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Tag: banking

Posted on 19/02/2025

ADIB opens next-generation universal branch in Dubai

Business banking customers can access ADIB’s suite of business banking solutions to unlock growth opportunities …

Posted on 19/02/2025

Federal Bank Launches Prospera for NRIs with Exciting Benefits

Federal Bank introduced Prospera, a new NRE Savings Account, targeting affluent NRI customers. Launched in Dubai, the account offers benefits like complimentary insurance, travel discounts, and …

Posted on 19/02/2025

Federal Bank Strengthens NRI Banking Proposition – Unveils Prospera, a New NRE Savings Account Variant

India], : Federal Bank, one of India’s leading private sector banks, unveiled a new NR Savings account variant – Prospera. The Prospera NRE Savings Account offers an impressive suite of benefits …

Posted on 19/02/2025

UAE’s Invest Bank onboards Veefin Solutions to digitise their SCF operations

Invest Bank in the UAE collaborates with Veefin Solutions to digitize its Supply Chain Finance offerings, enhancing operational efficiency and customer experience. The partnership is set to streamline …

Posted on 19/02/2025

Eureeca broadens international investment access, strengthening UAE IPO market

Eureeca is a multi-regulated, cross-continental digital investment platform with 55,000 users across 72 countries. The company’s recent strategic partnership with the Abu Dhabi Securities Exchange …

Posted on 19/02/2025

UAE’s Careem Pay expands remittance service to 18 European countries

Careem users can now send near-instant money transfers to bank accounts in Austria, Belgium, Croatia, Cyprus, Estonia and more …

Posted on 19/02/2025

UAE hosts strategic dialogue with Russia to boost financial cooperation

The UAE-Russia forum, aimed at strengthening cooperation across various financial and economic sectors, was a platform to discuss best practices …

Posted on 18/02/2025

Dubai real estate: What are the top five changes driving the property market in 2025?

Managing affordability, quality, accessibility and investor demand is a delicate balancing act, but these five measures are a positive move for the rapidly growing real estate market …

Posted on 18/02/2025

$1 billion fund: BSE SME IPO company expands UAE presence; retains Houlihan Lokey for GCC fund

Following its recent initial public offering, the firm has been focused on expanding fund licenses, raising new capital, and strengthening its investment management infrastructure. As it accelerates …

Posted on 18/02/2025

Why UAE bank users are switching to Aani for instant payments

For years, transferring money meant navigating a multi-step process, exchanging long IBANs to add beneficiaries, verifying details over multiple calls or messages, and waiting for confirmation. A …

Posted on 18/02/2025

Nisus Finance Services appoints Houlihan Lokey for GCC fund

Nisus Finance partners with Houlihan Lokey to raise financing for high-yield growth fund in Dubai, targeting $1 billion corpus.

Posted on 18/02/2025

UBF: Financing solutions strengthen UAE position as leading center of international trade

During its participation in the meetings of the Global Banking Commission of International Chamber of Commerce (ICC) …

Posted on 18/02/2025

e& enterprise partners with PayPal to expand digital payment options for UAE businesses

This will be particularly beneficial for merchants in the UAE and the region looking to reach customers abroad, driving cross-border commerce and expanding their market reach …

Posted on 18/02/2025

UAE: DIFC marks 20th anniversary with record annual performance

The milestone coincides with DIFC’s 20th anniversary, reinforcing Dubai’s position as the region’s financial services capital …

Posted on 18/02/2025

Hedge Funds Help Drive Record Growth in Dubai Financial District

Dubai’s financial district reported a record 25% increase in company registrations last year, helped in part to by a continuing influx of hedge funds that’s transformed the city into an emerging hub …

Posted on 18/02/2025

Dubai’s Financial Hub Sees Surge in Company Registrations

Dubai’s International Financial Centre has seen an unprecedented 25% rise in company registrations over the last year, marking a record high. The financial district, now home to 6,920 active companies …

Posted on 18/02/2025

Mamo and Paymentology join forces to drive financial inclusion for SMEs across UAE

Mamo partners with Paymentology to work towards closing the financial inclusion gap for SMEs, providing them with virtual Visa prepaid cards linked to Mamo’s single platform. The solution empowers …

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