Central Bank Pilots Face-and-Palm Biometric Payments, Extending UAE’s Seamless-Travel Ecosystem
The Central Bank of the UAE has launched a proof-of-concept biometric payment system that lets users pay with a quick…
FinTech
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Egyptian banks step up cyber security upgrades as deposits reach EGP 15.3tn
Mohamed El-Etreby, chairman of the Union of Arab Banks and CEO of the National Bank of Egypt, said Egyptian lenders…
ADCB Egypt Goes Live with Temenos to Modernize Payments Infrastructure and Accelerate its Digital Transformation Plans
Temenos has announced ADCB Egypt, a subsidiary of Abu Dhabi Commercial Bank Group, one of the leading banking institutions in…
Qatar Development Bank launches Reyada portal to empower private sector
Qatar Development Bank has announced the launch of Reyada, a unified digital Portal designed to empower Qatar-based companies by providing…
Jordan Launches Region’s First Fintech Academy and Applied Lab to Drive Digital Economy
The Institute of Banking Studies (IBS) officially inaugurated the headquarters of the Jordan Fintech Academy and its dedicated Fintech Lab…
UAE’s digital finance playbook signals a nation-level shift in crypto
As governments move beyond experimentation and into real-world deployment of digital finance infrastructure, the UAE has emerged as one of…
WRISE Group Partners to Expand UAE Private Banking Access
The financial services firm formed a strategic alliance with The Continental Group aimed at making private banking services more widely…
ADIB Becomes First Islamic Bank to Implement Open Finance With the Support of the CBUAE’s Open Finance Initiative AlTareq
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has taken another major step in shaping the future of…
Aafaq rolls out World Elite Mastercard credit card
Mastercard has joined Aafaq Islamic Finance (Aafaq) in a strategic collaboration aimed at supporting the launch of a new variant…
Emirates NBD issues Dh1 billion first-ever digital bond in MENA
Emirates NBD has issued Dh1 billion in 3-year fixed-rate Digitally Native Notes (DNNs). This marks the first AED-denominated digital bond…
Saudi Arabia’s leap into digital leadership
The storage, protection, and management of data have become among the most critical challenges facing governments worldwide. As digital…
Mashreq launches instant digital home loan pre-approval to transform the UAE mortgage experience
Mashreq, a leading financial institution in the Middle East, has officially launched digital home loan pre-approval, a groundbreaking innovation poised…