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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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The central bank said that, 85 per cent of those debts are owed to local banks, while the remaining 15 per cent are owed to financial facilities companies. (Shutterstock)
July 23rd, 2018 - 09:18 GMT

Kuwait Banks Burdened with $1.8 Billion Bad Debts for Laid off Expats

HSBC and Credit Suisse were selected based on their expertise and credentials in the investment banking industry. (Shutterstock)
July 23rd, 2018 - 09:04 GMT

HSBC,Credit Suisse Evaluates KFH Potential Merger with AUB

Rohit Garg, Head of Business Banking, Mashreq Bank
July 23rd, 2018 - 09:00 GMT

Mashreq Launches Cashback Campaign for Business Banking

The findings also highlighted that a number of businesses have choosen to outsource their VAT projects which have resulted in an additional cost to the business.
July 23rd, 2018 - 08:30 GMT

'VAT Is Here to Stay, so Businesses Should Use It as an Opportunity' States ACCA and Thomson Reuters

During the meeting, the Board discussed various items on the agenda, made numerous decisions and approved both the financial statements and the 2017 annual report.
July 23rd, 2018 - 07:23 GMT

Emirates Development Bank Board of Directors Approves 2017 Annual Report and Reviews the Main Achievements of H1 of 2018

During the event
July 22nd, 2018 - 05:47 GMT

Dubai Islamic Bank and Emirates Skywards Soar to New Heights Launching Co-Branded Credit Cards

The signing ceremony was attended by Ms. Dalal AlQais, General Manager of Retail Banking of BisB and Ms. Shahnaz Al Qaseer, Chief Operating Officer of Dadabhai Travel.
July 22nd, 2018 - 05:17 GMT

Bahrain Islamic Bank Secures a Partnership Deal With Dadabhai Travel

Boursa Kuwait CEO, Mr. Khaled AbdulRazzaq Al Khaled
July 22nd, 2018 - 05:05 GMT

Boursa Kuwait Awarded Full Membership at the Federation of Euro–Asian Stock Exchanges

Mr.Omar Kutayba Alghanim, Gulf Bank’s Chairman
July 22nd, 2018 - 04:45 GMT

Gulf Bank Records an Increase of 18 Percent in Net Profit for the First Half of 2018

The agreement was signed by Jasim Al Ali, CEO, Real Estate Group at FAB and Khalfan Mohamed Al Mazrouei, Managing Director of Special Olympics World Games Abu Dhabi 2019.
July 19th, 2018 - 11:24 GMT

FAB Announced as Official Partner of the Special Olympics World Games Abu Dhabi 2019

Mastercard experts at the Summit shed light on the significance of a ‘Public-Private-People (3P)’ model and data analytics as key enablers of the technologies that will open doors to the cities of the future.
July 19th, 2018 - 05:58 GMT

Mastercard: Smart Cities Hold the Key to a More Connected and Inclusive Future for Middle East and Africa

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
July 19th, 2018 - 05:18 GMT

Burgan Bank Announces Strong Second Quarter Delivering a Solid First Half

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