December 25, 2025 In a milestone announcement revealed during Abu Dhabi Finance Week, Emirates Coin Investment (EmCoin), the first UAE SCA-licensed Virtual Asset Service Provider, and Hotdesk, the global leader in flexible workspace technology, signed an MoU to explore launching the groundbreaking DESK Token Initial Coin Offering (ICO) in 2026, subject to regulatory approvals. Envisioned as […]
Dubai, UAE: Commercial Bank of Dubai (CBD) has set a new benchmark for the UAE banking sector by becoming the first bank in the country to fully activate Open Finance into live operational use under the Central Bank of the UAE’s Open Finance Initiative, AlTareq. The activation has been delivered in collaboration with Central Bank–licensed third-party […]
Dubai, UAE, 23 December 2025: Lean Technologies has graduated from the Live Proving program under CBUAE’s Open Finance Framework, becoming one of the first Third Party Providers (TPPs) to reach this milestone. Lean’s graduation marks a critical step in the UAE’s transition from Open Finance preparation to execution. It confirms Lean’s technical and operational maturity […]
This syndicated loan is the biggest funding transaction ever for Mashreq. It is also one of the largest syndicated loans by any GCC bank in the last five years Dubai, UAE – Mashreq, one of the leading financial institutions in the MENA region and rated A3 (Moody’s), A (S&P) and A (Fitch), all with a stable […]
Dubai, UAE – ASB Capital has been named “IFN Investor Best New Islamic Fund House 2025” in recognition of its rapid growth as an asset manager with expanding regional footprint across investment markets overseeing USD 6 billion in assets under management. The award reflects the firm’s ability to build a diversified asset and wealth management platform […]
Dubai, UAE — Deem Finance LLC, a purpose-led financial services provider committed to enabling the progress of underserved segments in the UAE, today announced a strategic partnership with airpay Technologies Limited, a global digital platform enabling seamless commercial, services, and payment ecosystems. The collaboration enables airpay to extend Deem’s Merchant Financing solutions directly to airpay’s customer […]
Collaboration to transform merchant enablement in a seamless and secure manner Empowering entrepreneurs to transform their ideas into thriving digital businesses Kuwait City, 22 December 2025 – PayTabs Kuwait, a member of the PayTabs Group – MENA’s award-winning payment orchestration powerhouse – today announced it has entered a strategic partnership with BEDE Kuwait, Powered by […]
Dubai, UAE: In a first for the EEMEA region, First Abu Dhabi Bank (FAB) and Mastercard have officially launched Mastercard’s proprietary mobile-first virtual card number (VCN) solution for businesses. This innovative solution enables enterprises and government entities to issue and manage virtual corporate cards while integrating them into mobile wallets – for flexible, efficient and secure […]
The award underscores the Group’s exceptional performance and commitment to delivering innovative wealth management solutions Its strong growth has further strengthened client confidence, firmly establishing NBK Wealth’s standing as a market leader in private banking NBK Wealth Group has been awarded Best Private Bank in Kuwait 2025 by The Banker magazine at the prestigious Global […]
Kuwait: Warba Bank received Mastercard’s prestigious “Highest Spend Per Card on Credit Card” Award in recognition of its outstanding performance in issuing credit cards and the exceptionally high spend per card. The recognition stands as a testament to the strong confidence of high-net-worth and premium customers in Warba Bank’s innovative payment and card solutions. The award […]