Banking & Finance

Network International obtains payment licence from Saudi Central Bank (SAMA) to expand merchant acquiring business in KSA

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a...

Sheikh Mansour makes first cross-border payment using digital currency

Sheikh Mansour made the payment while attending a celebration marking the CBUAE’s 50th Anniversary

Mastercard, Emirates NBD-Egypt partner to advance digital banking experience

The deal will see Mastercard offering continued support to Emirates NBD-Egypt’s digital transformation journey

Mashreq announces 2023 financial results, net profit increases with 130% growth reaching AED 8.6 billion

Mashreq announces its financial results for the fiscal year 2023, showcasing an unwavering commitment to and achievement of a robust and sustainable growth trajectory....

aiBANK, Valu unveil co-branded credit card in partnership with Visa

The new card will introduce a unique balance transfer program, allowing customers to transfer their balances from any other credit card

National Bank of Fujairah 2023 net profit surged 113.0% reaching record AED 725.1 million

NBF announces results for the year ended 31 December 2023 in accordance with the approval received from the Central Bank of the United Arab...

DIB announces 2023 financial results with rise in total income of 43% YoY to AED 20 billion.

Dubai Islamic Bank  announces its results for the period ending December 31, 2023. FY 2023 Highlights: Group Net Profit came in at AED 7,010 million,...

ADIB full year net profit rises 45% to AED 5.25 billion

Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022

ADGM, Mastercard partner to empower SME community

The two entities will work with local banking partners to issue SME cards, which will offer a seamless and secure way to manage business expenses

EFG Holding’s Valu, Bosta partner to advance logistic solutions

The innovative approach is expected to significantly enhance the convenience and affordability of shopping for customers

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