Dubai, UAE: Mashreq, a leading financial institution in the MENA region, and Cashew, a UAE-based fintech platform, are strengthening their collaboration to co-create an embedded lending framework that brings together regulated banking expertise and digital platform innovation. Leveraging Cashew’s technology infrastructure alongside Mashreq’s regulated lending, credit decisioning, and risk governance capabilities, the framework embeds financing directly […]
Dubai, United Arab Emirates, April 29th, 2026: RAKBANK today reaffirmed its long-standing commitment to the UAE’s SME sector, announcing a series of measures aimed at strengthening business resilience, maintaining credit flow and enabling growth during a period of heightened global uncertainty. For over five decades, supporting small and medium enterprises has been at the core […]
Dubai International Financial Centre (DIFC) announced strong momentum during the first three months of 2026, attracting new global, regional and local clients. 775 new companies established their regional presence in DIFC during the first three months of 2026, reflecting the Centre’s prominence for finance, business, and innovation. This represents a 62 percent increase on the same […]
Operating Profit up 12% YoY to AED 2.5 billion, reflecting a highly efficient operating model Broad-based revenue growth across key businesses translating into strong earnings quality with AED 2.1 billion in pre-tax Net Profit and pre-tax ROTE of 21% Disciplined balance sheet growth with net financing and sukuk investments up 3% YTD to AED 364 […]
Dubai, UAE, Emirates NBD Asset Management, the asset management division of Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has highlighted the success of FundStar UAE Equities Income Fund, the bank’s first public fund in Dubai International Financial Centre, with a milestone achievement of surpassing USD 100 million […]
OSON, a Central Asian financial technology holding, has obtained a regulatory license from the Dubai Financial Services Authority (DFSA), enabling the company to operate within the Dubai International Financial Centre (DIFC) as a regulated financial entity. This development represents a significant milestone in OSON’s international expansion strategy and establishes a foundation for its regional hub […]
Tether, the largest company in the digital asset industry, today announced the launch of the world’s first gold-backed Visa neobanking card in collaboration with Fasset, a stablecoin neobanking and investment platform that allows users to receive money, invest, earn, and make payments from anywhere in the world — marking a strategic step towards mainstream use cases for […]
SpendConsole, an AI-powered payables orchestration platform, has been officially named a Pre-Approved eInvoicing Service Provider by the Ministry of Finance UAE, under the country’s national electronic invoicing framework. The approval, granted in accordance with Article 15 of Ministerial Decision No. 64 of 2025, places SpendConsole among a select group of providers authorised to participate in […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced the launch of a Shari’ah-compliant digital investment solution in gold and silver, seamlessly integrated into the bank’s EI + Mobile Banking App. The new offering, a first-of-its-kind by an Islamic bank in the UAE, empowers customers to buy and sell […]
Al-Bahar: NBK’s performance underscores the strength and resilience of its business model amid heightened regional and global uncertainty Our strong operational efficiency and disciplined execution enabled us to navigate a rapidly evolving geopolitical landscape with confidence The Bank continues to reinforce its position as a trusted partner in supporting national economic stability and delivering sustained […]