Banking & Finance

FAB launches annual outlook report, predicting GCC to outpace the global economy in 2025

First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has launched its 2025 Global...

Mastercard SME Confidence Index: Optimism at a high as businesses in the UAE embrace digital growth and expansion

Small and medium enterprises (SMEs) in the UAE are entering 2025 with strong optimism, fueled by a thriving digital economy, strong government support, and...

Bank of Singapore unveils “2025 Supertrends” highlighting key aspects influencing Global Investment Outlook

Bank of Singapore successfully concluded the CIO Summit, held in Dubai, where its leadership and expert panelists explored key investment themes, their implications on...

Invest Bank expands Digital Trade Finance through partnership with Veefin Solutions

Invest Bank announced a strategic partnership with Veefin Solutions to introduce cutting-edge digital trade finance solutions for businesses across the UAE. Through this collaboration,...

Mashreq’s Business Banking and NEO PAY collaborate to launch PoS Lending Solution for Merchants across the UAE

Mashreq has announced a collaboration between its business banking arm and NEO PAY, the UAE’s fast-growing digital payments leader, to launch its Point-of-Sale (PoS)...

Needs of the Heart

How does your bank define or categorise SMEs? SMEs are the backbone of the UAE economy, accounting for more than 94% of businesses and playing...

WATCH: Driving Digital transformation for Financial Services – An Infosys Roundtable Event, Dubai UAE, Feb 05 2025

https://youtu.be/rk0PCedjCpw The region’s most senior leaders of banks and in banking technology came together for the MEA Finance and Infosys Roundtable – Driving Digital Transformation...

Al Fardan Exchange partners with Visa for enhanced global money movement solution

Al Fardan Exchange has rolled out its new cross-border remittance service through Visa Direct, in collaboration with Visa, a world leader in digital payments....

Mashreq reports record AED 9.9 billion net profit in 2024

 The bank’s net profit after AED 869 million tax stood at AED 9 billion, marking a 4% rise from the previous year

UAE’s ADIB posts AED6.1 billion in net profit for 2024

ADIB’s board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.03 billion

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