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Editors pick

RAKBANK’s credit ratings reaffirmed by Moody’s with positive outlook maintained

Further to Moody’s upgrade of RAKBANK’s outlook to Positive in 2025, Moody’s Ratings has concluded its latest periodic review (rating committee held on 18...

Cairo Amman Bank and Fuze to drive digital assets innovation after MoU agreement

Cairo Amman Bank PSC and Fuze, MENA’s regulated digital assets infrastructure provider, have signed a Memorandum of Understanding (MoU) to collaborate on innovating new...

Visa modernizes payment processing for acquirers

Visa announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform that enables acquirers (banks and other financial institutions...

FAB marks fourth year of “Aftir” Ramadan campaign, reaching nearly one million beneficiaries

First Abu Dhabi Bank (FAB), the UAE’s global bank, has concluded the fourth edition of its flagship “Aftir” Ramadan campaign, supporting communities across the...

Arab Bank fintech accelerator signs with Fuze

AB Xelerate, Arab Bank’s Fintech Accelerator, and Fuze, a MENA digital assets infrastructure provider, have signed a Memorandum of Understanding (MOU) to explore collaboration...

Revolut launches UK bank

Revolut Bank UK Ltd has received regulatory approval from the Prudential Regulation Authority (PRA) to exit the mobilisation phase, and launch as a bank...

Riyad Capital launches Riyad Healthcare Equity Fund, the first dedicated fund focused on the Saudi healthcare sector

Riyad Capital, a fully-fledged investment manager in the Kingdom of Saudi Arabia, announces the launch of the Riyad Healthcare Equity Fund, a public open-ended fund...

Ziina and Virtuzone partner to deliver unified payments and instant settlement to UAE SMEs

Ziina, the UAE’s homegrown consumer and business payments platform, and Virtuzone, a corporate services provider specialising in company formation, tax, and compliance in the...

Mawarid Finance and Liabify join forces to redefine financial flexibility for middle-income workers in the UAE

Liabify, a fintech innovator part of Dubai Founders HQ, dedicated to delivering inclusive and flexible digital financial solutions, and Mawarid Finance, a Sharia compliant...

ADIB shareholders approve AED 3.5 billion cash dividend at annual general meeting, equivalent to 97.05 fils per share

Abu Dhabi Islamic Bank (ADIB) concluded its Annual General Assembly (AGM) at ADIB HQ. Shareholders discussed and approved all agenda items, including the distribution...

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