The launch marks a strategic milestone in Esterad’s regional expansion strategy and its ambition to enhance its presence in key financial markets across the GCC. Manama, Kingdom of Bahrain – Esterad Investment Company (“Esterad”) today announced the official launch of Esterad Capital Limited (“Esterad Capital”), a newly established Category 3A asset management firm licensed by the […]
Etihad Credit Insurance showcases innovative credit solutions for UAE-based SMEs and startups
Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, reinforced its commitment to boosting the UAE’s global trade competitiveness and supporting the expansion of SMEs and startups at the ‘EDB Connect’– Sharjah Edition. Held at the Sharjah Research Technology and Innovation Park, the forum brought together key public and private sector stakeholders under the […]
First Abu Dhabi Bank issues $20mln Blue Bond after successful inaugural bond in August
Abu Dhabi – First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has successfully issued its second Blue Bond, a USD 20 million 3-year Blue Bond. This comes shortly after FAB’s inaugural Blue Bond in August 2025, underscoring the strong momentum behind its commitment to financing ocean […]
Revolut co-founder Nik Storonsky shifts his residency from UK to UAE
Change in billionaire’s country of residence disclosed in Companies House filing. Nik Storonsky, Revolut’s billionaire co-founder, has officially changed his residency from the UK to the United Arab Emirates, according to filings at Companies House. The changes were posted on the UK’s official corporate registry on Tuesday as an update to Storonsky’s family company information. […]
Verto Launches in the UAE to Streamline Cross-Border Payments Between UAE and Emerging Markets
UAE now has a payment partner that unlocks Africa’s growing economic opportunity. DUBAI, UAE: Verto announced its official launch in the UAE. With over $25 billion processed annually for clients such as Unilever, and Maersk, the company’s platform is designed to address the unique challenges of cross-border payments between UAE and emerging market currency corridors (particularly in […]
Standard Chartered launches UAE-domiciled signature CIO Islamic funds
New Shariah-compliant funds mark Standard Chartered’s first UAE-domiciled products within its global offering. Dubai, United Arab Emirates – Standard Chartered announced today the launch of its Signature CIO Islamic Funds, introducing a new range of Shariah-compliant investment solutions designed to meet rising demand from regional and global investors. Leveraging the UAE’s position as a global hub […]
Al Maryah Community Bank partners with ADGM Academy to launch Emirati talent development initiatives
The MoU establishes a long-term collaboration to introduce a series of training, upskilling, and educational programs that address critical skill gaps and prepare Emirati talent for impactful roles in the financial sector. Abu Dhabi: Al Maryah Community Bank (Mbank), the UAE’s leading digital bank, has signed a Memorandum of Understanding (MoU) with ADGM Academy (ADGMA) […]
Dubai Municipality warns against scanning unverified QR codes
Residents cautioned that fake codes can steal passwords, bank details, and personal data. Dubai: Dubai Municipality has warned residents about hidden cyber risks linked to scanning unverified QR codes, cautioning that they can expose users to the theft of sensitive information such as passwords, bank card details and identity data. In a public awareness video shared on […]
Emirates NBD Securities Expands Trading Services to Cover Full GCC Markets
Dubai, UAE – Emirates NBD Securities, a subsidiary of Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced the launch of its expanded trading services to give investors direct access to leading financial markets across the GCC. Through its advanced digital trading platforms and fully integrated banking and brokerage […]
Orange Money: The first e-wallet in Jordan to obtain Visa associate license
Orange Jordan announced that Orange Money has obtained the Associate License from Visa, a trusted leader in the digital payment, becoming the first e-wallet in Jordan to receive this license. The company also announced the renewal and expansion of its strategic partnership with Visa, further strengthening its position within the global digital payments’ ecosystem and […]
