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MEA Finance

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Virtuzone pioneers the world’s first business setup AI chatbot: ChatVZ

Building on the successful launch of its suite of AI-powered tools, Virtuzone further cements its position as a leading innovator in the company formation...

Al Ramz Corporation PJSC appoints Yazan Abdeen as Chief Executive of Asset Management

Al Ramz Corporation PJSC announced the appointment of Yazan Abdeen as chief executive of its asset management business. Yazan will spearhead Al Ramz's distinguished asset...

48% of people in UAE are likely to send more cross-border payments in the next year

Mastercard’s Borderless Payments Report 2023 reveals that 48% of people in the UAE expect to send cross-border payments more frequently in the next 12...

Dubai Financial Market and Shanghai Stock Exchange sign MoU to advance cross-border collaboration

The Dubai Financial Market (DFM), Nasdaq Dubai, and Shanghai Stock Exchange (SSE) announced the signing of a Memorandum of Understanding (MoU) to further strengthen...

ADIB partners with Visa to launch Installment Solution in UAE

Abu Dhabi Islamic Bank (ADIB) in partnership with Visa has introduced the new Visa Installments Solution (VIS) for its cardholders in the UAE. Under the...

Central Bank of Bahrain issues new ESG reporting framework

The framework provides listed companies with guidelines on the reporting requirements for ESG factors

NBK-Egypt posts EGP 2.6 billion in Q3 2023 net profit

The bank’s net interest income in the three months to September 30 jumped by 89% to reach EGP 4.9 billion.

Mashreq Partners with Galadari Brothers with a green loan to pave the way for Hotel Emission Reduction and Decarbonization Initiatives

Mashreq announced its collaboration with Galadari Brothers Co. LLC, a UAE-based conglomerate, providing them with their inaugural green loan facility, marking a significant leap...

Assured Inevitability

Leaving aside the Covid-19 pandemic, what have been the other main drivers of the digital banking revolution in the region? In the dynamic landscape...

ADCB launches sustainable call account for corporate customers

ADCB is expanding its offering to support customers pursue their sustainability agenda as the UAE prepares to host the COP28.

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