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Banking and Finance

Banking and Finance latest

KamelPay launches AbsoluteCard powered by Mastercard, bringing real-time corporate spend management to UAE businesses
July 17th, 2026 - 04:18 GMT

KamelPay launches AbsoluteCard powered by Mastercard, bringing real-time corporate spend management to UAE businesses

KamelPay, the UAE-based fintech reshaping payroll and corporate payments across the GCC, has officially launched AbsoluteCard, a corporate payments management platform and corporate cards powered by Mastercard, issued by Mawarid Finance. The platform brings together a web portal, mobile app, instant virtual IBANs and Mastercard corporate cards into a single ecosystem that gives businesses real-time control over how they spend, manage and move money. The launch follows the formalisation of KamelPay's collaboration with Mastercard, when Gina Petersen-Skyrme, Country Manager, UAE and Oman at Mastercard, and Ehsan Rahman, Co-founder and CEO ...
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Al Bawaba
June 16th, 2014 - 11:17 GMT

Sharjah Islamic Bank opens its new branch in Jebel Ali

In Dubai, property developer, Arabtec, dropped the most allowed to reach a share price of Dh4.50.
June 16th, 2014 - 02:55 GMT

Things were too good to be true? Arabtec's stocks plummet 10%

Al Bawaba
June 15th, 2014 - 06:40 GMT

Morocco raises $0.7 billion on international markets

Al Bawaba
June 15th, 2014 - 12:02 GMT

Visa unveils innovative tournament activation program for the Middle East with interactive fan engagements and seamless in-stadium technology to connect everyone to the 2014 FIFA World Cup

Al Bawaba
June 15th, 2014 - 11:13 GMT

Burgan Bank announces names of the daily lucky winners of Yawmi account

Abu Dhabi Commercial Bank
June 15th, 2014 - 10:43 GMT

ADCB launches SimplyLife MasterCard Credit Card

Al Bawaba
June 15th, 2014 - 08:07 GMT

NBAD Sukuk income fund delivers 5.83% dividend annualised

Jordan Ahli Bank
June 15th, 2014 - 05:04 GMT

Jordan Ahli Bank sponsors annual event geared toward individuals with special needs

avenues to keep their assets secure.Citizenship schemes demand anything from $100,000 per individual, in the case of Dominica in the Caribbean, to up to five million Euros, in the case of Cyprus.
June 15th, 2014 - 02:55 GMT

How the ME's ultra-wealthy are splashing money on purchasing a second citizenship

Insurance companies do not offer the basic health package costing Dh600 to individuals as it is not profitable to cover one person separately, insurance company representatives said.
June 15th, 2014 - 02:55 GMT

Fail much? No health insurance for Dubai's single expats

Al Bawaba
June 15th, 2014 - 02:55 GMT

A proxy for economic performance or stark inequality? ME’s private wealth surpasses $5 trillion

Al Bawaba
June 12th, 2014 - 09:26 GMT

Emirates NBD and MetLife sign strategic partnership

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