Banking & Finance

Bank of Sharjah Successfully priced US$ 500 million senior unsecured bond in the international markets

Bank of Sharjah successfully priced a US$ 500 million senior unsecured bond in the international markets. The issuance received tremendous response from international investors, attracting...

Astra Tech unveils UAE’s first fully digital payroll and wallet solution for over 557,000 SMEs

Astra Tech has launched the Botim Payroll Solution—the UAE’s first fully digital payroll solution offering real-time salary processing, in compliance with the UAE's Wage...

EFG Hermes unveils enhanced custody and asset servicing platform

The new platform offers coverage in more than 40 markets across MENA, sub-Saharan Africa, Southeast Asia, Europe, and North America

ADIB achieves AA ESG rating upgrade from MSCI

The bank’s classification on the index advances to the “leadership” category, making it the only bank in the region to achieve this distinction for 2024

National Bank of Fujairah launches NBF Emerging Business Unit, to nurture the nation’s SMEs

The National Bank of Fujairah (NBF)  announced the launch of the NBF Emerging Business Unit, to provide personalised service and the support needed for...

Network International signs referral partnership with Zand Bank to transform fintech landscape

Network International has signed a referral partnership with Zand, aimed at enhancing and expanding financial services for fintechs and startups in the region. The partnership...

Beko secures EUR 350 million loan from Emirates NBD Capital

The three-year loan, which was oversubscribed by 200%, will be used to support Beko’s general corporate purposes and business development activities

Emirates NBD unveils millionaire account with AED 57 million prize pool

The account features a total prize pool of AED 57 million, distributed across various categories for Emiratis, residents, and businesses

Hala Ride partners with National Bonds to enroll its employees in Golden Pension Plan to secure their retirement planning

National Bonds, the UAE’s leading Shari'a-compliant savings and investment company, has partnered with Hala Ride, Dubai’s most convenient e-hailing taxi solution, to introduce a...

Kuwait Finance House sells entire stake in Sharjah Islamic Bank

The Kuwaiti lender sold the shares to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank

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