Banking & Finance

Global payment solution provider Checkout.com triples valuation to $5.5 billion in Series B funding round

Global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a $150m Series B funding round, tripling...

ADIB partners with Etisalat to launch new ADIB Smiles covered cards

Abu Dhabi Islamic Bank (ADIB) has partnered with Etisalat to launch four new covered cards. The ADIB Smiles cards, which include Signature, Platinum, Gold...

GFH Financial Group ratings reaffirmed by Fitch Ratings

GFH Financial Group (GFH) announced today that Fitch Ratings, the international credit rating agency, has reaffirmed the Group’s rating Long-and Short-Term Issuer Default Rating...

ADIB relieves pressure on customers by extending payment holidays on finance programs

Abu Dhabi Islamic Bank (ADIB) is introducing an extension of its relief measures to help customers deal with the unprecedented challenges brought by the...

Ministry of Finance announces successful implementation of Procure-to-Pay

The Ministry of Finance (MoF) announced the successful implementation of Procure-to-Pay (P2P), which facilitates the procurement process and e-approval of purchase orders and requests...

VISA has launched its regional “Where You Shop Matters’ initiative to support small businesses in the UAE

Visa has launched its regional “Where You Shop Matters’ initiative that aims to champion and enable entrepreneurs while encouraging consumers to support small businesses...

Mashreq customers are now being served by the region’s first digital engagement banking bot provided by Avaya

Customers of Mashreq are now being served by the region’s first digital engagement banking bot, giving them access to powerful self-service capabilities that result...

First Abu Dhabi Bank issues largest Chinese Yuan dual listed Formosa bonds from MENA region

First Abu Dhabi Bank (FAB) issued the largest Chinese Yuan (CNH) dual listed Formosa bonds from the MENA region, with a CNH 1.4 billion...

Etihad Credit Insurance and Bpifrance join hands to enhance trade and economic cooperation

Etihad Credit Insurance (ECI), the UAE Federal Export Credit Company, has signed a Memorandum of Understanding (MoU) with Bpifrance Assurance Export, the French Export...

Commercial Bank of Dubai and Dubai Economy to provide exclusive banking services for DED Trader licence holders

The Business Registration and Licencing (BRL) sector of Dubai Economy and Commercial Bank of Dubai (CBD) have joined hands to provide exclusive banking services...

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