Mashreq has launched an embedded insurance product for small and medium-sized enterprises (SMEs) in partnership with Sukoon Insurance, enabling business customers to purchase liability and workers’ protection coverage directly through …
digital banking
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Digital BankingTrending
Arab Bank Switzerland Expands in DIFC – ABS (Middle East) Ltd
by RUDRI MEHTAArab Bank Switzerland has opened a physical office in the Dubai International Financial Centre (DIFC) through its newly approved subsidiary, ABS (Middle East) Limited. The Geneva-based private banking group established …
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FintechDigital BankingTrending
ADIB and ADHA Now Offer UAE Nationals Instant Digital Pre-approval for Islamic Home Financing
by RUDRI MEHTAAbu Dhabi Islamic Bank and the Abu Dhabi Housing Authority have launched a partnership that provides eligible UAE nationals with instant digital pre-approval for Islamic home financing. Through a fully …
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FintechTrending
CBUAE and World Bank Group Partner to Advance Regulatory Frameworks for Leadership in Financial Inclusion
by RUDRI MEHTAThe Central Bank of the UAE (CBUAE) has signed a comprehensive cooperation agreement with the World Bank Group, marking a defining moment in the country’s financial inclusion agenda. The high-level …
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FintechTrending
Finance House Group Launches Dhabi Bank in ADGM to Deliver Unified Borderless Financial Architecture
by RUDRI MEHTAAbu Dhabi-based financial services powerhouse Finance House Group has officially announced the launch of Dhabi Bank. Headquartered in the Abu Dhabi Global Market (ADGM), the brand-new digital-first entity is the …
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TrendingFintech
ADIB Makes History – First Bank to Secure UAE Open Finance TPP License Under AlTareq
by RUDRI MEHTAThe UAE’s financial landscape has reached a watershed moment in its journey toward a digital-first economy. Abu Dhabi Islamic Bank (ADIB) has officially become the first bank in the nation …
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FintechTrending
MBME Pay Secures CBUAE Category 3 License – Boosting UAE Payment Aggregation Capabilities
by RUDRI MEHTAMBME Pay, a subsidiary of the MBME Group, officially received its Payment Service Provider license (Category 3) from the Central Bank of the UAE (CBUAE). This regulatory approval empowers the …
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FintechTrending
Wio Bank and Kibsons Partner to Strengthen Supply Chains and Launch Exclusive Cashback UAE Rewards
Wio Bank PJSC, the leading digital financial platform in the Middle East, has announced a landmark strategic partnership with Kibsons, the UAE’s premier homegrown fresh-food and e-commerce grocery retailer. Announced …
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FintechTrending
Mashreq Introduces Digital Cross-Border Accounts with Quick Remittance for Pakistani Expats
Mashreq, a leading financial institution in the MENA region, has officially transformed the banking experience for Pakistani nationals residing in the United Arab Emirates. The bank has launched a first-of-its-kind …
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The Central Bank of the UAE (CBUAE) has reached a landmark milestone in its international financial strategy by joining the Central Moneymarkets Unit (CMU) in Hong Kong. This strategic integration …