Banking & Finance

Edmond de Rothchild open new office in Dubai International Financial Centre (DIFC)

Edmond de Rothschild Group strengthens its investment and long-term commitment to the region with the opening of an advisory office – Edmond de Rothschild...

e& and Mastercard partner in 16 markets across the Middle East, Asia and Africa

e& has announced a strategic partnership with Mastercard that will see consumers and businesses in 16 markets across the Middle East, Asia and Africa...

National Bank of Kuwait – Bahrain and Arab Financial Services (AFS) enter into strategic partnership

National bank of Kuwait (NBK) - Bahrain has announced that it will start providing its corporate clients with Point-of-Sale (PoS) services through a strategic...

ADGM partners with Zand Bank to support SMEs in Abu Dhabi

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and Zand Bank PJSC, the UAE’s first all-digital bank licensed by the...

UAE Banks Federation signs MoU with the Azerbaijan Banks Association to enhance cooperation

UAE Banks Federation, the representative and unified voice of banks in the UAE signed a Memorandum of Understanding (MoU) with the Azerbaijan Banks Association,...

Mashreq brings social dimension to banking with launch of Neo Groups

Mashreq has introduced Neo Groups, a unique community-based banking product, to the country’s residents. For the first time in banking, Mashreq and Mashreq Neo...

Adaptation in Action

Can you identify three clear changes in regional retail banking over the past five years? The past five years have been a period of intense...

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk

Dubai Islamic Bank, rated A3 by Moody's and A by Fitch successfully priced its second Sustainable Sukuk – a landmark USD 1 billion 5.5-year senior issue with a profit rate...

CBUAE launches a Financial Infrastructure Transformation Programme to accelerate the digital transformation of the financial services sector

In line with the vision of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, and Chairman...

GFH reports net profit of US$90.25 million attributed to shareholder for 2022

GFH Financial Group announced its financial results for the fourth quarter and twelve months ended 31 December 2022. Net profit attributable to shareholders was US$24.02...

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