Banking & Finance

DNIR partners with Magnati and FAB’s payit to enhance customers’ insurance experience

Dubai National Insurance & Reinsurance (DNIR), a publicly listed insurance company in the Dubai Financial Market (DFM) with multi-line insurance products for corporates and...

ADIB launches Amwali, the world’s first Islamic Digital Bank targeting GenZ

Abu Dhabi Islamic Bank (ADIB) officially unveiled “Amwali” digital bank, the world’s first Islamic digital bank targeting youth between the age of 8 to...

Emirates NBD collaborates with DMCC to boost Dubai diamond industry finance

Emirates NBD has announced plans to increase financing available to the Dubai diamond industry and double its diamond financing book in the UAE by...

Mashreq Bank and NPCI International join hands to offer acceptance of Unified Payments Interface (UPI) in the UAE

NPCI International Payments Ltd (NIPL), the International arm of National Payment Corporation of India has partnered with Mashreq to offer acceptance of its mobile-based...

Standard Chartered UAE launches third cohort of flagship Women in Tech programme alongside DIFC Fintech Hive and Hub71

Standard Chartered Bank UAE today announced the launch of the third cohort of the Women in Tech programme, held in partnership with the Dubai...

Bank ABC expands presence in Egyptian market by closing the acquisition of BLOM Bank Egypt

Arab Banking Corporation (Bank ABC) today announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt S.A.E. (BLOM Bank Egypt),...

DIB increases Foreign Ownership to 40%

Following all regulatory approvals received from UAE Central Bank and the Securities and Commodities Authority (SCA), DIB has today, through the Dubai Financial Market...

Collect payments via WhatsApp for the first time in UAE

Payit, the UAE’s first fully featured digital wallet, powered by First Abu Dhabi Bank (FAB), has partnered with PLATX Omni Channel Conversational Commerce, an...

ADIB becomes the first UAE bank to use facial recognition for instant and secure account opening

Abu Dhabi Islamic Bank (ADIB) announced the signing of a partnership with the Ministry of Interior (MOI) to allow opening of accounts remotely and...

Emirates Development Bank Board reviews strategic progress, applauds achievements in H1 2021

The Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, held its fifth Board meeting today...

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