Abu Dhabi, UAE – Barings, one of the world’s leading alternative investment managers, today announced the opening of its new office in Abu Dhabi. This strategic expansion underscores Barings’ commitment to the Middle East and its confidence in the region’s long-term growth, resilience, and investment opportunities. The Abu Dhabi office follows the successful launch of Barings’ […]
Nasdaq Dubai Sustains Strong Momentum in Q1 2026, Raising over $8bln in Fixed Income Listings
Dubai, UAE – Nasdaq Dubai recorded 18 fixed income listings in Q1 2026, raising over USD 8 billion, bringing the total outstanding debt listings to USD 149 billion. The performance reflects sustained issuer activity and steady investor demand across global fixed income markets. Activity during the quarter largely reflects transactions completed in the first two months, […]
Mashreq partners with Toothpick to launch UAE’s First Digital Loan Solution for Healthcare Services
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has partnered with Toothpick, a prominent healthcare platform with a network of more than 1,000 dental and aesthetic clinics, to launch Mashreq NEO Credit Loans, a new embedded financing solution that enables customers using Toothpick network clinics across the UAE to access flexible, high-value […]
Qatar Islamic Bank (QIB) achieves QAR 986mln net profit for three months’ period ended 31 March 2026
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the three months’ period ended 31 March 2026. Net Profit attributable to the Shareholders of the Bank amounted to QAR 986 Million for the three months’ period ended 31 March 2026. Total Assets of the Bank as at 31 March 2026 stands at QAR 224 […]
ADIB strengthens partnership with Jubail Investment company to deliver landmark development in Abu Dhabi
Abu Dhabi, UAE, Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail Investment Company (JIC). The Jubail Island project, solely financed by ADIB from inception through to completion, reflects the Bank’s integrated approach to supporting landmark […]
Maybank completes first transaction under its inaugural pilot project for tokenised deposits and cross-border payment
Datuk Seri Khairussaleh Ramli, president and group CEO of Maybank, said the bank’s strategic focus on the MYR-SGD currency pair reflects the ambition to lead in facilitating seamless cross-border transactions, leveraging Maybank’s Malaysia-Singapore corridor advantage and position as an Asean gateway bank KUALA LUMPUR (March 31): Maybank, a participant of Bank Negara Malaysia’s Digital Asset […]
Du Pay and GCash join forces to deliver added value on cross-border transfers to the Filipino community in the UAE
Dubai, UAE – du Pay, the advanced digital financial services platform from du, a secure mobile application for managing money in the UAE, has signed a strategic Memorandum of Understanding (MoU) with GCash, the Philippines’ leading super finance app, to enhance the overall cross-border payment experience of overseas Filipinos in the United Arab Emirates (UAE). As […]
Revolut Secures Organisation Authorisation in Peru, Moving to Formally Incorporate as a Bank
Revolut has been granted an Organisation Authorisation by the SBS, a critical step in the licensing process toward operating a fully regulated new bank in Peru Peru joins Brazil, Mexico, Colombia, and Argentina as a key pillar in Revolut’s Latin American expansion, supporting its global goal of expanding into 100 markets Revolut continues to scale […]
Hillhouse Investment Management Expands Middle East Presence with New ADGM Office and FSRA License
New office in ADGM underscores Hillhouse’s confidence in Abu Dhabi’s role as a global financial hub and long-term regional growth Hillhouse Investment Management (“Hillhouse”), one of the world’s leading global private alternative asset managers, today announced the opening of a new office within ADGM and that it has obtained a Category 3C license from the […]
Visa launches new AI Tools to Manage the Charge Dispute Process
Fraudulent disputes and administrative inefficiencies drive billions in avoidable economic costs Six new and enhanced dispute resolution tools utilize AI and proprietary technology to help provide issuers, acquirers and merchants with increased visibility into costly fraud expenses SAN FRANCISCO–(BUSINESS WIRE)– Visa (NYSE: V), a global leader in digital payments, announced six new dispute resolution tools designed […]