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Banking & Finance

UAE’s Network International, Huawei partner to facilitate digital payments

Arabiya Capital Staff -
The payments firm will support customers in the market by providing omnichannel digital payment offerings, including card issuing and acquirer processing services
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UAE’s ADCB launches Mastercard Carbon Calculator

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The bank is partnering with customers on their transition to a net zero economy by expanding its suite of green products and services
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Al Baraka Bank Egypt, IFC partner to support SMEs

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The multilateral bank’s $50 million Murabaha finance to Al Baraka Bank Egypt will allow the bank to increase financing to thousands of SMEs in the country.
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UAE’s FAB to provide $135 billion in green finance by 2030

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The banking group has facilitated over $27 billion in financing renewable energy, wastewater and green buildings since 2021.
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UAE banks pledge AED 1 trillion in green finance at COP28

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The country’s banking federation is working closely with its partners on sustainability efforts to accelerate and advance sustainable development goals.
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Abu Dhabi’s Wio Bank rolls out Mastercard Carbon Calculator

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The Carbon Calculator enables the bank to provide customers with carbon footprint data and insights about the impact of their purchases.
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UAE’s Mashreq commits AED 110 billion to sustainable finance by 2030

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The bank’s commitment to facilitating AED 110 billion in sustainable finance by 2030 builds on years of sustainable finance deployment
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PayTabs Egypt, mnGm partner to initiate card acceptance for online gold purchases

Arabiya Capital Staff -
The company supports multiple digital payment options, white labelling platforms and a range of e-commerce, m-commerce, and social commerce solutions.
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Bahrain’s Investcorp launches new climate solutions investment platform

Arabiya Capital Staff -
The platform seeks to accelerate the global transition to a zero-carbon economy with a focus on the deployment of commercially proven climate solutions.
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UAE’s Al Maryah Community Bank, Facephi partner to advance digital banking

Arabiya Capital Staff -
The advanced identity verification techniques using machine learning algorithms and digital behaviors will be instrumental to detect and prevent fraudulent activities.
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