Tag: UAE
Magnati, Al Etihad Payments partner to provide instant digital payments
Real-time payments enhance cash flow for merchants and customers benefit from an improved payment experience
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
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
ADIB, Aldar Properties close AED 1 billion sustainability-linked financing deal
The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the UAE Net Zero by 2050 strategic initiative
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
UAE’s FAB joins Mastercard’s Priceless Planet Coalition
The coalition contributes to the UAE’s mangrove planting and restoration efforts that boost the country’s climate change mitigation and adaptation capabilities
UAE’s Al Maryah Community Bank, Facephi partner to advance digital banking
The advanced identity verification techniques using machine learning algorithms and digital behaviors will be instrumental to detect and prevent fraudulent activities.