AUMs jump 42%, with 154 Fund/Asset Managers and 209 funds operating from ADGM. ADGM issues 1,869 new licences in H1 2025, bringing the total of active licences to 11,128 H1 2025 was defined by transformative deals between top Abu Dhabi institutions and ADGM-registered entities. ADGM is also the region’s largest IFC by market capitalisation, with […]
Kuwait: In continuation to the yearly performance report published in April 2025, KPMG Kuwait published it’s Kuwait-specific half-yearly banking report summarizing the financial performance of the country’s listed banks in H1’2025. Titled Kuwait listed banks’ results – H1’2025, the report offers a comparative analysis of Kuwait’s nine listed commercial banks’ financial results for half year ending June […]
Manama, Bahrain – The Ministry of Transportation and Telecommunications has signed a strategic cooperation agreement with stc Bahrain to launch the Kingdom’s first digital bus station, this pioneering step is part of the government’s efforts to adopt smart and innovative solutions, consolidating the Kingdom’s position as a regional leader in smart and sustainable urban mobility. The stc […]
Dubai, UAE – Zand has announced the launch of ZandPay, an advanced point-of-sale (POS) solution developed in collaboration with Transguard Group and supported by Arab Financial Services. Designed to help businesses manage payments more efficiently, ZandPay combines speed, security, and flexibility, supporting a wide range of payment methods including debit and credit cards, contactless options, […]
Dubai, UAE – Emirates NBD (“the Bank”), a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has signed a USD 350 million aircraft financing deal with Emirates Airline. The facility supports the airline in the delivery of two Boeing 777-200LRF (Long Range Freighter) aircraft, further supporting Emirates SkyCargo’s fleet expansion and growth […]
Ajman, United Arab Emirates – Ajman Bank has announced a strategic collaboration with Franklin Templeton, one of the world’s largest global asset managers with approximately $1.62 trillion in assets under management, to bring a suite of Shariah-compliant investment solutions to its wealth management clients in the UAE. Through this partnership, Ajman Bank will provide access to […]
This marks a significant step towards enhancing the digital payment landscape in the region by meeting the growing demand for seamless, technology-driven dining experiences. Dubai, UAE: Mastercard has announced a strategic collaboration with Qlub, a leading fintech innovator in the hospitality sector, to advance digital and contactless payments across the GCC. This marks a significant step […]
Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding (MoU) with the Arab Bank for Investment and Foreign Trade (Al Masraf). This strategic agreement is designed to enhance collaboration across various domains related to insurance and risk management, in support of the trade and real estate sectors. Moreover, it […]
United Arab Emirates – United Arab Bank (UAB) has announced a strategic collaboration with Abu Dhabi Securities Exchange (ADX), one of the region’s fastest-growing exchanges, to facilitate access to Abu Dhabi based capital markets. This partnership will enable UAB’s customers to seamlessly subscribe for upcoming IPOs (Initial Public Offerings) directly through the bank, or through ADX’s […]
The collaboration includes setting up Zain Cash Innovation Hub with primary focus on payment innovation. Amman, Jordan; 02 September 2025: Zain Cash announced a collaboration with Mastercard to advance the adoption of digital payments and develop the fintech’s card portfolio in Jordan. The fintech company will implement value-added services and platforms to deliver innovative payment solutions, […]