Banking & Finance

ADIB delivers record 2025 results with net profit before tax up 18% to AED 8.1 Billion

Abu Dhabi Islamic Bank (ADIB) reported a year of exceptional financial performance for the full year ended 31 December 2025, delivering record profitability, strong...

QNB Group becomes first and only bank in MEA in 2026 to surpass US$10 billion in brand value

QNB Group, a financial institution in the Middle East and Africa (MEA), has become the first bank in the region to exceed a banking...

ADIB hosts challenge for cybersecurity startups to drive the digital resilience

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, hosted the UAE Cybersecurity Innovation Challenge, an initiative aimed at promoting the development of cutting-edge...

Aafaq launches World Elite Mastercard credit card, new premium Islamic finance product

Mastercard has joined forces with Aafaq Islamic Finance (Aafaq) to introduce a new variant under its World Elite portfolio – the Aafaq World Elite...

HSBC the first global asset manager to launch onshore funds in the UAE

HSBC announced the launch of its new UAE asset management business and the registration of ten new onshore investment funds with the Securities &...

Wio Bank launches UAE’s first account for content creators

The 1 Billion Followers Summit, a summit dedicated to the content creation economy, in collaboration with Wio Bank, a UAE digital bank and Visa,...

Janus Henderson announces exclusive distribution arrangement with HSBC to launch innovative thematic global equity fund

Janus Henderson Investors announced the launch of the Janus Henderson Horizon Discovering New Alpha Fund (DNA), a global equity fund available exclusively to HSBC...

Network International becomes first payments platform to power Stablecoin payments in the UAE through AE Coin in partnership with MBank

Network International, a fintech company across the Middle East and Africa, has become the first payments platform to enable regulated Stablecoin payments in the...

QNB and Mastercard expand payment services in Syria

Mastercard announced that QNB Group, a financial institution in the Middle East and Africa, was granted a Mastercard license to extend its issuing and...

Commercial Bank of Dubai sets new benchmark as UAE’s first bank to fully activate open finance for customers

Commercial Bank of Dubai (CBD) has set a new benchmark for the UAE banking sector by becoming the first bank in the country to...

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