Banking & Finance

UBF: Dubai selection to host SIBOS 2029 confirms global confidence in UAE’s leading position

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, reaffirmed that the selection of Dubai to host SIBOS 2029, the...

Tawasul Transport and Al Maryah Community Bank launch the first digital payment system in taxis using AE Coin

In coordination with the Integrated Transport Center (ITC) of the Department of Municipalities and Transport, Tawasul Transport, in collaboration with Al Maryah Community Bank...

Mastercard and enza collaborate to enable fintech innovation across Africa

Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will...

Mashreq launches NEO PLUS Saver Account for Salary and Non-Salary Customers with UAE’s most rewarding savings interest rates

Mashreq has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading...

RAKBANK SME Confidence Index 2025: UAE SMEs show steady optimism despite economic headwinds

RAKBANK has released its latest SME Confidence Index, highlighting a promising outlook for the UAE’s Small & Medium Enterprise (SME) sector. Based on insights...

SWIFT User Group’s AGM supports digital transformation, enhancing UAE’s position as financial and trade hub

The SWIFT User Group in the UAE held its Annual General Meeting (AGM), chaired by  Jamal Saleh, Chairman of the SWIFT Users Committee in...

DIB signs USD 150 Million Murabaha deal with Turkcell to accelerate Türkiye’s tech transformation

Dubai Islamic Bank has signed a USD 150 million Murabaha financing agreement with Turkcell, Türkiye’s leading telecommunications and technology services provider. The facility will...

Mastercard launches Cyber Resilience Center in Saudi Arabia

Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster collaboration and support shared...

EDB and RAKBANK unveil landmark AED 1 Billion mSME fund to supercharge UAE’s industrial growth

In a major boost for UAE-based micro, small and medium enterprises (mSMEs), Emirates Development Bank (EDB) and RAKBANK have announced the launch of a...

Al Ansari Exchange and UnionPay International launch Real-Time Remittance Service to China via MoneyExpress

Al Ansari Exchange, a subsidiary of Al Ansari Financial Services and UnionPay International announced the launch of MoneyExpress remittance service in the UAE.  This...

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