Backed by over $1 billion in initial equity commitments; targeting $10 billion in liabilities AI-native approach at the core of the reinsurance platform to enhance data and market analytics, and optimize capital efficiency Enabled by a strategic partnership with BlackRock, who will deliver best-in-class asset management, advisory and technology capabilities Lunate will also be a partner, […]
Source: Zawya Of this, the value of transfers executed by banks during the first two months of this year amounted to AED2.093 trillion. Banking operations statistics released by the Central Bank of the UAE (CBUAE) showed that the value of transfers executed within the country’s banking sector through the UAE Funds Transfer System (UAEFTS) rose […]
Partnership offers significant benefits, including free annual Ignyte memberships, exclusive plan discounts, and a collaboration on the Ignyte challenge to solve real-world problems for small businesses to accelerate SME growth in alignment with the UAE’s vision for a sustainable, innovative economy. Dubai, UAE: du, the leading telecom and digital services provider, today announced its strategic partnership […]
Dubai, United Arab Emirates – In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold. Founded to democratize […]
Dubai, UAE: Salik Company PJSC (Salik), the exclusive toll gate operator of the Emirate of Dubai, has announced the signing of a Memorandum of Understanding (MoU) with ENOC Group, a leading integrated global energy player, to develop smart and seamless payment solutions that enhance the customer experience at ENOC service stations. The Memorandum of Understanding (MoU) […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its new Business Banking Diamond account. The account is a premium and bespoke offering crafted to deliver a superlative banking experience for the sophisticated financial needs of high-value Small and Medium Enterprises (SMEs) and established businesses. The launch was […]
Sharjah, UAE – Bank of Sharjah has announced a strong start to 2025, posting a net profit of AED 116 million for the first quarter ended March 31, 2025, marking a 45% increase compared to AED 80 million in Q1 2024. The solid performance follows the Bank’s remarkable turnaround in 2024 and reflects continued momentum driven […]
Dubai, UAE – In a strategic move set to redefine customer loyalty and retail banking in the UAE, Landmark Group and Abu Dhabi Commercial Bank (ADCB) have officially launched the Shukran ADCB Credit Card. This powerful collaboration brings together Landmark Group’s flagship loyalty programme, Shukran, with ADCB’s robust retail banking capabilities. The announcement was made […]
United Arab Emirates: Visa, a global payments technology leader, and Whish Money SAL, a leading regional fintech, are pleased to announce one of the most strategic partnerships in the region. This partnership will enable Whish to leverage Visa’s advanced services and technology for payments and money movement, while allowing Visa to expand its service offerings to […]
Seventh edition of the Futuremakers Women in Tech Accelerator to empower female entrepreneurs in the UAE with skills, funding, and global networks. United Arab Emirates– Standard Chartered announced today the launch of the seventh cohort of the Futuremakers Women in Tech UAE Accelerator, in partnership with C3 – Companies Creating Change and Village Capital. The […]