Editors pick

Libyan Islamic Bank partners with Backbase to enhance Digital Customer Experience

In an effort to streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase,...

The DFSA and the HKMA join efforts to accelerate sustainable finance across the Middle East and Asia

Building on the long-standing relationship between the Dubai International Financial Centre (DIFC) and the HKMA, this new partnership aims to bolster cross-border collaboration to...

Wio Bank partners with Fuze to enable virtual asset trading

Wio have partnered with Fuze, MENA’s pioneering digital assets infrastructure provider, to empower its customers with cutting edge virtual assets trading services. Customers will...

Virtuzone pioneers the world’s first business setup AI chatbot: ChatVZ

Building on the successful launch of its suite of AI-powered tools, Virtuzone further cements its position as a leading innovator in the company formation...

48% of people in UAE are likely to send more cross-border payments in the next year

Mastercard’s Borderless Payments Report 2023 reveals that 48% of people in the UAE expect to send cross-border payments more frequently in the next 12...

Dubai Financial Market and Shanghai Stock Exchange sign MoU to advance cross-border collaboration

The Dubai Financial Market (DFM), Nasdaq Dubai, and Shanghai Stock Exchange (SSE) announced the signing of a Memorandum of Understanding (MoU) to further strengthen...

Assured Inevitability

Leaving aside the Covid-19 pandemic, what have been the other main drivers of the digital banking revolution in the region? In the dynamic landscape...

Dubai Islamic Bank advocates for climate action at COP28 as an Associate Pathway Partner

As the countdown to COP28 UAE continues, Dubai Islamic Bank (DIB) has announced that it will participate at COP28 as an Associate Pathway Partner,...

Mastercard collaborates with Dubai Islamic Bank to introduce cross-border payment services

Mastercard has initiated a strategic partnership with Dubai Islamic Bank (DIB) to launch cross-border payment services for peer-to-peer (P2P) and business-to-business (B2B) fund transfers....

MUFG supports the financing of AviLease’s acquisition of Standard Chartered’s aviation leasing business

MUFG supported the provision of a $2.1 billion bridge facility for AviLease for the acquisition of Standard Chartered’s aviation leasing platform. MUFG acted as...

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