Banking & Finance

Commercial Bank of Dubai rings market-opening bell to celebrate listing of USD 600 million bond on Nasdaq Dubai

Dr. Bernd van Linder, Chief Executive of Commercial Bank of Dubai (CBD) rang the market-opening bell at Nasdaq Dubai to celebrate the listing of...

FAB partners with Visa on innovative mobile acceptance solution

First Abu Dhabi Bank (FAB) has partnered with Visa to bring an innovative mobile acceptance solution to UAE merchants.  The new solution, “Tap to...

UAE’s first e-commerce co-branded card “Mashreq noon VIP Visa Credit Card” goes live

Mashreq and noon.com, the region’s homegrown e-commerce platform, today announced that UAE’s first e-commerce co-branded credit card ‘Mashreq noon VIP Visa Credit Card’ is...

Abu Dhabi Islamic Bank reports net profit of AED 1.12 billion for the first nine months of 2020

Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED 1.12 billion and net revenue of AED 3.93 billion for the first nine...

Kuwait Finance House achieved KD 101.2 million net profit until end of Q3 of 2020

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has reported net profit of KD 101.2 Million until end of Q3...

FAB fully digitises account opening process for UAE SMEs

First Abu Dhabi Bank (FAB) has become the first bank in the Middle East to fully digitise the account opening process for SMEs through...

Sustainable innovation and human happiness to drive post-COVID growth in Middle East cities

Research from HSBC shows that the largest cities across the Middle East, North Africa and Turkey (MENAT) will need to prioritise sustainable innovation, empower...

Emirates NBD launches a global first customizable Visa Flexi Credit Card

Emirates NBD announced the launch of the Visa Flexi Credit Card, enabling cardholders to customize their credit cards with benefits of their choice. As a...

United Arab Bank and Mastercard announce strategic partnership to accelerate payments innovation in the UAE

United Arab Bank (UAB) and global payment technology provider Mastercard have announced a milestone agreement which sees Mastercard become the preferred and exclusive partner...

First Abu Dhabi Bank (FAB) third quarter 2020 group net profit of AED 2.5 billion, up 4% quarter-on-quarter

First Abu Dhabi Bank (FAB) announced its financial results for the nine-month period ended 30 September 2020. Following a resilient first, the bank delivered solid...

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