Profit before tax increased by 5.4% year-on-year to KD 734.6 million Al-Bahar: Our financial results for 2025 reflect NBK’s ability to adapt to evolving conditions and navigate an increasingly complex economic landscape. We continue to successfully execute our strategy by balancing the delivery of superior shareholder returns with meeting the growing and evolving needs of our customers. Sustainability […]
CBI achieves record profit in 2025, delivering AED 311mln pre-tax net profit with 40% YoY growth
Abu Dhabi, UAE – Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today announced strong financial results for the full year ended 31 December 2025, marking the highest profitability in the Bank’s history and demonstrating significant progress in its strategic transformation. Key Highlights: Pre-tax net profit of AED 311 […]
PayPal partners with NEO PAY to Accelerate Cross-Border Payments for Businesses Across the UAE
PayPal, a global digital payments and commerce platform, today announced a strategic partnership with NEO PAY, the UAE’s fast-growing digital payments leader. With this partnership, PayPal is taking another bold step in reshaping digital commerce across the Middle East and Africa by bringing businesses closer to a borderless, secure, and frictionless cross-border payment future. Through […]
Careem Pay accelerates global remittance with wallet transfers to Egypt and cash pickups in Lebanon and the Philippines
Cash pickup is now available in Lebanon through partnership with Whish Money at over 1,000 locations. Cash pickup is now available in the Philippines at 14,750 locations, as well as improved transfers to Philippines wallets with direct GCash integration, delivering transfers in under 10 minutes. Dubai, UAE – Careem Pay, the digital payments platform within the Careem […]
Falconbridge Advisors Announces Doha Expansion to Bridge Institutional Capital with Qatar’s $200B+ Non-Hydrocarbon Economy
Strategic move positions the female-led advisory firm as a primary corridor facilitator for global capital navigating Qatar’s Third National Development Strategy (NDS3). DOHA, QATAR – Falconbridge Advisors, the Dubai-headquartered boutique advisory firm, today announced the strategic expansion of its operations with the opening of its Doha office. The move formalizes and strengthens the commercial bridge […]
Visa establishes new region to accelerate digital payments growth in UAE, Kuwait & Qatar
Dubai – Visa today announced the creation of a new region within Central and Eastern Europe, the Middle East and Africa (CEMEA) bringing the United Arab Emirates, Kuwait and Qatar under a dedicated leadership structure. This new region reflects Visa’s long-standing commitment to these strategically important markets and is designed to further accelerate innovation, strengthen local partnerships, and deliver […]
Mirae Asset Global Investments Signs MoU with Ctrl Alt to Explore Fund Tokenization in the UAE
Dubai, UAE – January 22, 2026 – Mirae Asset Global Investments, a multinational asset manager, has signed a Memorandum of Understanding (MoU) with Ctrl Alt, a leading tokenization infrastructure provider, to pioneer fund tokenization in the UAE. The partnership aims to expand access to alternative assets by exploring how existing regulated frameworks may be used for […]
UAE’s Wio Bank Inks Partnership With Global Fintech Pine Labs to Modernise Merchant Acquiring Infrastructure
DUBAI, United Arab Emirates — Pine Labs, a global fintech platform transforming how businesses accept and manage payments, today announced a strategic partnership with Wio Bank, the Middle East’s leading digital financial platform. The collaboration is going to build a modern acquiring infrastructure for Wio Bank with no legacy tech dependency, enabling faster merchant onboarding, […]
Floward Launches “Floward Card” in Jordan in Partnership with Gate To Pay and Mastercard
Amman, Jordan — Floward has announced the launch of the Floward Card in Jordan, a prepaid payment card introduced in collaboration with GateToPay and Mastercard, marking a significant step in modernizing gifting traditions across the region. Cash gifting has long been a deeply rooted cultural practice in the Middle East, commonly exchanged during weddings, graduations, […]
ADX and Saal.ai collaborate to design an innovative platform for market data dissemination
Abu Dhabi: The Abu Dhabi Securities Exchange (ADX) Group has engaged Saal.ai to jointly design and create a next-generation market data dissemination platform to support the dynamic needs of ADX. The announcement was made at UMEX, currently being held at ADNEC in Abu Dhabi, aligning the milestone with one of the region’s leading platforms for […]