Mashreq bank delivers record H1 2026 Profit Before Tax of AED4.8 Billion, Up 18% YOY

Mashreq Bank delivers record H1 2026 Profit Before Tax of AED4.8 Billion, Up 18% YOY

Dubai: Mashreq Bank reported a record profit before tax of AED 4.8 billion for the first half of 2026, marking an 18% year-on-year increase, supported by strong growth in lending, customer deposits and non-interest income despite heightened geopolitical and macroeconomic uncertainty. The UAE lender generated operating income of AED 6.8 billion during the six-month period, […]

Visa and noon Launch 'Tap to Tip' Initiative to Enable Contactless Tipping for Delivery Riders in UAE

Visa and noon Launch ‘Tap to Tip’ Initiative to Enable Contactless Tipping for Delivery Riders in UAE

UAE, Dubai – Visa and noon have partnered to launch Tap to Tip, a new initiative designed to make it easier for residents across the UAE to support delivery riders through simple, contactless tipping. As the UAE continues its shift toward digital payments, opportunities to tip in cash are becoming less common. Visa’s latest Where Cash Hides study found […]

Stc pay partners with PayPal to launch seamless cross-border fund transfers in Bahrain

stc pay partners with PayPal to launch seamless cross-border fund transfers in Bahrain

Manama, Bahrain: stc pay Bahrain, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has partnered with PayPal, a global leader in digital payments, to launch seamless cross-border fund transfers, enabling customers to link their PayPal accounts directly to the stc pay app and move funds between both platforms. This new service allows users […]

JPMorgan Chase Plans to Open a Branch in Iraq

JPMorgan Chase Plans to Open a Branch in Iraq

JPMorgan Chase plans to establish a branch in Iraq to finance projects undertaken by American companies, marking a significant step in expanding the global banking giant’s presence in the country and supporting Iraq’s efforts to attract foreign investment. The agreement was reached during a meeting in Washington between Iraqi Prime Minister Ali Al-Zaidi and representatives […]

Juspay and Recurly partner to accelerate growth in subscription payments

Juspay and Recurly partner to accelerate growth in subscription payments

Juspay, a global payments technology company serving enterprises and banks, today announced a partnership with Recurly, a leading subscription management and recurring billing platform. The collaboration integrates Juspay’s open-source payment orchestration platform, Hyperswitch, into the Recurly ecosystem. This partnership enables Recurly’s merchants to reduce payment failures, scale with new payment providers, and accelerate go-to-market with […]

Ajman Bank Partners with Careem to bring Lifestyle Rewards to Customers

Ajman Bank Partners with Careem to bring Lifestyle Rewards to Customers

 Offer valid twice a month on a minimum order of AED 50  Customers simply add their BRight card in the Careem app to redeem Further rewards across Careem’s services to follow Ajman, UAE – Ajman Bank has partnered with Careem, the region’s leading Everything App, to offer customers exclusive rewards and lifestyle benefits across Careem’s digital […]

BlueFive Capital Appoints Marwan Elaraby as President – MENA to Drive Regional Growth

BlueFive Capital Appoints Marwan Elaraby as President – MENA to Drive Regional Growth

Marwan Elaraby will join BlueFive Capital as President – MENA, reporting to Founder & Chief Executive Hazem Ben-Gacem He will support on BlueFive’s corporate initiatives across its expanding platform and managing key stakeholder relationships BlueFive Capital, the global investment platform with more than $15 billion in assets under management, today announced the appointment of Marwan Elaraby […]

Emaar Development and ADCB Partner to Offer Innovative Home Financing Solutions in Dubai

Emaar Development and ADCB Partner to Offer Innovative Home Financing Solutions in Dubai

Dubai, UAE – Emaar Development has partnered with Abu Dhabi Commercial Bank (ADCB) to introduce enhanced mortgage and financing solutions aimed at simplifying the home-buying journey for customers purchasing properties across Emaar Development’s portfolio of ready and off-plan residential communities in Dubai. The strategic collaboration combines ADCB’s mortgage expertise with Emaar Development’s premium real estate […]