Newly established Asset Management business launches 10 funds on Securities & Commodities Authority of the United Arab Emirates widening retail and institutional investor choices. HSBC today announced the launch of its new UAE asset management business and the registration of ten new onshore investment funds with the Securities & Commodities Authority (SCA) of the UAE, […]
Dubai, UAE — At the 1 Billion Followers Summit, Wio Bank, in partnership with Visa, announced the launch of Wio Creators, the UAE’s first dedicated banking solution tailored specifically for content creators and digital entrepreneurs. The new offering reflects the rapid growth of the creator economy and aims to address the unique financial needs of […]
AmwalPay has announced a strategic partnership with Bank Nizwa, reflecting a broader shift in how banks approach the enablement of digital payment services within the Sultanate of Oman. Under this partnership, AmwalPay enables Bank Nizwa to offer digital payment services to its merchants under the bank’s own brand, identity, and commercial framework. Bank Nizwa retains […]
London: Janus Henderson Investors today announces the launch of the Janus Henderson Horizon Discovering New Alpha Fund (DNA), a global equity fund available exclusively to HSBC Private Bank and Premier clients across Asia, Europe, US Offshore, and the Middle East, for an initial six-month period. DNA is a globally diversified portfolio of approximately 50 high-conviction stocks […]
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced the completion of its inaugural dual-tranche USD 1 billion sustainable bond issuance under its Euro Medium Term Note (EMTN) Programme, comprising a USD 300 million Blue tranche with a 3-year tenor and a USD 700 million […]
UAE, Dubai – Visa (NYSE: V), a global leader in digital payments, today announced the renewal of its partnership with Dubai’s Museum of the Future. First established in 2022, the partnership reflects Visa’s commitment to curating distinctive and thoughtfully crafted experiences for tourists visiting Dubai. As part of the renewed partnership, Visa will leverage its global […]
areeba has announced that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to operate Stored Value Facilities (SVF) and Retail Payment Services – Category III, under the applicable SVF, Retail Payment Services, and Card Schemes Regulations. The regulatory approval marks a significant milestone in areeba’s expansion journey in the UAE […]
Ras Al Khaimah, United Arab Emirates – RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token i.e., stablecoin, subject to the completion of regulatory and operational requirements. This marks an important step in RAKBANK’s digital assets journey and reflects the Bank’s […]
Dubai, UAE: Network International, a leading fintech company across the Middle East and Africa, has become the first payments platform to enable regulated Stablecoin payments in the UAE through AE Coin acceptance, following the signing of a Memorandum of Understanding (MoU) with Al Maryah Community Bank (MBank). The partnership will see the integration of AE Coin, […]
Muscat: Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has announced the implementation of the Partial Payment of Cheques service in line with the Central Bank of Oman’s guidelines on partial cheque payments. This national initiative aims to enhance cash flow for individuals and businesses and reduce the likelihood of […]