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AI tipping point reached in the UAE as banks move from experimentation to execution, finds Finastra research

Financial institutions across the UAE have reached a decisive AI tipping point, according to new research from Finastra, a financial services software. Just 2%...

DIB posts strong AED 13.3B revenue and AED 9B profit with assets up to AED 416B

Dubai Islamic Bank (DIB), the UAE’s Islamic bank, reported another year of solid financial performance for the full year ending 31 December 2025, driven...

UAB delivers 45% growth in FY 2025 net profit driven by strong asset growth

United Arab Bank P.J.S.C. (“UAB” or “the Bank”) reported its financial results for the full year ended 31 December 2025. UAB posted a net profit...

QNB Group CEO: private banking launch at QNB Egypt redefines regional excellence

In a move to reinforce its commitment to delivering differentiated, client-centric banking solutions, QNB Group celebrated the launch of Private Banking services at QNB...

Saudi Arabia’s next phase of banking growth will be digital, AI-led and conversational

Saudi Arabia’s banking sector is entering a new phase of structural growth. Driven by favorable demographics, accelerating digital adoption and a regulatory framework designed...

Deem Finance partners with Biz2X to expand data-driven embedded finance for UAE SMEs

Deem Finance, part of the Gargash Group, announced a strategic partnership with Biz2X, a global AI-powered lending platform, to expand data-driven embedded finance and...

Al Fardan Group launches AlfaNow, strengthening Cross‑Border payments across the GCC and beyond

Al Fardan Group announced the launch of AlfaNow, its fully owned subsidiary established to strengthen the region’s cross-border payments infrastructure and enable faster, more...

ADIB Capital launches Digital Infrastructure Fund focused on data storage and transmission companies

ADIB Capital Limited, located in DIFC, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC and regulated by the DFSA, has launched the...

Riyadh Air and Mastercard take off together to redefine the global travel experience through multiple touchpoints

Riyadh Air and Mastercard unveiled a bold strategic alliance that brings together payments, travel and technology to reshape how people and businesses experience global...

EmCoin launches as the UAE’s first capital market authority–regulated multi-asset investment platform

EmCoin has officially launched as the UAE’s first onshore, Capital Market Authority–regulated multi-asset investment platform, bringing crypto assets, foreign exchange, equities, exchange-traded funds (ETFs),...

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