Editors pick

State Street and QNB Group sign strategic agreement to launch new custody servicing model

State Street Corporation (NYSE: STT) and QNB Group announced at the World Economic Forum (WEF), a strategic alliance to introduce a new custody servicing...

Commercial Bank of Dubai achieves record FY2025 net profit before tax of AED 3,844 million, supported by net loans above AED 100 billion.

Commercial Bank of Dubai (CBD) announced record financial results for the year ended 31 December 2025, achieving an exceptional milestone of 22 consecutive quarters...

NBF opens new branch in Ras Al Khaimah, enhancing service and access across the northern emirates

National Bank of Fujairah (NBF) announced the opening of its new NBF Ras Al Khaimah Branch, marking an important step in the Bank’s continued...

Global Money Exchange launches “Global Pay” mobile app powered by Comviva

Global Money Exchange Co. LLC (GMEC), Oman’s money exchange company, announced the launch of Global Pay, its new mobile application powered by Comviva’s mobiquity® Pay platform. This...

Al Fardan Exchange signs a Memorandum of Understanding with the Zayed Authority for People of Determination to support inclusive employment

Al Fardan Exchange, a UAE financial services provider, has signed a Memorandum of Understanding (MoU) with Zayed Authority for People of Determination, aimed at...

Aafaq Islamic Finance advances intelligent, agentic automation with Finesse to strengthen operational excellence

Aafaq Islamic Finance, a financial institution in the UAE, has enhanced operational efficiency and accuracy by implementing Robotic Process Automation (RPA) across key finance...

Mal closes record $230M seed round to build world’s first AI-native Islamic digital bank

Mal, the AI-native Islamic digital bank founded by serial fintech entrepreneur Abdallah Abu-Sheikh, is gearing up for its official launch following a strategic $230M...

botim money collaborates with Mastercard to expand and accelerate embedded cross-border payments

botim money, botim’s financial services arm serving millions of users in the UAE and beyond, announced a strategic collaboration with Mastercard to expand its global...

Emirates Islamic provides USD 500 million structured financing to Mass Group Holding

Emirates Islamic, one of the Islamic financial institutions in the UAE, has announced a landmark structured funding transaction valued at USD 500 million to...

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures announce strategic collaboration to explore innovation in SME and beyond

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures, signed an MoU announcing a strategic collaboration to jointly explore new opportunities...

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