KARACHI: Standard Chartered Pakistan and Emirates have entered into a strategic partnership by signing a Memorandum of Understanding (MoU). The collaboration offers significant benefits to Standard Chartered Credit Card holders, special fares on tickets purchased online through the Emirates website. Additionally, customers can opt to split their payments into convenient monthly instalments of up to 12 months. […]
The partnership will streamline cross-border payments to 120 countries worldwide through the adoption of the Visa B2B Connect platform. Businesses will enjoy efficient, reliable and secure, money transfer services. Account-to-account transactions from QIB Corporate accounts to beneficiary banks to be facilitated through the deployment of Visa B2B Connect. QIB Corporate and SME customers will gain […]
Dubai – In a collaborative effort to support and engage with the Pakistani labor community, National Bank of Pakistan (NBP) and Instant Cash successfully organized a vibrant musical roadshow at DULSCO, Al Warsan Camp in Dubai on Saturday, May 24. Despite the soaring temperatures exceeding 50°C, the event witnessed an impressive turnout, reflecting the enthusiasm […]
Dubai, United Arab Emirates: Standard Chartered announced today the launch of Beneficiary Validation of accounts domiciled in the UAE – a cutting edge solution designed to bolster client confidence and improve domestic payment processes across the UAE. Developed in partnership with the Central Bank of UAE, this innovative solution allows corporate clients to verify payee […]
The 2025 findings illustrate that UAE SMEs continue to build on the momentum of the resilience demonstrated in recent years. Dubai, United Arab Emirates – RAKBANK has released its latest SME Confidence Index, highlighting a promising outlook for the UAE’s Small & Medium Enterprise (SME) sector. Based on insights from over 1,200 UAE-based SMEs collected between […]
Manama, Kingdom of Bahrain: In a significant leap forward for digital finance, Mawarid Finance, in strategic collaboration with Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler across the Middle East and Africa, has officially launched a comprehensive digital application poised to redefine credit card issuance and management. This pioneering initiative underscores […]
This marks a key milestone in Nayla’s mission to empower small and medium-sized enterprises (SMEs) in the Kingdom by offering ethical and Sharia-compliant financial services. Saudi-based Nayla Finance has announced that its micro-financing solutions platform has received Sharia certification from the Shariyah Review Bureau (SRB), a leading Sharia advisory firm licensed by the Central Bank of Bahrain. […]
The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share through an accelerated bookbuilding. DUBAI – First Abu Dhabi Bank (FAB), the UAE’s biggest bank by assets, is looking to raise around $480 million from a secondary share sale, the bookrunner for the deal […]
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has signed a strategic cooperation agreement with Bahrain Clear, a fully-owned subsidiary of Bahrain Bourse, to launch eIPO Service (electronic initial public offering service) on BenefitPay. This initiative marks a significant advancement in streamlining investor access to public share offerings on the […]
The awards celebrate excellence in banking innovation and digital transformation across the Middle East and Africa. Ajman Bank has been recognised as one of the winners at the prestigious MEA Finance Banking Technology Awards 2025, held on 8 May at the Armani Hotel, Burj Khalifa in Dubai. Now in its fifth year, the awards celebrate […]