Banking & Finance

Network International and Mastercard partner to transform UAE’s commercial payments landscape

Network International  has announced the introduction of new Business Payment Solutions for businesses, corporations, and travel industry companies in the UAE. Launched in partnership with...

SAMA regulations enhance Saudi Islamic banks’ Sharia governance, Fitch says

The regulations issued cover profit-sharing investment accounts and aim to enhance Sharia compliance

Commercial Bank of Kuwait completes KWD 100 million tier 2 bond program

The bank will use the proceeds to increase tier 2 capital, enhancing its capital adequacy ratio in compliance with the Basel III framework

Network International, Mastercard partner to revolutionise commercial payments

The new solutions will enable Network to tap into Mastercard’s global digital payment expertise, including expense management

Ajman Bank announces integration with Aani Instant Payment Platform in collaboration with Al Etihad Payments

In a groundbreaking collaboration with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Ajman Bank has announced its...

Mashreq unveils API-enabled instant payments service for corporate clients

Mashreq has announced the launch of a new API-enabled instant payments service for its corporate and Institutional clients, integrated with Central Bank of UAE’s...

Network International partners with NPCI International to enable UPI QR payment acceptance across its merchants in the UAE

Network International (Network) in partnership with NPCI International Payments Ltd. (NIPL), has enabled the acceptance of QR code-based Unified Payments Interface (UPI) payments across...

Wio Bank and Fiskl signs innovative partnership to redefine financial management with AI

Wio announces a partnership with Fiskl, an AI global accounting platform, marking a significant step forward in advancing digital banking and AI-powered financial management...

Sharjah Islamic Bank successfully issues $500 million sukuk

The issuance received tremendous response from international investors, attracting orders that peaked at $1.5 billion

Egypt inks four financing agreements with the EU

The first agreement is the cross-border cooperation program for the Mediterranean Sea basin phase III for 2021-2027

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