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Emirates NBD unveils global digital transaction banking ecosystem: businessONLINE

Emirates NBD unveiled its next-generation global corporate banking platform, ‘businessONLINE’. The Group-wide, single instance, omnichannel platform delivers a full suite of cash management, trade finance...

FAB’s introduces its Electronic Direct Debit service to automate bill payments

First Abu Dhabi Bank (FAB) launched its Electronic Direct Debit System (eDDS), a service that will allow corporates to offer their customers an automated...

Dubai Islamic Bank rings market-opening bell to celebrate listing a USD one billion AT1 Sukuk on Nasdaq Dubai

Dubai Islamic Bank (DIB) rang the market-opening bell today to celebrate the listing of a one billion US dollar Sukuk on Nasdaq Dubai. The Sukuk...

Aman Board of Directors agrees new three-year growth plan following strong Q3 2020 performance

Dubai Islamic Insurance & Reinsurance Company PJSC (Aman) announces that its Board of Directors agreed a new three-year growth plan at its ordinary meeting...

Mastercard study reveals that 73% of UAE consumers are shopping more online since the start of pandemic

As the global COVID-19 pandemic continues to spur e-commerce, a Mastercard study* has revealed the rapid growth of online shopping, with nearly three out...

Mastercard and Spotii partner to enable millions of consumers across GCC to ‘Buy Now Pay Later’

As the ‘Buy Now Pay Later’ market continues to grow to $1.5 trillion worldwide1, Spotii has selected Mastercard as its exclusive payments BNPL partner...

Every Experience Matters

What has changed in the banking sector over the last twelve months? Across the global economy, we have seen the rise of what Gartner calls...

ADIB provides AED 91 million financing for UAE-based client to acquire UK Business Park

Abu Dhabi Islamic Bank (ADIB) has provided AED 91 million (£18.9 million) in Sharia’a-compliant structured financing for a private UAE-based client. The financing will...

More regulations on the horizon for banks as pandemic exposes security and identity verification deficiencies

OneSpan released the inaugural OneSpan Global Financial Regulations Report. The report examines regulatory and legislative initiatives impacting financial services globally in fraud prevention, digital...

KPMG published quarterly report on the Saudi banking sector with industry insights, market analysis and the Q3 financial performance.

KPMG presented the third volume of their quarterly report on the Saudi banking sector with industry insights, market analysis and the Q3 financial performance. Heading...

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