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botim money expands global remittances through TerraPay’s partnership

botim money, botim’s financial services arm serving millions of users in the UAE and beyond has announced a strategic partnership with TerraPay, a global money...

ADCB solidifies its leadership in emiratisation and reaffirms its strategic plans to double its national workforce in Al Ain in 2026

Anchored in its long-standing commitment to national priorities and to shaping a future-ready banking sector led by Emirati talent, ADCB continues to deliver exceptional...

Standard Chartered issues USD 170 million certificate of deposit via DIFC

Standard Chartered announced the successful issuance of a USD 170 million Certificate of Deposit (CD) through its Dubai International Financial Centre (DIFC) branch (Regulated...

Arab Bank Group reports record net profit of USD 1.13 billion for 2025, 40% cash dividends

Arab Bank Group achieved strong financial performance for the year ending December 31, 2025, with a net profit after tax USD 1130 million compared...

CAB global markets secures ADGM licence to enhance global reach

Crown Agents Bank (CAB), the UK regulated specialist bank with nearly 200 years of heritage, announced that its Middle Eastern subsidiary, CAB Global Markets...

National Bank of Fujairah concludes CASA campaign, celebrates business banking clients’ growth

National Bank of Fujairah (NBF) marked the successful conclusion of its Business Banking CASA campaign, rewarding clients who demonstrated strong balance growth and reinforcing...

Egypt business conditions contracts further in July. Here’s why

Business conditions in Egypt contracted further in July, albeit at a slower pace than the previous month’s two-year low, due to a decrease in...

Furniture marketplace startup Homzmart raises $23 million to support regional expansion

Egyptian furniture and e-commerce marketplace Homzmart said Monday that it raised $23 million in a Pre-Series B funding round to support the startup’s regional...

Egypt needs progress on fiscal and structural reform, says IMF

The International Monetary Fund (IMF) said Tuesday that Egyptian authorities need to make “decisive progress” on fiscal and structural reform as well as foster...

Allianz to reportedly hold 40% stake in $2 billion joint venture with Sanlam

Allianz, Germany’s multinational financial services provider, will reportedly hold a 40% stake in its $2 billion joint venture with South Africa’s Sanlam Group. Allianz and...

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