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Abu Dhabi Islamic Bank launches new payment hub

The bank has worked with ProgressSoft to ease the integration of cross-border services and accelerate cross-border remittances

Mashreq announces appointment of new country head for Oman

Mashreq, one of the leading financial institutions in the MENA region, which is currently working on the formation of its branch in Oman, has...

Astra Tech launches Mastercard offering becoming biggest fintech card Issuer

Astra Tech disclosed record-breaking figures for the fintech sector with its financial offerings. Through its collaboration with Mastercard, the company has issued over 100,000...

NBK unveils ‘NBK Wealth’ for premium wealth management solutions

The new brand caters to a sophisticated group of ultra-high-net-worth individuals and institutions with a passion for maintaining and accelerating their financial wellness

BENEFIT records $77.1 billion in electronic transactions in 2023

All Fawri+ transactions reached a volume of nearly 335 million, a 37% increase from the previous year

Weighing the Impact of the UAE Corporate Tax Law

As the UAE heavily underpins its medium to long-term growth strategy on reducing its dependence on oil and gas by diversifying the nation’s non-oil...

SNB Capital and Malaa Technologies partners to boost fintech services in KSA

SNB Capital, has signed a Memorandum of Understanding with fintech provider Malaa Technologies to provide easy, secure access to financial services and increase the...

MUFG appoints new Head of Global Corporate and Investment Banking for Middle East and North Africa

MUFG announced the appointment of Wael Al Sharif as Head of Global Corporate and Investment Banking (GCIB) for the Middle East and North Africa...

National Bank of Umm al Qaiwain announces AED 502.61 Million net profit in 2023

National Bank of Umm Al Qaiwain (NBQ) announces its exceptional financial performance for the fiscal year 2023, marked by a record net profit of...

UAE’s Mashreq Global Network, ITIDA partner to expand operations in Egypt

Mashreq Global committed to hiring a minimum of 300 new Egyptian employees over the three-year duration of the agreement

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