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MEA Finance

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February 2025



AFS partners with Nsano to transform Card Payments in Africa

Arab Financial Services (AFS) signed a strategic partnership with Nsano, a leading pan-African payment processor and mobile money aggregator headquartered in Accra. This collaboration...

Al Fardan Exchange partners with Visa for enhanced global money movement solution

Al Fardan Exchange has rolled out its new cross-border remittance service through Visa Direct, in collaboration with Visa, a world leader in digital payments....

Fuad Mohamed appointed as new CEO of Arab Bank for Investment and Foreign Trade (Al Masraf)

Arab Bank for Investment and Foreign Trade (Al Masraf) has announced the appointment of Fuad Mohamed as the bank’s new Chief Executive Officer. The...

Emirates NBD brings back its Mega Foreign Exchange and Trade customer promotion for SME customers

Emirates NBD has announced the return of its Mega Foreign Exchange and Trade promotion, making it more rewarding than ever for Business Banking customers...

Infosys Finacle unveils new asset Liability Management Solution for enhanced risk and exposure oversight

Infosys Finacle announced the launch of the Finacle Asset Liability Management Solution – a liquidity and interest rate risk management solution that provides banks with an...

UAE Payment Trends to Watch in 2025

The UAE is racing to the future of payments fueled by technological advancements, evolving consumer behaviors and expectations, and the government’s vision for a...

Mashreq reports record AED 9.9 billion net profit in 2024

 The bank’s net profit after AED 869 million tax stood at AED 9 billion, marking a 4% rise from the previous year

UAE’s ADIB posts AED6.1 billion in net profit for 2024

ADIB’s board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.03 billion

Commercial Bank of Dubai propels UAE’s AI vision with ‘Promptathon’ Copilot event in partnership with Microsoft

Commercial Bank of Dubai (CBD) hosted a Microsoft Copilot Promptathon event, partnering with the Microsoft Innovation Hub, aligning with the UAE’s vision to lead...

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