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Remittance

Banking & Finance

UAE banking sector’s net international reserves hit AED 1.27 trillion

MEA Finance - November 6, 2024 0

The latest data showed that the central bank accounted for AED 771.6 billion of the sector’s net international reserves at the end of July

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Banking & Finance

Al Ansari to acquire Bahrain’s BFC Group Holdings for $200 million

MEA Finance - July 30, 2024 0

The strategic acquisition will allow Al Ansari to expand its geographic presence and become the largest remittance and exchange in the GCC region

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Banking & Finance

Emirates Islamic launches QuickRemit money transfer to UK

MEA Finance - January 5, 2024 0

The bank’s customers can conduct QuickRemit transfers to any Lloyds Bank account in the UK in less than 60 seconds

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Latest news

Dgpays appoints Nandan Mer as Group Chief Executive Officer

September 10, 2025

Geidea appoints Pankaj Kundra as CEO of Geidea UAE to drive next-generation payments

September 9, 2025

Revolut secures in-principle approval for UAE Payments Licence, accelerating expansion plans in the region

September 9, 2025

Mastercard partners with Qlub to transform digital payments in the GCC hospitality sector

September 8, 2025

United Arab Bank Partners with Abu Dhabi Securities Exchange (ADX) to offer seamless IPO Subscription Services for customers

September 4, 2025

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