Banking & Finance

Commercial Bank of Dubai commits to carbon neutral operations by 2030

The commitment includes reducing greenhouse gas emissions from the bank’s operations by 50% by 2030.

Dubai Islamic Bank enhances customer experience and modernizes core banking platform with HPE GreenLake

Hewlett Packard Enterprise announced that Dubai Islamic Bank (DIB) has selected the HPE GreenLake edge-to-cloud platform to modernize their core banking system to deliver...

Dubai Islamic Bank invests in Türkiye’s T.O.M. Group

The bank will acquire 20% shareholding across T.O.M. Group with an option to increase shareholding to 25% within 12 months

NEOPAY expands digital payment offerings by partnering Alipay+

The initial integration is live at more than 2,000 store locations in the UAE to enhance the overall payment experience

Dubai Islamic Bank announces One Tree for Everyone

Dubai Islamic Bank (DIB) announces that it will plant one tree for every new customer who opens a DIB account. Through this novel initiative,...

China’s AIIB expands global footprint with ADGM office

The Abu Dhabi office brings the multilateral development bank closer to the front lines of its sustainable development work in MENA region.

UBF: Cybersecurity is key in strengthening customer confidence and developing UAE’s banking and financial sector

UAE Banks Federation, the sole representative and unified voice of UAE banks, reiterated its commitment to supporting efforts that enhance secure and smooth banking...

Fuze raises $14 million in Seed fundraising round

The investment was led by Abu Dhabi-based Further Ventures, with participation by US-based Liberty City Ventures.

Islamic funds’ assets under management fall on rate rises

Islamic funds’ AuM fell by 4% quarter-over-quarter (QoQ) in the GCC, Malaysia, Indonesia and Pakistan.

WATCH: Top banking executives and innovators from the cutting edge of the payments revolution meet at The MEA Finance, Leaders in Payments Conference 2023

https://youtu.be/Ruwcik06xA4 The region’s top players in payments took part in the MEA Finance, Leaders in Payments Conference and Awards held on the 14th of September...

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