Banking & Finance

Standard Chartered receives CMA approval to undertake investment management and fund operations activities in Saudi Arabia

Standard Chartered has received approval from the Capital Market Authority (CMA) for Standard Chartered Capital Saudi Arabia to undertake Investment Management and Operating Funds...

ADIB integrates the UAE wage protection system to simplify and speed up salary payments for individual and corporate employers.

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, has introduced a new digital service allowing individual employers to register and pay employees’ salaries...

Al Ansari Exchange records more than 151% increase in WPS employer volumes following new UAE salary payment requirements

Al Ansari Exchange, a remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services, recorded more than 151...

Mashreq expands its mortgage offering with launch of off-plan home loan financing for UAE residents

Mashreq, a financial institution in the MENA region, has announced the launch of its Off-Plan Home Loan proposition, a strategic expansion of its mortgage...

Official launch of the electronic link between the Amman Stock Exchange and Abu Dhabi Securities Exchange

Jordan’s capital market institutions, in cooperation with Abu Dhabi Securities Exchange Group (ADX), officially launched the electronic link between the two markets through the...

Mastercard Lighthouse launches in the UAE in collaboration with UAE AI Office to accelerate fintech innovation

As the financial services industry accelerates the adoption of artificial intelligence, resilience and trust have become essential to ensuring innovation delivers meaningful, secure outcomes...

ADIB and DAMAC ease the path to homeownership with new comprehensive finance solution

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, and DAMAC Properties, the UAE’s and the Middle East’s private real estate developer, launched a...

QNB Group and Mastercard in strategic collaboration to expand cards and digital payments across Syria

QNB Group, a financial institution in the Middle East and Africa, has collaborated with Mastercard to support the end-to-end infrastructure readiness for a comprehensive...

Mashreq becomes first bank in the UAE to guarantee business account opening for SMEs within one day

Mashreq, a financial institution in the MENA region, has announced the launch of its groundbreaking One-Day Service Promise to business customers, making the bank...

RAKBANK and Emirates Growth Fund signed strategic MoU at Make it in the Emirates to accelerate SME growth

RAKBANK and Emirates Growth Fund (EGF) signed a Memorandum of Understanding (MOU) at Make It in the Emirates, marking a strategic alignment between two...

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