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Kuwait Finance House sells entire stake in Sharjah Islamic Bank

The Kuwaiti lender sold the shares to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank

ADIB accelerates cloud adoption to enhance customer experience

Cloudera Public Cloud on Azure has empowered ADIB to enhance data operations, delivering greater cost efficiency, flexibility, and scalability

Invest Bank teams up with Network International to boost its digital payments offerings

Network International and Africa, and Invest Bank have joined hands to extend Network’s digital payment services to the bank’s corporate customers. The milestone collaboration will...

Mashreq introduces IBAN Validation API for business and corporate clients

Mashreq has launched the International Bank Account Number (IBAN) Validation Application Programming Interface (API), tailored for its business and corporate customers. The move reaffirms...

FABMISR posts 139% surge in first-half net profit

Customers’ deposits rose by 39% to EGP 278.7 billion compared to December 2023

Emirates NBD, BeZero Carbon partner for carbon market confidence

The collaboration aligns with Emirates NBD’s commitment to providing high-quality solutions in the developing Voluntary Carbon Market

Network International partners with Citi for corporate payment solutions

Citi will be able to offer its corporate clients superior payment management solutions, including enhanced transaction efficiency and seamless payment integration capabilities

RAKBANK partners with Bitpanda Technology Solutions to unlock digital assets in the UAE

The National Bank of Ras Al Khaimah - RAKBANK partners with Bitpanda Technology Solutions, a leading digital assets infrastructure provider, to provide a robust...

EFG Holding’s quarterly profit surges by 95% to EGP 791 million

The banking group’s commercial banking division posted EGP 426 million in Q2 net profit, a 55% YoY as revenue growth outpaced the growth in expenses

NOW Money partners with Commercial Bank International and Network International to offer accessible financial services to GCC’s underserved migrant workers

NOW Money, a fintech that provides banking and payroll solutions to the underbanked migrant population in the Middle East, today announces its new strategic...

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