In collaboration with the Abu Dhabi Family Business Council BOSTON/LONDON AND ABU DHABI, UAE – Partners Capital Investment Group (“Partners Capital”), In collaboration with the Abu Dhabi Family Business Council affiliated with the Abu Dhabi Chamber, announced the opening of its newest office in Abu Dhabi. The event was attended by His Excellency Zaki Anwar Nusseibeh, […]
Singapore Gulf Bank (SGB), a fully licensed bank backed by Whampoa Group and Mumtalakat, today announced a strategic banking relationship with Standard Chartered. The collaboration improves SGB’s multi-currency services and payment rails in emerging markets as well as aims to streamline payment flows and reduce friction in cross-border transactions. This further supports SGB’s digital asset […]
Dubai, UAE: Network International (Network), a leading FinTech company across the Middle East and Africa, announced the renewal of its processing and back-office management agreement with Emirates NBD Group, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region. Under the renewed commercial arrangement, Network will continue to provide processing and back-office […]
Launch coincides with Letshego’s 15-year milestone in the market MAPUTO, Mozambique, Mastercard, in collaboration with Mozambican financial services provider Letshego, has launched a debit card in Mozambique, marking a significant step forward in enhancing access to secure, convenient, and globally accepted digital payment solutions. The introduction of the Letshego Debit Card supports Mozambique’s transition toward a […]
• Revenue increased by 23% to AED 12.4 billion (US$ 3.4 billion) • EBITDA grew by 34% to AED 7.2 billion (US$ 2 billion) • Net profit before tax rose by 33% to AED 7.2 billion (US$ 2 billion) Dubai, United Arab Emirates: Emaar Properties PJSC (DFM: EMAAR) delivered a strong start to the year 2026, supported by […]
Abu Dhabi Airports Free Zone (ADAFZ), the commercial free zone division of Abu Dhabi Airports, sealed transformative memoranda of understanding (MoUs) with prominent ecosystem partners—Abu Dhabi Food Hub and Wio, the UAE’s top digital banking provider—while showcasing its capabilities at the Make it in the Emirates (MIITE) 2026 event. Overseeing one of Abu Dhabi’s most […]
United Arab Emirates, May 11, 2026 — AE Coin, the UAE’s first Central Bank-licensed, AED-backed stablecoin, is now accepted by Nephos Group as the first professional services firm in the region to accept stablecoin payments, marking AE Coin’s arrival in mainstream business services. The move signals a broader evolution in how regulated digital currencies are […]
Source: Reuters Hong Kong: Major Middle Eastern banks are accelerating their expansion in Hong Kong as they seek to deepen connectivity with China and support growing trade and investment flows between the Middle East and Asia. According to a Reuters report, First Abu Dhabi Bank, the UAE’s largest lender by assets, plans to nearly double […]
Abu Dhabi, UAE: The Central Bank of the UAE (CBUAE) has announced key outcomes of its comprehensive proactive UAE support package aimed at strengthening the resilience of financial institutions and supporting customers impacted by economic disruptions. According to the CBUAE, the total value of facilities benefiting from the package reached AED6.2 billion. The measures included […]
DUBAI, United Arab Emirates – Standard Chartered announced the appointment of Michelle Swanepoel as Head of Financing and Securities Services (FSS), Middle East and Africa. Based in Dubai, she will lead the business across the region effective 1 July 2026. Michelle succeeds Scott Dickinson, who will be retiring from the bank on 30 June after more […]