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Sheikh Mansour makes first cross-border payment using digital currency

Sheikh Mansour made the payment while attending a celebration marking the CBUAE’s 50th Anniversary

ADIB full year net profit rises 45% to AED 5.25 billion

Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022

ADGM, Mastercard partner to empower SME community

The two entities will work with local banking partners to issue SME cards, which will offer a seamless and secure way to manage business expenses

ADIB launches B2B marketplace to empower SMEs

The online platform is an ecosystem for SMEs and allows businesses to digitally access multiple services and offers

Ajman Bank launches real estate subsidiary Skyrise Properties

The new company is set to complement the bank’s core business offerings, with a range of services including property management

ADIB-Egypt unveils Shariah-compliant private banking for HNWIs

The personalised proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards

MBank signs MoU with Real Estate Regulatory Agency

The purpose of Escrow account services provided by Mbank is to regulate, enhance, and provide confidence to buyers in real estate

Dubai Islamic Bank unveils sustainable home finance ‘Nest’

The sustainable home finance’s benefits include discounts on home finance rates, discounts on due diligence and documentation fees

UBF stresses the role of advancing security to bolster financial sector

The banking federation said banks must keep pace with the rapid developments in the sector to provide the highest level of security and cybersecurity

Commercial Bank of Dubai, Visa partner to drive sustainability initiatives

Commercial Bank of Dubai is committed to supporting impactful and purpose-driven global environmental challenges.

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