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Banking and Finance

Banking and Finance latest

ADIB Drives Community Giving Through Its Mobile App, Facilitating 2.38 Million Donation Transactions Worth Over AED 150 Million
March 13th, 2026 - 07:18 GMT

ADIB Drives Community Giving Through Its Mobile App, Facilitating 2.38 Million Donation Transactions Worth Over AED 150 Million

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, continues to strengthen its commitment to social responsibility by enabling customers to contribute easily and securely to charitable causes through its mobile banking app. In 2025, donations facilitated through the ADIB mobile app exceeded AED 150 million, supported by approximately 2.38 million donation transactions, reflecting a 15% year-on-year increase. The milestone highlights the growing role of digital platforms in supporting charitable giving and connecting individuals with causes that matter to them. ADIB’s digital donation service allows customers to contribute to ...
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Banks are trimming branch numbers as consumers tilt towards online banking. (Shutterstock)
August 30th, 2018 - 08:55 GMT

Report: UAE Banks Laid off Over 600 Employees in 2017

The currency has lost about 40 per cent of its value against the dollar this year. (Shutterstock)
August 29th, 2018 - 11:49 GMT

Borrowing Limits Doubled for Banks in Turkey

The ratings agency said that the downgrades reflect a substantial increase in the risk of a downside scenario, where a further negative shift in investor sentiment could lead to a curtailing of wholesale funding. (Shutterstock)
August 29th, 2018 - 11:42 GMT

Moody's Downgrades 20 Financial Institutions in Turkey

The new development of Al-Sunbula account has increased the total number of winners to 24, and the total amount of prizes to 50,000 KD instead of 30,000 KD.
August 29th, 2018 - 07:40 GMT

Warba Bank Announces Al Sunbula Weekly Draw

During the ceremony.
August 29th, 2018 - 04:59 GMT

Al Ansari Exchange Announces the Fifth Millionaire of ‘Al Ansari Exchange Rewards – Summer Promotion’

The celebration was attended by the bank’s senior management and employees.
August 28th, 2018 - 10:43 GMT

FAB Celebrates Emirati Women’s Day 2018

During the event
August 28th, 2018 - 05:54 GMT

Dubai Islamic Bank Donates Dh5 Million for Kerala Flood Victims

Ahmed Jafar Al Musalmi, Bank Sohar CEO
August 28th, 2018 - 05:35 GMT

Bank Sohar Closes $250 Million 3 Year Syndicated Loan Facility

Abed Hamandi, Regional Director - Professional Services, Middle East and Africa at SAS
August 27th, 2018 - 10:24 GMT

Bank Muscat and SAS Recognised for Best Data Analytics Initiative in the Middle East

Al Hilal Bank
August 27th, 2018 - 06:23 GMT

Al Hilal Bank Announces New Senior Appointments

Bank Representative with Award Officials.
August 26th, 2018 - 09:23 GMT

Bank Sohar Supports 4th Edition of Oman Ambassadors Award for International Students

Moody’s expects profitability for the UAE’s largest lenders to remain stable into 2019, driven by higher net interest income and lower provisions. (Shutterstock)
August 19th, 2018 - 11:17 GMT

Moody's: UAE’s Top Four Banks’ Profits to Remain Stable Into 2019

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