Wednesday, December 4, 2024
HomeBanking & Finance

Banking & Finance

HSBC launches global wealth trading platform in the UAE

The UAE is the first market in the HSBC global network to launch WorldTrader, with select markets in Asia and the Middle East set to follow

Wio Bank redefines SME banking with embedded finance services

UAE digital bank Wio Bank is introducing a new embedded finance service designed for the country’s small and medium-sized enterprises (SMEs). The initiative, which includes...

ADIB, DIFC Innovation Hub partner to drive regional fintech growth

The collaboration seeks to create proof-of-concept projects, where the DIFC Innovation Hub will support ADIB in collaborating with the shortlisted fintech firms

National Bank of Egypt obtains $1 billion unsecured loan facility

Emirates NBD Capital, Mashreqbank and Firstrand Bank were the global coordinators on the financing deal

Citi, Emirates NBD partner to launch US cross-border payments

Emirates NBD will fully utilise Citi’s 24/7 USD clearing capabilities, including commercial payments and execution of treasury payments

CBUAE publishes monetary, banking developments for March 2024

The money supply aggregate M3 increased by 1.9%, from AED 2.54 billion at the end of February 2024 to AED 2.58 billion at the end of March 2024

OAB unveils direct debit service for seamless payment automation

The innovative service is part of the bank’s commitment to providing cutting-edge banking solutions, accessible 24/7 through electronic platforms and the mobile app

Visa brings simplicity, convenience to booming subscription economy

The new solution supports Visa’s ongoing efforts to increase transparency and control in the subscription economy

aiBANK unveils a daily savings account with interest rates of up to 20%

Customers who opt for the new savings account can earn a daily interest rate of up to 20%

UAE’s du partners with Visa to debut innovative prepaid card

The partnership between du Pay and Visa seeks to reshape the digital payments landscape by ensuring the delivery of easy-to-use and secure digital payment solutions

More news