DIB makes homeownership more accessible with Off-Plan Home Finance solutions

DIB makes homeownership more accessible with Off-Plan Home Finance solutions

The proposition offers financing of up to 50% of the property value, offering greater flexibility and transparency throughout the construction journey Available to eligible UAE Nationals, residents and non-residents Dubai, UAE – DIB, the world’s leading Islamic financial group and the largest Islamic bank in the UAE, has launched a new Off-Plan Home Finance proposition designed […]

Al Baraka Islamic Bank Joins Bahrain’s Wage Protection System for Corporate and Institutional Clients

Al Baraka Islamic Bank Joins Bahrain’s Wage Protection System for Corporate and Institutional Clients

Manama, Kingdom of Bahrain: Al Baraka Islamic Bank B.S.C (c) announced joining the Wage Protection System (WPS), enabling its corporate and institutional clients to manage employee salary payments efficiently and conveniently, in line with the approved regulatory requirements in the Kingdom of Bahrain. This step comes as part of the Bank’s commitment to developing its […]

CIB-backed digital banking platform, yomo secures Initial Banking Licence, Ready to Lead Egypt’s Digital Banking Evolution

CIB-backed digital banking platform, yomo secures Initial Banking Licence, Ready to Lead Egypt’s Digital Banking Evolution

CIB-backed digital banking platform, yomo, set to make managing money simpler, more accessible and more empowering for millions of Egyptians at home and abroad. Cairo, Egypt: Commercial International Bank – Egypt (CIB) announces that the Bank received today preliminary approval from the Central Bank of Egypt to establish yomo digital bank, in line with Egypt’s digital […]

Capital.com to Offer Spot Virtual-Asset Services in the UAE after Capital Vault Secures full CMA Licence

Capital.com to Offer Spot Virtual-Asset Services in the UAE after Capital Vault Secures full CMA Licence

Capital.com clients in the UAE will be able to buy and hold crypto-assets, following a full CMA licence granted to affiliate Capital Vault Virtual Services L.L.C – S.P.C. ABU Dhabi , UAE: Capital.com today announced plans to offer virtual-asset investment services to clients in the UAE. The move follows a licence granted to its affiliate, Capital […]

Citi, HSBC, Standard Chartered, Deutsche ​Bank, and Barclays, Adopt Ant International’s Forex AI Tool

Citi, HSBC, Standard Chartered, Deutsche ​Bank, and Barclays, Adopt Ant International’s Forex AI Tool

HONG KONG: Ant International launched an upgraded version of its artificial intelligence model on Thursday, signing up major global banks as financial institutions accelerate the adoption of specialised AI to manage liquidity risks. The Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including Citi, HSBC, […]

Ajman Bank and Numou Sign MoU to Expand Shari’ah-Compliant SME Financing in UAE

Ajman Bank and Numou Sign MoU to Expand Shari’ah-Compliant SME Financing in UAE

Ajman, UAE: Ajman Bank, one of the UAE’s leading Islamic financial institutions, has signed a Memorandum of Understanding (MoU) with Numou Ltd, a subsidiary of Abu ADGM, the international financial centre of Abu Dhabi and a UAE-based digital financing marketplace , to explore strategic collaboration opportunities aimed at expanding access to Shari’ah-compliant financing solutions for small […]

SNB Group Launches the First World Legend Mastercard in the Middle East and North Africa (MENA) Region

SNB Group Launches the First World Legend Mastercard in the Middle East and North Africa (MENA) Region

Riyadh, Saudi Arabia; SNB Group, in collaboration with Mastercard, today announced the launch of the SNB World Legend Mastercard, becoming the first financial institution in the Middle East and North Africa to to offer Mastercard’s most prestigious card tier to its Private Banking clients. The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and […]

FAB’s Digital Financial Platform Payit Launches ‘Send Now Pay Later’ for International Transfers

FAB’s Digital Financial Platform Payit Launches ‘Send Now Pay Later’ for International Transfers

Abu Dhabi, UAE: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has announced that Payit, its digital financial platform, has launched Send Now Pay Later (SNPL), giving eligible customers greater flexibility and control over how they send money internationally. Whether it’s supporting family during an […]

Ministry of Finance partners with DIFC to develop the next generation of financial leaders and advisers

Ministry of Finance partners with DIFC to develop the next generation of financial leaders and advisers

Two specialised programmes structured around four core pillars covering leadership development, artificial intelligence, financial analysis, strategic planning and financial advisory Flexible learning framework offering face-to-face, virtual and hybrid delivery Younis Haji AlKhoori: Partnership reflects the Ministry’s vision of building a more efficient, sustainable and innovation-driven public financial ecosystem Arif Amiri: This collaboration reinforces DIFC’s commitment to […]