DUBAI, UAE – Sahm, a fintech-driven investment services provider, today announced that it has been granted a licence by the Dubai Financial Services Authority (DFSA), further strengthening Valuable Capital Group Limited(VCGL)’s presence in the region. Issued to its UAE entity, Sahm Financial Limited, the licence marks a significant step in establishing the firm’s regulated operations […]
Dubai, UAE: The Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region, today announced that it will become the world’s first AI-Native financial centre, embedding artificial intelligence at the foundational level of its legal frameworks, business environment, talent development, ecosystem infrastructure and physical urban fabric. While […]
Dubai, UAE: RAKBANK has reported a record quarterly profit after tax of Dh1 billion for the first quarter of 2026, reflecting a 43% year-on-year increase, driven by strong balance sheet growth and a one-off gain from a business divestment. The bank’s performance was bolstered by a Dh473 million gain from the sale of its merchant […]
Part of the Visa Intelligent Commerce portfolio, Intelligent Commerce Connect will enable more ways for agents to pay and merchants to accept agentic transactions in a single integration Currently in pilot with select partners including Aldar, AWS, Diddo, Highnote, Mesh, Payabli, Sumvin, and rolling out to more partners this year Amman, Jordan – Visa Inc. (NYSE: […]
In line with the Dubai 2040 Parks and Greenery Strategy The pioneering initiative transforms parks into integrated environments that support modern lifestyles and work patterns while enhancing economic productivity Memorandum of Cooperation with Group AMANA to design and develop the first “Work from Park” destination at Al Barsha Pond Park using modular construction solutions Collaboration […]
Abu Dhabi, United Arab Emirates; The Abu Dhabi Securities Exchange Group (ADX) has announced its collaboration with the Abu Dhabi Global Entrepreneurship Festival (ADGEF) as its “Capital Markets Partner” to advocate financial literacy, investment proficiency, and investment knowledge for the next generation of entrepreneurs and investors. Held under the patronage of H.H. Sheikh Zayed bin Nahyan bin […]
MANAMA, Bahrain: Singapore Gulf Bank (SGB) today announced the launch of its stablecoin mint and redeem service. Corporate and high-net-worth clients can now convert between fiat and stablecoins directly from their SGB accounts, enabling instant, 24/7 settlement without relying on traditional correspondent banking flows. To support the launch, in a banking industry first, SGB will waive […]
Earn cashback on every purchase, including groceries, fuel, dining or online shopping, and redeem easily through ruya Mobile App. Terms and conditions apply Ajman, UAE: ruya, a digital-first Islamic bank that believes in empowering individuals, businesses and communities in the UAE to help achieve their goals in life, today announced the launch of the ruya Mastercard Cashback […]
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced the successful execution of a USD 250 million syndicated term loan facility (“Project Radium II”) for Dar Global plc, the London-listed luxury international real estate developer. Dar Global plc, which is majority owned by Dar Al […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first bank in the UAE to be licensed as a Third‑Party Provider (TPP) or Open Finance Provider under the UAE Central Bank Open Finance AlTareq initiative. This milestone marks a significant step in ADIB’s transformation journey and 2035 vision to […]