Banking & Finance

RAKBANK marks milestone with its first Central Bank Digital Currency transfer via mBridge

The National Bank of Ras Al Khaimah announces that it is one of the first banks in the United Arab Emirates to successfully execute...

barq, Mastercard join forces to offer enhanced payment capabilities

The partnership will enable barq to expand its service offering, utilising Mastercard Gateway’s seamless payment processing technology

EDB launches AGRIX Accelerator to boost UAE food security

The AGRIX Accelerator will provide participants with access to advanced agricultural technologies, strategic business insights and sustainable farming practices

EDB unveils AI Wave programme to boost operations

EDB is committed to fostering AI adoption through a comprehensive educational and awareness initiative

Network International partners with ruya Bank to revolutionise Islamic banking with digital payment technology

Network International announces a strategic partnership with ruya, the UAE’s digital-first Islamic community bank, to transform Islamic banking with digital payment technology. The partnership will...

Bank of Sharjah Successfully priced US$ 500 million senior unsecured bond in the international markets

Bank of Sharjah successfully priced a US$ 500 million senior unsecured bond in the international markets. The issuance received tremendous response from international investors, attracting...

Astra Tech unveils UAE’s first fully digital payroll and wallet solution for over 557,000 SMEs

Astra Tech has launched the Botim Payroll Solution—the UAE’s first fully digital payroll solution offering real-time salary processing, in compliance with the UAE's Wage...

EFG Hermes unveils enhanced custody and asset servicing platform

The new platform offers coverage in more than 40 markets across MENA, sub-Saharan Africa, Southeast Asia, Europe, and North America

ADIB achieves AA ESG rating upgrade from MSCI

The bank’s classification on the index advances to the “leadership” category, making it the only bank in the region to achieve this distinction for 2024

National Bank of Fujairah launches NBF Emerging Business Unit, to nurture the nation’s SMEs

The National Bank of Fujairah (NBF)  announced the launch of the NBF Emerging Business Unit, to provide personalised service and the support needed for...

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