Banking & Finance

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

Mashreq partners with UAE Fintech Fils to launch carbon offsetting services for corporate clients

Mashreq has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that helps corporate...

Gulf International Bank releases its first Taskforce for Climate-related Financial Disclosure (TCFD) report

In line with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD), Gulf International Bank B.S.C. (GIB) issued its first TCFD report where...

UAE’s ADCB obtains banking licence from Saudi Central Bank

The bank will provide a comprehensive range of services for corporate and institutional clients, including financing and working capital solutions

Emirates NBD-Egypt, GV Developments partner to develop Tarboul Industrial City

Emirates NBD-Egypt is strengthening Tarboul Industrial City’s development by providing the project’s feasibility study

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