RAKBANK Completes First CBDC Transfer via mBridge
RAKBANK has become one of the first banks in the UAE to execute a cross-border Central Bank Digital Currency CBDC payment using mBridge The National...
Category : Banking
The frontline of financial innovation. We cover the latest in digital banking, Shariah-compliant fintech, and the cybersecurity frameworks protecting the Middle East’s most vital financial institutions.
Ziina Gets Stored Value Facility License the UAE Central Bank
Ziina becomes first home-grown venture-backed start-up to secure UAE Central Bank Stored Value Facility license Ziina, UAE’s financial platform supporting consumers and entrepreneurs, announces that...
Arab Bank Group Posts 25% Profit of $503 Million in H1-2024
Arab Bank Group reported solid results for the first half of 2024, with 25% increase in net income after tax reaching $503 million as compared...
Visa Unveils Emerging SME Megatrends in UAE
A new study from Visa, the SME Megatrends report, delves into the ever-evolving landscape of Small and Medium Enterprises (SMEs) in the United Arab Emirates...
Visa Installment Solution Now Live for ADIB Cardholders
ADIB is the first fully shariah compliant banking group in the world to enable Visa Installment Solution for covered cardholders in the UAE; Mashreq subsidiary...
Endava Launches its Retail Banking Report
Endava, has launched its Retail Banking Report exploring financial institutions’ (FIs) strategies for meeting customer demand. As per the report, majority (75%) of the banks...
Ajman Bank Appoints Group Chief Financial Officer
Ajman Bank, has announced the appointment of Mr. Ediz Ozsoy as the new Group Chief Financial Officer (CFO). This strategic move is aimed at further...
Mastercard and FAB ink Long-term Global Partnership
The partnership aims to redefine the region’s payments landscape Mastercard and First Abu Dhabi Bank (FAB), have announced an exclusive long-term global partnership, building on...
Ashur International Bank Partners with Nutanix
Will lead digital banking revolution in Iraq Nutanix (NASDAQ: NTNX), has announced that leading Iraqi financial institution, Ashur International Bank has deployed robust, reliable, high-performance...
Emirates Islamic to Launch Digital Wealth Offering and Equity Trading on its Mobile Banking App – EI +
Emirates Islamic, has announced the launch of a Shariah-compliant digital wealth and equity trading platform on its EI + mobile banking App, becoming the first...