Banking & Finance

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...

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...

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