Rakbank rebrands after 50 years, doubles down on digital banking
Rakbank has unveiled a new brand identity as it looks to strengthen its position as one of the UAE’s leading…
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Egypt moves to build $1bn AI data centre with Nvidia tech
Egypt plans to build its first large-scale artificial intelligence data centre, aiming for a 200-megawatt facility worth $1 billion, using…
First Abu Dhabi Bank and Mastercard unveil UAE’s first World Legend Exclusive card, pairing bespoke design with luxury lifestyle benefits
FAB Royale World Legend Exclusive card marks the latest milestone in the long‑standing strategic collaboration between FAB and Mastercard First…
Alpha FMC expands presence across the GCC with new office in Riyadh
Alpha FMC, a leading global consultancy to the financial services industry, has expanded its presence across the Gulf Cooperation Council…
Qatar’s Islamic Banking sector expands, fueled by digitalization and sustainability
Qatar's Islamic banking sector continues to demonstrate steady growth, consolidating its position within the national financial system, driven by overall…
Saudi Arabia's Salla buys PayLink to build out merchant payment acceptance services
Saudi Arabian fintech Salla has acquired domestic paytech PayLink to expand its merchant payment acceptance services. The financial terms of…
Mozambique Courts UAE Capital to Drive Industrialisation
Mozambique's government is stepping up efforts to attract capital from the United Arab Emirates, with the aim of accelerating industrialisation…
Abu Dhabi Commercial Bank to receive universal banking license in Kazakhstan by year-end – regulator
Kazakhstan's Financial Market Regulation and Development Agency plans to issue a universal banking license to Abu Dhabi Commercial Bank (ADCB)…
Julius Baer appoints Prashant Ajitsaria as Group Head for NRI Clients in Switzerland
Julius Baer has appointed Prashant Ajitsaria as Group Head for Non-Resident Indian (NRI) Clients in Switzerland, succeeding Gideon Dessauer. Based…
Arab Global Crypto Exchange to Launch on September 10 with AED Support and Zero Platform Fees on Crypto Transfers
Arab Global Crypto Exchange a CMA-licensed Virtual Assets platform, will open for trading on September 10, 2026, giving UAE residents…
Ministry of Finance announces amendments to the VAT executive regulation
The Ministry of Finance has announced the issuance of Cabinet Decision No. (149) of 2026 amending certain provisions of the…
ADGM Reinforces Abu Dhabi’s Standing as a Global Financial Hub with 54% Growth in AUM and Almost 14,000 Active Licences
Workforce across ADGM's jurisdiction approaches 50,000 for the first time, with 34% year-on-year growth to 49,027. Assets Under Management (AUM)…