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Banking

NEOPAY and Commercial Bank of Dubai (CBD) partner to strengthen access to working capital and banking services for SMEs

NEOPAY, a payments solutions provider in the UAE, has partnered with CBD to help small and medium-sized enterprises (SMEs) gain easier access to financing...

NEC XON and Avaloq advance wealth management technology in Africa

NEC XON and Avaloq (both part of NEC Corporation) have combined Avaloq’s globally proven banking and wealth management platform with NEC XON’s strong regional...

Singapore Gulf Bank and Standard Chartered partner to enhance cross-border clearing and settlement flows

Singapore Gulf Bank (SGB), a fully licensed bank backed by Whampoa Group and Mumtalakat, announced a strategic banking relationship with Standard Chartered. The collaboration...

Network International and Emirates NBD extend long-standing processing partnership

Network International, a FinTech company across the Middle East and Africa, announced the renewal of its processing and back-office management agreement with Emirates NBD...

SIB rights issue attracts over AED 8.3 billion, oversubscribed by 3.2 times

Sharjah Islamic Bank PJSC announced the successful completion of its AED2.59 billion rights issue, following the close of the subscription period on 8 May...

Citi Investor Day underscores global network strength

Citi outlined a clear pathway to stronger and more durable returns at its 2026 Investor Day, highlighting the increasing strategic importance of its global network...

Standard Chartered appoints Michelle Swanepoel as Head of Financing and Securities Services Middle East and Africa

Standard Chartered announced the appointment of Michelle Swanepoel as Head of Financing and Securities Services (FSS), Middle East and Africa. Based in Dubai, she...

From digital banking to AI-native banking: why execution will define the next phase of growth in the GCC

Over the past decade, banks across the GCC have moved faster than many of their global counterparts in embracing digital transformation. From mobile-first platforms...

The Illusion of efficiency: Why automation hasn’t fixed the friction in UAE Banking

One of the first things I ask when I sit down with a UAE banking leadership team is: Walk me through what happens between...

ADIB delivers strong Q1 2026 performance as profit and balance sheet growth gain momentum

Abu Dhabi Islamic Bank (ADIB) posted a strong set of first‑quarter results for 2026, supported by balance sheet expansion, resilient income growth and disciplined...

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