BlueFive Capital announced that it launched BlueFive Leasing. This initiative establishes one of the first dedicated aircraft leasing asset management platforms in the Gulf Cooperation Council (GCC) region, marking a significant milestone in the development of the area’s aviation finance landscape. BlueFive Leasing will be based out of the firm’s offices in Muscat, Oman. The new platform […]
Singapore-based Ascentium Acquires UAE’s Clara, Expanding into the ADGM and Strengthening its Middle East Presence
SINGAPORE, Feb. 12, 2026 – Ascentium, a leading global business services platform headquartered in Singapore, has acquired Clara, the largest licensed corporate service provider (CSP) in the Abu Dhabi Global Market (ADGM). This acquisition significantly expands Ascentium’s footprint in the Middle East via Clara’s established presence in ADGM and the Dubai International Financial Centre (DIFC). Clara is a critical partner for […]
Mashreq becomes first UAE bank to offer digital cross-border accounts for non-resident Pakistanis
Dubai, UAE: Mashreq, a leading financial institution in the MENA region, has announced the launch of a groundbreaking cross-border service for its UAE-based Pakistani customers. For the first time, the bank’s Pakistani customers living in the UAE can now open accounts with Mashreq Pakistan fully remotely, enjoy a single view of their accounts and transfer money […]
e& money opens a new era in financial access following Finance Company license
Dubai – e& money announced the beginning of a bold new era in its journey to reshape digital finance in the UAE, following the approval of a Finance Company license from the Central Bank of the UAE. This milestone marks more than an expansion of services. It signals a shift in ambition from enabling transactions to unlocking financial […]
Mastercard and Central Bank of Syria launch knowledge-sharing exchanges under strategic collaboration framework
Damascus, Syria: Mastercard and the Central Bank of Syria have launched a series of structured knowledge sharing exchanges and technical workshops aimed at strengthening institutional capabilities and advancing best practices in payments and financial services. The initiative builds on the strategic cooperation framework established through a memorandum of understanding (MoU) signed in September 2025, and reflects […]
Visa advances payments modernization in Syria with inaugural conference and central bank workshop
Damascus – Visa, a global leader in digital payments, today reinforced its support for the establishment of a future-ready payments ecosystem in Syria through “Visa Connect Syria”, an inaugural industry gathering of financial institutions, ecosystem partners, and policymakers focused on advancing secure, modern digital commerce. The event was followed by a technical workshop with the Central Bank […]
DIB delivers strong revenue of AED 13.3bln and pre-tax profit of AED 9.0bln as total assets grow 21% to AED 416bln
Robust growth in Net Financing Assets of 23% YoY to AED 262 billion, with Sukuk investments reaching AED 91 billion, up 10% YoY Customer Deposits accelerated by 29% YoY to AED 320 billion Pre tax profit grew by 20% to AED 9.0 billion against normalised FY’24 pre tax profit of AED 7.5 billion* Proposed dividend of […]
Alpha Dhabi reports record results with highest ever full year revenue of AED 78.8bln, and strongest ever net profit of AED 15.0bln
Mohamed Thani Murshed Ghannam Al Rumaithi: “Achieving record-breaking results across revenue, net profit, and adjusted EBITDA is a milestone to be proud of. Yet, it’s important to remember that this didn’t happen by chance, nor is it a single occurrence – our performance in 2025 represents years of persistence as well as tactful execution across […]
Liv and Union Coop partners to offer more value and rewards to UAE consumers in collaboration with Mastercard
Liv Tamayaz Mastercard Platinum credit card and Liv Tamayaz Mastercard World credit card delivers unmatched everyday value under the promise of ‘Your everyday, upgraded’, offering consumers up to 10% cashback on Union Coop purchases, along with enhanced lifestyle benefits. Dubai, UAE: Liv, the UAE’s first and largest digital bank launched by Emirates NBD, a leading banking […]
DeFi Technologies launches the DEFT Valour Investment Opportunity Index
A regulated, capital-based benchmark delivering forward-looking insight into digital asset markets DeFi Technologies (via Valour) launched the DEFT Valour Investment Opportunity (DVIO) Index, an institutional-grade benchmark that tracks how regulated investor capital is allocated across digital assets using real flows through Valour’s ETP platform. The Index is designed to deliver higher “signal quality” than typical […]