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CBUAE publishes monetary, banking developments for March 2024

The money supply aggregate M3 increased by 1.9%, from AED 2.54 billion at the end of February 2024 to AED 2.58 billion at the end of March 2024

Mbank launches ITQAN – Universal Digital Banker, an advanced banking & finance digital training program empowering Emirati graduates with hands-on experience

Al Maryah Community Bank (Mbank) recently launched ITQAN - Universal Digital Banker, an advanced Banking & Finance Digital Training Program to groom, nurture, and...

Al Etihad Payments awarded PCI DSS 4.0 compliance certificate from SISA, Meeting Top Security Standards

Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, proudly announces its successful attainment of the Payment Card Industry Data...

Dubai Islamic Bank pledges AED 11 million to support ‘Dubai Schools’ project

The initiative aligns with Dubai’s vision of delivering outstanding education and establishing advanced schools in line with global benchmarks

OAB unveils direct debit service for seamless payment automation

The innovative service is part of the bank’s commitment to providing cutting-edge banking solutions, accessible 24/7 through electronic platforms and the mobile app

Visa brings simplicity and convenience to booming subscription economy

Visa announces the launch of Subscription Manager, a new, all-in-one service for financial institutions to provide Visa cardholders with a simple, convenient way to...

Mbank and Policybazaar.ae collaborate to provide customers effortless access to insurance solutions

Mbank and Policybazaar.ae announces a ground-breaking partnership that redefines insurance access for individuals and SMEs in the digital age. This first-of-its-kind service empowers Mbank...

Saudia’s AlFursan loyalty program and Saudi Investment Bank unveil pioneering “Travel Account”

In partnership with Saudia’s AlFursan loyalty program, the Saudi Investment Bank (SAIB) has introduced the "Travel Account," a pioneering innovation in Saudi Arabia. This...

Worldwide Cash Express Partners with TerraPay to improve Cross-Border Payment Services for customers

Worldwide Cash Express announced a strategic partnership with TerraPay, a global money movement company. Together, the two companies aim to empower customers with a...

The Trajectory of Technology

What are the current technological priorities or essentials for banks in the region? The banking industry is experiencing rapid transformation and continues to lead in...

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