Banking & Finance

Mohammed Bin Rashid Innovation Fund announces MoU with Wio Bank

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support innovation in the UAE, has signed a...

Mashreq and British International Investment partners to boost Cross-Border trade across South Asia and Africa

Mashreq has announced a $50m trade finance partnership with British International Investment (BII), the UK’s development finance institution and impact investor – to boost...

Emirates Development Bank and Ajman Bank partner to drive SME financing and innovation in UAE

Emirates Development Bank, the key financial engine of UAE economic development and industrial advancement, and Ajman Bank, one of the leading Islamic financial institutions...

Qatar’s Masraf Al Rayan unveils new brand identity

The rebranding signifies the bank’s commitment to innovation, customer empowerment, and contributing to Qatar’s sustainable growth

Emirates NBD, Mashreq back syndicated loans platform LoanBook

LoanBook offers a centralised marketplace for market participants to access global loan opportunities

UAE Government launches KYC platform for enhanced financial data

The UAE central bank will oversee and regulate the operations of the company managing the KYC platform

Mbank partners with Dubai bourse to launch IPO upgrade programme

Mbank provides the IPO Upgrade service by offering investors up to five times leverage based on provisions issued by the Central Bank of the UAE

Bank of Sharjah appoints Al Ramz Capital LLC as Liquidity Provider

In a strategic move that promises to enhance trading of its shares on the Abu Dhabi Securities Exchange, Bank of Sharjah announced today the...

EFG Hermes unveils $300 million Saudi Education Fund

The transaction is subject to certain conditions and regulatory approvals

ADCB launches all-new corporate TouchPoints credit card

The card empowers businesses to manage expenses effectively, while earning valuable rewards through the bank’s TouchPoints loyalty programme

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