Banking & Finance

CoinMENA FZE and Standard Chartered establish banking agreement in the UAE

CoinMENA FZE, a VARA-licensed broker-dealer providing virtual asset services in the MENA region, announced a strategic relationship with Standard Chartered, strengthening fiat payment infrastructure...

Alaan launches UAE’s first AI-native business bank account, powered by ruya

Alaan, the UAE spend management platform, launched a business bank account with built-in intelligence, powered by ruya. With this launch, Alaan becomes the first...

Standard Chartered: “Egypt’s economic recovery expected to gain momentum into 2027”

Standard Chartered forecasts Egypt’s GDP growth to recover to 4.7% in FY27 as macroeconomic conditions gradually improve and reform momentum continues to support the...

CBD redefines Gold Metal Loan with digital XAU-based solution to enhance UAE’s gold trade

Commercial Bank of Dubai (CBD) has launched a Gold Metal Loan (GML), a specialised working capital product designed for businesses operating in the precious...

DIB successfully prices USD 1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk

DIB, rated A3 by Moody’s and A by Fitch, the world's first Islamic bank in the UAE, has successfully priced a USD 1 billion...

Mastercard Cyber Pulse Report reveals how strengthening digital resilience supports economic continuity

Mastercard released its inaugural Cyber Pulse report, offering a comprehensive view of the evolving cyber threat landscape across Eastern Europe, the Middle East, and...

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...

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