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First Abu Dhabi Bank posts 6% rise in Q1 profit to AED 4.2 billion

The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio

ADQ lists debut $2.5 billion bonds on London Stock Exchange

The fund sold a $1.25 billion five-year portion at 80 basis points over US Treasuries and another $1.25 billion 10-year tranche at 90 bps over the same benchmark

Network International rolls out Mastercard Installments across the UAE

Mastercard and Network International, the leading enabler of digital commerce across the Middle East and Africa, have collaborated to roll out Mastercard Installments in...

May 2024



Magnati and ADNOC Distribution partner to deliver enhanced payment experience

Magnati has partnered with ADNOC Distribution, the UAE's largest fuel and convenience store retailer, to introduce consumers to the future of retail with an...

Visa instalment solution now live for ADIB cardholders

Visa said last October that it is working with local issuers and acquirers in the UAE

National Bank of Fujairah announces Q1 2024 Results

Highlights: NBF recorded year-on-year growth of 80.8% to close the three-month period at a net profit before tax of AED 274.8 million compared to...

EFG Hermes ONE secures FRA approval to operate digital onboarding eKYC

The cutting-edge solution is a pivotal component of EFG Hermes ONE’s mission to promote financial inclusion in Egypt

Emirates Islamic becomes first Islamic bank in the region to introduce Fractional Sukuk for investors

Emirates Islamic has launched Fractional Sukuk, an innovative new product catering to investors. The exclusive offering grants customers access to international Sukuk markets with...

Dubai SME rolls out financial assistance for businesses affected by the exceptional weather conditions

Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a subsidiary of Dubai Department of Economy and Tourism (DET), has announced...

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