Initiative is designed to unlock working capital, reduce liquidity constraints and strengthen supply chain resilience across IMKAN’s project pipeline. Reflects the growing convergence of embedded finance and real estate development in the UAE, supporting sector-wide growth and SME participation. Abu Dhabi, UAE: IMKAN, a leading global master developer based in Abu Dhabi, and Zelo, a UAE-based […]
Abu Dhabi-based IHC Net Profit nearly Doubles to $2.23 Billion in Q1 2026; Up 33.2% YoY
Syed Basar Shueb, CEO of IHC, commented: “Q1 2026 marks a strong start to the year, reflecting the continued execution of our strategy to scale high-performing platforms and optimise capital allocation across the portfolio. Our performance demonstrates the strength of our diversified model, with broad-based growth, margin expansion, and a significant uplift in profitability. We […]
AE Coin and USDU to Develop A Regulated AED–USD Digital Conversion Framework for Institutional Settlement in the UAE
First structured AED–USD digital conversion powered by Mbank, supporting compliant digital asset settlement in the UAE. Abu Dhabi, UAE – 7 May 2026 AE Coin, the UAE’s first AED-pegged stablecoin licensed by the Central Bank of the UAE, and USD Universal (USDU), a USD-backed stablecoin regulated by the Financial Services Regulatory Authority (FSRA) in Abu […]
Franklin Templeton Launches Two New Shariah-Compliant Funds for Global Investors
Dubai, UAE – Franklin Templeton, a leading global asset manager with more than 35 years of experience investing in Islamic markets, today announced the launch of two new funds in its Luxembourg-domiciled Franklin Templeton Shariah Funds (FTSF) range for Europe, Asia and Middle East investors. FTSF Franklin Global Sukuk Ultra Short Duration Fund2 and the FTSF Franklin Shariah […]
Amnah Ajmal launches SheKnows to redefine women’s leadership through 1:1 access to global C-suite leaders
A first-of-its-kind platform, accelerating women from visibility to influence across sectors and geographies. DUBAI: SheKnows, a global digital platform, made in the United Arab Emirates (UAE), has officially launched with a focus on supporting senior women leaders globally to bring gender equity and drive influence at the highest levels of business and decision-making. The launch comes as organizations across the world, especially in the Middle East & Africa region (MEA), face increasing […]
QNB Group launches International Payment Card Acceptance Services in Syria
Doha, Qatar: Qatar National Bank (QNB) Group, a Qatari public shareholding company, announced the launch of payment card acceptance services and digital payment solutions in Syria, following the recent decision issued by the Central Bank of Syria regarding the modernization of the country’s financial sector. A statement issued by the group explained that this achievement […]
Lean Technologies Scales Pay by Bank in the UAE as Open Finance Payments Go Live
Dubai, UAE – May 6th, 2026 – Lean Technologies, the MENA region’s leading financial infrastructure provider, today announced the expansion of its Pay by Bank capabilities, built on the UAE’s newly operational Open Finance framework. The expansion signals a structural shift in the UAE’s digital payments landscape. With regulated payment initiation now available to businesses, […]
Yuno Partners with Tabby to Enable Buy Now, Pay Later for Merchants Across the MENA Region
Yuno merchants can now offer Tabby’s interest-free, Pay in 4 installment option to consumers. New York City, New York — May 5 2026 — Yuno, the global financial infrastructure platform, today announced a partnership with Tabby, the Saudi Arabia–headquartered financial services app. With this integration, Yuno merchants can now offer Tabby’s payment plans to consumers at checkout. […]
London-listed Man Group joins wave of Global Asset Managers to Set Up Office in Abu Dhabi
ABU DHABI, UAE: ADGM, the international financial centre of Abu Dhabi, today announced that Man Group plc, a London-listed alternative investment firm with approximately USD 228.7 billion in total assets under management, is proceeding with its commitment to establish a presence in Abu Dhabi and has submitted its application for a Category 3A licence. The […]
InvoiceNow Biz F.Z.C. Earns UAE Ministry of Finance eInvoicing Service Provider Pre-Approval
Ajman Free Zone-based company joins the Ministry’s official roster of pre-approved providers, advancing toward final accreditation under the UAE’s national eInvoicing programme. InvoiceNow Biz F.Z.C., a UAE-based eInvoicing service provider headquartered in Ajman Free Zone, has been added to the UAE Ministry of Finance’s official list of Pre-Approved eInvoicing Service Providers, effective 4 May 2026. […]