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Al Etihad Payments, NPCI International Payments to develop UAE domestic card scheme

The UAE’s domestic card scheme is scheduled to launch in early 2024 and it will facilitate the growth of e-commerce and digital transactions.

Sustainable cities of the future: why the UAE represents a role model for sustainable urban development

According to a recent article published by the World Bank, 56% of the world’s population – 4.4 billion inhabitants – live in cities. This...

Egyptian banks suspend debit card use in foreign currency

Commercial International Bank told accountholders that debit cards could only be used for Egyptian pound transactions within the country.

Daman Securities and Advanced Markets announce strategic partnership

In a strategic move to remain at the forefront of the evolving financial sector, Daman Securities, a pioneer in the UAE’s financial services industry...

FAB successfully completes pilot testing with J.P. Morgan’s Coin Systems for blockchain-based cross-border payments

First Abu Dhabi Bank (FAB) announces the successful completion of pilot testing with J.P. Morgan’s Coin Systems for blockchain-based cross-border payments. Coin systems support digital...

National Bank of Fujairah partners with Malabar Gold & Diamonds as sponsor for its annual Fujairah Run

National Bank of Fujairah PJSC (NBF) has secured sponsorship from Malabar Gold & Diamonds for its annual Fujairah Run for the fifth consecutive year,...

BankDhofar, National Gas Company partner to advance digital payments

The initiative seeks to bring the benefits of financial services to a wider segment of the population, including those without traditional bank accounts

GFH Partners acquires US$150 million portfolio of logistics assets in Saudi Arabia and the UAE

GFH Partners Ltd., a DIFC based subsidiary of GFH Financial Group, has completed the acquisition of a US$150 million diversified and multifaceted logistics and...

October 2023



Emirates NBD launches new digital wealth offering with 11,000 instruments across 21 global and local markets

Emirates NBD has launched a digital wealth platform that allows customers to trade securities and ETFs on both global exchanges such as, Nasdaq, NYSE,...

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