Abu Dhabi, UAE: Al Maryah Community Bank (Mbank), the UAE’s first fully integrated digital bank, has announced a strategic collaboration with East & West International Group (EWIG) to officially launch AE Coin payment capabilities for property transactions through the AEC Wallet, powered by Mbank. This milestone highlights EWIG’s leadership in UAE real estate by enabling blockchain-powered payments […]
Leveraging Thunes’ trusted Direct Global Network, the collaboration will deliver secure, real-time cross-border payments for millions of Mashreq customers Singapore and Dubai; November 13, 2025: Thunes, the Smart Superhighway to move money around the world, announces a powerful new collaboration with Mashreq, a leading financial institution in the MENA region, to launch real-time mobile wallet payouts […]
Dubai, UAE – November 13, 2025: Noum, a UAE-based HR tech company, has unveiled its AI-driven hiring infrastructure aimed at helping organisations across the GCC transition toward skills-first recruitment. The launch comes as 86% of employers in the region report skill shortages and 78% plan to expand hiring efforts in 2025. Founded and led by […]
DUBAI – SC Ventures by Standard Chartered, which builds and invests in breakthrough ventures in and beyond banking, has signed an MOU to collaborate with Microsoft to enable digital commerce and financing for SMEs, through exploring the co-creation of AI and cloud based solutions. The collaboration will be spearheaded through one of SC Ventures’ portfolio companies, Project Hal, […]
Abu Dhabi – The net profits of Lulu Retail Company climbed by 7.50% year-on-year (YoY) to $162.920 million in the first nine months (9M) of 2025 from $184.45 million. Revenues amounted to $5.99 billion at the end of September 2025, up 4.70% from $5.72 billion in 9M-24, according to the financial statements. The basic and diluted […]
Abu Dhabi, UAE – November 12, 2025: The UAE government has successfully executed its first national transaction using the Digital Dirham, marking a major milestone in the country’s journey toward a fully integrated digital economy. The transaction was carried out by the Ministry of Finance and the Dubai Department of Finance, in close collaboration with […]
The UAE joins Singapore and Switzerland among the world’s top jurisdictions for digital asset regulation, according to the Global Digital Assets Report 2025. The UAE has been named among the world’s most advanced jurisdictions for digital asset regulation alongside Singapore and Switzerland, according to the Global Digital Assets Report 2025 released by the Global Finance […]
Dubai, United Arab Emirates – 12 November, 2025: Ajman Bank, one of the leading Islamic banks in the UAE, has announced the signing of a partnership agreement with BHM Capital, a leading financial institution in the UAE capital markets, to launch a new Equity Financing Program. The initiative aims to facilitate investor access to local capital […]
United States – Samsung is reportedly preparing to launch a new credit card in the United States, marking a major step in its expansion into the financial services sector. According to The Wall Street Journal, the South Korean tech giant will partner with British lender Barclays to issue the card, which will operate on the […]
Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) has teamed up with Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, to streamline access to corporate banking services for SMEs and larger enterprises within the RAKEZ ecosystem. The Memorandum of Understanding (MoU) was signed at the Compass Coworking Centre […]