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Banking and Finance

Banking and Finance latest

RAKBANK and Network International Complete Merchant Acquiring Transaction in the UAE
March 26th, 2026 - 12:50 GMT

RAKBANK and Network International Complete Merchant Acquiring Transaction in the UAE

Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed following all required approvals from the Central Bank of the UAE. As part of the partnership, Network will provide its state-of-the-art payment solutions to serve RAKBANK’s customers across SMEs and large corporates, furthering strengthening its position in the region’s rapidly growing payments and fintech ecosystem. Network will also offer innovative value-added services, reinforcing the commitment to empower the SME ecosystem and support the UAE’s Digital ...
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Markaz:  GCC markets recover in July in line with global markets; Oil decline by 4.2%
August 2nd, 2022 - 09:30 GMT

Markaz:  GCC markets recover in July in line with global markets; Oil decline by 4.2%

Bank ABC named as Best Bank for "Innovation in Digital Banking" in the Middle East by The Banker
August 2nd, 2022 - 06:45 GMT

Bank ABC named as Best Bank for "Innovation in Digital Banking" in the Middle East by The Banker

Abu Dhabi Islamic Bank Named as the Most Innovative Islamic Bank by Islamic Finance News
August 1st, 2022 - 10:30 GMT

Abu Dhabi Islamic Bank Named as the Most Innovative Islamic Bank by Islamic Finance News

BisB Installs Solar Energy Panels at its Arad and Hamad Town Financial Malls 
August 1st, 2022 - 10:19 GMT

BisB Installs Solar Energy Panels at its Arad and Hamad Town Financial Malls 

Arab Bank Group profits grow by 38% to $252 million for the first half of 2022
July 31st, 2022 - 05:55 GMT

Arab Bank Group profits grow by 38% to $252 million for the first half of 2022

NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards
July 31st, 2022 - 05:51 GMT

NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards

DFSA appoints new Chief Executive 
July 29th, 2022 - 10:20 GMT

DFSA appoints new Chief Executive 

Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses
July 29th, 2022 - 09:48 GMT

Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses

CBI Announces Q2 2022 Net Profit of AED 34 million
July 29th, 2022 - 09:07 GMT

CBI Announces Q2 2022 Net Profit of AED 34 million

Dubai Islamic Bank 1st Half 2022 Group Financial Results
July 28th, 2022 - 11:37 GMT

Dubai Islamic Bank 1st Half 2022 Group Financial Results

Burgan Bank reports strong H1’22 Results
July 28th, 2022 - 11:02 GMT

Burgan Bank reports strong H1’22 Results

FAB reports a Group Net Profit of AED 8.0 Billion for the first half of 2022, up 50% year-on-year
July 28th, 2022 - 07:04 GMT

FAB reports a Group Net Profit of AED 8.0 Billion for the first half of 2022, up 50% year-on-year

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