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CIB launches Egypt’s first private Mastercard Metal World Elite credit card

The exclusive card, available by invitation only, is designed for the bank’s high-net-worth clients within the private segment

Standard Chartered finances Abu Dhabi’s first waste-to-energy plant

The bank acted as the sole senior debt underwriter from the pre-bid stage and successfully syndicated the financing post-award, attracting both local and international banks

GFH Partners expands US Industrial and Logistics Platform, launching a new fund worth $300 Million

GFH Partners Ltd, the DIFC based global asset management arm of GFH Financial Group, announced that it has successfully launched and closed its seventh...

The Arab Monetary Fund and the State Bank of Pakistan reveal interlinking between Buna and Raast, including Pakistani Rupee (PKR) in Buna

The cross-border payment interlinking between Buna and Raast instant payment systems has reached an important milestone with the signing of key agreements among the...

Network International and Mastercard partner to transform UAE’s commercial payments landscape

Network International  has announced the introduction of new Business Payment Solutions for businesses, corporations, and travel industry companies in the UAE. Launched in partnership with...

SAMA regulations enhance Saudi Islamic banks’ Sharia governance, Fitch says

The regulations issued cover profit-sharing investment accounts and aim to enhance Sharia compliance

Commercial Bank of Kuwait completes KWD 100 million tier 2 bond program

The bank will use the proceeds to increase tier 2 capital, enhancing its capital adequacy ratio in compliance with the Basel III framework

Network International, Mastercard partner to revolutionise commercial payments

The new solutions will enable Network to tap into Mastercard’s global digital payment expertise, including expense management

Ajman Bank announces integration with Aani Instant Payment Platform in collaboration with Al Etihad Payments

In a groundbreaking collaboration with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Ajman Bank has announced its...

Mashreq unveils API-enabled instant payments service for corporate clients

Mashreq has announced the launch of a new API-enabled instant payments service for its corporate and Institutional clients, integrated with Central Bank of UAE’s...

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