Fintech News

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 […]

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 […]

The programme is being rolled out in collaboration with Dubai Chambers, reinforcing a shared commitment to strengthening the emirate’s business ecosystem during a period of economic pressure. Dubai, UAE: Qashio, the leading spend management platform headquartered in Dubai, has announced the launch of “Qashio For You”, a targeted initiative designed to support small and medium-sized […]

Kuwait: Kuwait Financial Centre “Markaz” announced that it has won the “Best Local Investment Bank 2025” and “Best Asset Manager in Kuwait 2025” awards from EMEA Finance at the Middle East Banking Awards 2026 ceremony held recently in Dubai. The awards reflect Markaz’s leading position in the market and its role in providing investment solutions across […]

Landmark transaction highlights yet another significant achievement for Emirates Islamic in procuring long-term USD funding for the bank Dubai, UAE, Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has successfully concluded its USD 500-million, five-year Club Commodity Murabaha term facility. The landmark transaction highlights yet another significant achievement in securing long-term USD […]

IHC to acquire 41.5% stake in Sammaan Capital for USD 1 billion 26.9% stake already acquired, with remaining stake via warrants over 18 months IHC to become Promoter of Sammaan Capital, reinforcing its strategic expansion into India’s financial services sector Abu Dhabi, UAE: IHC, a global investment company focused on building dynamic value networks, today announced […]

One of the largest syndicated borrowings in the GCC region Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully closed USD 2.25 billion in long-term financing. The transaction includes a USD 1.75 billion five-year sustainability-linked syndicated term loan (SLL) and a USD 500 million five-year […]

Dubai, UAE: Imbono has formally launched as a global investor‑operator platform, consolidating Gemcorp ICS and Gemcorp Angola into a single integrated entity built to finance, execute, and operate strategic projects across emerging markets. The company has also strengthened its long‑term base in Dubai as it accelerates growth. Headquartered in the UAE with regional hubs across emerging […]

MUSCAT – Small and medium enterprises (SMEs) have become one of the main pillars of Oman’s national economy, given their rapid growth, expanding role in job creation, and ability to empower ambitious Omani youth to set up their own businesses, alongside a steadily rising contribution to GDP. As the Sultanate advances its Vision 2040 diversification […]

Abu Dhabi: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has hosted a virtual AI Agentathon in collaboration with Presight and supported by Microsoft. The initiative brought together internal and external participants to develop AI-driven solutions addressing real business challenges across the Bank. The Agentathon […]