Banking & Finance

Dubai Islamic Bank shareholders approve 30% dividend for 2022

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, concluded its Annual General Assembly...

Payit launches digital card for local and international payments

Payit, the UAE’s first fully featured digital wallet, is expanding access to cashless transactions with the launch of the new Letsgo Payit Visa Platinum...

Mashreq’s NEOBiz Connect API integration goes live with Virtuzone

Following a successful pilot phase, Mashreq has successfully launched its NEOBiz Connect API (Application Programming Interface) integration with strategic partner, Virtuzone. NEOBiz Connect allows any...

Heeding the Call

What is driving many of the world’s HNW and UHNW families across the Middle East to explore different options for managing their wealth? At Lombard...

International digital Islamic bank, Nomo, launches multi-currency accounts and card

Nomo, the world’s first fully digital Sharia-compliant cross-border bank, has announced the launch of their new multi-currency accounts, allowing customers to hold, spend and...

Paymob partners with Shahid to expand VOD Digital Payments in Egypt

Paymob, a financial services enabler in the Middle East, North Africa and Pakistan (MENAP) and Shahid, the world’s leading Arabic streaming platform by MBC...

AUB and Mastercard sign exclusive strategic partnership in Bahrain

Ahli United Bank B.S.C (AUB), a Bahrain-based leading pan-regional Banking group, has signed a strategic partnership with Mastercard. The agreement designates Mastercard as the...

Sustainable Progress

Is climate change considered, or growing as a factor in your regional credit risk calculations?  All of JPMorgan’s businesses are required to examine the activities...

Gulf International Bank reports growth of 108% in Net Profit attributable to the shareholders of the bank

GIB reported net income attributable to the Shareholders of the Bank of $28.0 million, compared to a loss of $1.0 million in the same...

FAB shareholders approve cash dividends of AED 5.74 Billion and elect new board members at General Assembly Meeting

First Abu Dhabi Bank (FAB) concluded its General Assembly Meeting (GAM) at FAB’s headquarters in Abu Dhabi. All items on the agenda were discussed...

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