border clearing and settlement flows

Singapore Gulf Bank and Standard Chartered partner to enhance cross-border clearing and settlement flows

Singapore Gulf Bank (SGB), a fully licensed bank backed by Whampoa Group and Mumtalakat, today announced a strategic banking relationship with Standard Chartered. The collaboration improves SGB’s multi-currency services and payment rails in emerging markets as well as aims to streamline payment flows and reduce friction in cross-border transactions. This further supports SGB’s digital asset […]

Network International and Emirates NBD extend long-standing processing partnership

Network International and Emirates NBD extend long-standing processing partnership

Dubai, UAE: Network International (Network), a leading FinTech company across the Middle East and Africa, announced the renewal of its processing and back-office management agreement with Emirates NBD Group, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region. Under the renewed commercial arrangement, Network will continue to provide processing and back-office […]

Mastercard and Letshego aim to strengthen financial inclusion with Debit Card launch in Mozambique

Mastercard and Letshego aim to strengthen financial inclusion with Debit Card launch in Mozambique

Launch coincides with Letshego’s 15-year milestone in the market MAPUTO, Mozambique, Mastercard, in collaboration with Mozambican financial services provider Letshego, has launched a debit card in Mozambique, marking a significant step forward in enhancing access to secure, convenient, and globally accepted digital payment solutions. The introduction of the Letshego Debit Card supports Mozambique’s transition toward a […]

ADAFZ Signs Strategic MoUs with Wio and Abu Dhabi Food Hub at MIITE 2026

ADAFZ Signs Strategic MoUs with Wio and Abu Dhabi Food Hub at MIITE 2026

Abu Dhabi Airports Free Zone (ADAFZ), the commercial free zone division of Abu Dhabi Airports, sealed transformative memoranda of understanding (MoUs) with prominent ecosystem partners—Abu Dhabi Food Hub and Wio, the UAE’s top digital banking provider—while showcasing its capabilities at the Make it in the Emirates (MIITE) 2026 event. Overseeing one of Abu Dhabi’s most […]

AE Coin Expands Into Professional Services as Nephos Becomes First Firm to Accept Regulated AED Stablecoin Payments

AE Coin Expands Into Professional Services as Nephos Becomes First Firm to Accept Regulated AED Stablecoin Payments

United Arab Emirates, May 11, 2026 — AE Coin, the UAE’s first Central Bank-licensed, AED-backed stablecoin, is now accepted by Nephos Group as the first professional services firm in the region to accept stablecoin payments, marking AE Coin’s arrival in mainstream business services. The move signals a broader evolution in how regulated digital currencies are […]

standard chartered appoints

Standard Chartered appoints Michelle Swanepoel as Head of Financing and Securities Services, Middle East and Africa

DUBAI, United Arab Emirates – Standard Chartered announced the appointment of Michelle Swanepoel as Head of Financing and Securities Services (FSS), Middle East and Africa. Based in Dubai, she will lead the business across the region effective 1 July 2026. Michelle succeeds Scott Dickinson, who will be retiring from the bank on 30 June after more […]