Browsing: digital banking

First Abu Dhabi Bank (FAB) has become the first bank in the Middle East and North Africa (MENA) to pilot an embedded finance and payments solution, developed in collaboration with Oracle and Mastercard.

Wio Bank, the UAE’s digital-only banking platform, has appointed Mansour AlMulla as its new Chairman.…

Commercial Bank of Dubai, a leading financial institution in the UAE, has signed three Memorandums of Understanding (MoUs) this week at the Dubai FinTech Summit. The agreements, made with Tata Consultancy Services (TCS), Nexthink, and CODE81, are well in line with CBD’s commitment to making everyday banking effortless and simple through thoughtful innovation.

Global entrepreneur Roman Ziemian argues that the next wave of unicorns will be born not in banking apps, but in AI diagnostics

Dubai is set to reinforce its status as a global financial powerhouse as the Dubai…

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, attended…

Mashreq Bank reported a net profit of AED 9B in 2024, marking a 4% increase from 2023 after accounting for AED 869M in tax payments.

The National Bank of Fujairah (NBF) has reported a net profit of AED 850.1 million…

Emirates NBD reported a pre-tax profit of AED 27.1B in 2024, a 15% rise from the previous year, while post-tax profit increased by 7% to AED 23B. The bank’s Board of Directors has proposed a 100 fils dividend per share.

The strategic move strengthens its digital banking footprint. Dubai Islamic Bank (DIB), the UAE’s largest…