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FAB partners with Visa on innovative mobile acceptance solution

First Abu Dhabi Bank (FAB) has partnered with Visa to bring an innovative mobile acceptance solution to UAE merchants.  The new solution, “Tap to...

Huawei Cloud paves way for global opportunities

Cloud computing is booming. The changes in the technology landscape have allowed it to flourish and become a key part of corporate IT strategy...

UAE’s first e-commerce co-branded card “Mashreq noon VIP Visa Credit Card” goes live

Mashreq and noon.com, the region’s homegrown e-commerce platform, today announced that UAE’s first e-commerce co-branded credit card ‘Mashreq noon VIP Visa Credit Card’ is...

Paymentology strengthens Middle East operations to support banks and financial institutions

Paymentology, a payment technology solutions provider, has strengthened its Middle East operations to support the region’s vibrant financial sector with game-changing technology that will...

Abu Dhabi Islamic Bank reports net profit of AED 1.12 billion for the first nine months of 2020

Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED 1.12 billion and net revenue of AED 3.93 billion for the first nine...

Kuwait Finance House achieved KD 101.2 million net profit until end of Q3 of 2020

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has reported net profit of KD 101.2 Million until end of Q3...

Trust more important than ever among Middle Eastern families for successful transfer of family businesses between generations

With around 25,000 high net worth individuals in Europe, Africa, Asia and the Middle East estimated to transfer US$15 trillion to the next generation...

Digital Transformation Grows FinTech Sector

For years, cash transactions were favored by consumers worldwide, as 75% of them conduct most of their transactions in cash. Physical payments were deemed...

Nasdaq Dubai welcomes listing of USD 600 million Sukuk by Islamic Corporation for the Development of the Private Sector

Nasdaq Dubai has welcomed the listing of a UDS 600 million Sukuk by the Islamic Corporation for the Development of the Private Sector (ICD),...

FAB fully digitises account opening process for UAE SMEs

First Abu Dhabi Bank (FAB) has become the first bank in the Middle East to fully digitise the account opening process for SMEs through...

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