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UAE central bank advances cross-border open finance with ‘Project Aperta’

Project Aperta is a prototype of a trusted network connecting open finance infrastructures from multiple jurisdictions

Dubai’s Emirates NBD posts AED 19.0 billion in nine-month profit

The banking group’s deposit base strengthened significantly, with AED 60 billion added by September 2024

Standard Chartered pioneers sustainable borrowing base trade loans

The solution will be available in the US, UK, UAE, South Africa, Singapore and Hong Kong, with further market launches expected in the future

GBM and Mashreq partner to power Core Banking Operations with Next-Gen IBM POWER 10 Processor

Gulf Business Machines (GBM), an end-to-end leading digital solutions provider and Mashreq, a leading financial institution in the MENA region, today announced a partnership...

RAKBANK selects Oracle Fusion Cloud Applications Suite to Accelerate Business Growth

Oracle today announces that UAE-based RAKBANK (National Bank of Ras Al Khaimah) has selected Oracle Fusion Cloud Applications Suite to make its business processes seamless, efficient and fit to support the bank’s rapid growth plans. With...

United Arab Bank pre-tax net profit up by 12% for the first nine months of 2024

United Arab Bank has announced its financial results for the nine months ended 30th September 2024. UAB posted a net profit before tax of AED...

WATCH: MEA Finance hosted the 2024 Banks and Fintechs Forum at Fintech Surge

https://youtu.be/H-raIVKUA2A MEA Finance partnered with Fintech Surge 2024 to hold The MEA Finance Banks and Fintechs Forum & Awards. This special forum held at the epicentre...

FAB reports Group revenue of AED 23.9 billion and net profit of AED 12.9 billion for 3rd quarter of 2024

First Abu Dhabi Bank (FAB) delivered robust results in the first nine months of 2024 as increased client activity across the Group’s franchise lifted...

BSF’s Digital Transformation: Shaping the Future of Banking with Finacle

Sampathkumar: In the GCC, what trends are driving change in the corporate banking landscape and how is BSF strategically maneuvering to stay ahead of...

The Mastercard Payment Passkey Service debuts in the Middle East with noon Payments, revolutionizing the online checkout experience using biometrics

Mastercard has partnered with noon Payments, one of the biggest payment service providers in the Middle East and North Africa, to bring its Payment...

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