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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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Gulf markets felt the sting of an OPEC decision last Thursday to maintain export quotas
November 30th, 2014 - 09:29 GMT

Dependency's ugly side: Egypt's stocks falter as Gulf markets slide

The new regulations will force regional banks to take a closer look at their capital allocation and deploy their capital more strategically.
November 30th, 2014 - 01:15 GMT

Fresh round of Basel III to mark boost to ME's banking sector

The price of Brent crude has tumbled about 10 percent to $70.15 per barrel since regional equity markets last traded on Thursday.
November 30th, 2014 - 01:05 GMT

The domino effect? Panic selling in Gulf markets over plunging oil prices

Al Bawaba
November 30th, 2014 - 12:07 GMT

ADIB receives Sheikh Khalifa Excellence Award in its Gold Category

Emirates NBD Head Office
November 30th, 2014 - 11:59 GMT

Emirates NBD creates new personal banking proposition

FGB
November 30th, 2014 - 10:29 GMT

FGB launches best-in-class credit card loyalty platform in the UAE

Many banks in the region have fallen back on fees and charges as a way of offsetting pressure on the profitability of lending,
November 27th, 2014 - 05:04 GMT

How gracious! HSBC voluntarily refunds ME customers 'excessive' fees

Al Bawaba
November 27th, 2014 - 12:09 GMT

Standard Chartered commemorates 43rd UAE National Day by breaking a world record

Al Bawaba
November 27th, 2014 - 11:49 GMT

MoF organises workshop about the financial aspects of the Government Readiness Index

An official said on Wednesday that the bank is expecting to attract an initial Rs1 billion ($16.4 million) to the fund.
November 27th, 2014 - 04:55 GMT

India’s largest state-owned bank to launch Islamic fund

Nimish Dwivedi, Head of Cards at Mashreq
November 26th, 2014 - 09:46 GMT

Mashreq launches the UAE’s ‘Smartest’ Cash-back Card

Al Bawaba
November 25th, 2014 - 10:49 GMT

ADIB arranges US $420 million financing for Zakher Marine International

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