Banking & Finance

Invest Bank expands Digital Trade Finance through partnership with Veefin Solutions

Invest Bank announced a strategic partnership with Veefin Solutions to introduce cutting-edge digital trade finance solutions for businesses across the UAE. Through this collaboration,...

Mashreq’s Business Banking and NEO PAY collaborate to launch PoS Lending Solution for Merchants across the UAE

Mashreq has announced a collaboration between its business banking arm and NEO PAY, the UAE’s fast-growing digital payments leader, to launch its Point-of-Sale (PoS)...

Needs of the Heart

How does your bank define or categorise SMEs? SMEs are the backbone of the UAE economy, accounting for more than 94% of businesses and playing...

WATCH: Driving Digital transformation for Financial Services – An Infosys Roundtable Event, Dubai UAE, Feb 05 2025

https://youtu.be/rk0PCedjCpw The region’s most senior leaders of banks and in banking technology came together for the MEA Finance and Infosys Roundtable – Driving Digital Transformation...

Al Fardan Exchange partners with Visa for enhanced global money movement solution

Al Fardan Exchange has rolled out its new cross-border remittance service through Visa Direct, in collaboration with Visa, a world leader in digital payments....

Mashreq reports record AED 9.9 billion net profit in 2024

 The bank’s net profit after AED 869 million tax stood at AED 9 billion, marking a 4% rise from the previous year

UAE’s ADIB posts AED6.1 billion in net profit for 2024

ADIB’s board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.03 billion

Commercial Bank of Dubai propels UAE’s AI vision with ‘Promptathon’ Copilot event in partnership with Microsoft

Commercial Bank of Dubai (CBD) hosted a Microsoft Copilot Promptathon event, partnering with the Microsoft Innovation Hub, aligning with the UAE’s vision to lead...

Emirates NBD posts AED 23 billion net profit after tax in 2024

Revenue climbed to over AED 44 billion in 2024, driven by the group’s strategic investment in digital banking and branch networks

ADCB aims to double net profit to AED20 billion in five years

ADCB’s full-year net profit rose by 15% in 2024 to AED 9.42 billion in 2024 from AED 8.21 billion a year earlier

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