Banking & Finance

Saudi Arabia’s next phase of banking growth will be digital, AI-led and conversational

Saudi Arabia’s banking sector is entering a new phase of structural growth. Driven by favorable demographics, accelerating digital adoption and a regulatory framework designed...

Al Fardan Group launches AlfaNow, strengthening Cross‑Border payments across the GCC and beyond

Al Fardan Group announced the launch of AlfaNow, its fully owned subsidiary established to strengthen the region’s cross-border payments infrastructure and enable faster, more...

ADIB Capital launches Digital Infrastructure Fund focused on data storage and transmission companies

ADIB Capital Limited, located in DIFC, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC and regulated by the DFSA, has launched the...

EmCoin launches as the UAE’s first capital market authority–regulated multi-asset investment platform

EmCoin has officially launched as the UAE’s first onshore, Capital Market Authority–regulated multi-asset investment platform, bringing crypto assets, foreign exchange, equities, exchange-traded funds (ETFs),...

Mashreq reports strong 2025 with record loan and deposit growth and AED 12.6B operating income

Mashreq has reported another year of outstanding performance in 2025, marked by record loan and deposit growth, strong international expansion and continued progress in...

ADIB and Etihad Guest collaborate to launch new co-branded Visa Infinite Covered Card

Abu Dhabi Islamic Bank PJSC (ADIB), an Islamic financial institution, has expanded its long-standing partnership with Etihad Guest, the award-winning loyalty programme of Etihad...

National Bank of Fujairah PJSC (NBF) – 2025 results

NBF is pleased to announce its results for the year ended 31 December 2025 in accordance with the approval received from the Central Bank...

RAKBANK reports AED 2.6 billion profit for FY 2025 as total assets surpass AED 100 billion

RAKBANK has announced strong full-year 2025 financial results, delivering AED 2.6 billion in profit after tax, up 26 percent year on year, and crossing...

PayPal and NEO PAY partner to accelerate cross-border payments for businesses across the UAE

PayPal, a global digital payments and commerce platform, announced a strategic partnership with NEO PAY, the UAE’s fast-growing digital payments platform. With this partnership,...

Careem Pay expands remittances to Egypt, Lebanon, and the Philippines

Careem Pay, the digital payments platform within the Careem app, expands its remittance service with three major launches: mobile wallet transfers to Egypt, cash...

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