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Banking and Finance

Banking and Finance latest

KamelPay launches AbsoluteCard powered by Mastercard, bringing real-time corporate spend management to UAE businesses
July 17th, 2026 - 04:18 GMT

KamelPay launches AbsoluteCard powered by Mastercard, bringing real-time corporate spend management to UAE businesses

KamelPay, the UAE-based fintech reshaping payroll and corporate payments across the GCC, has officially launched AbsoluteCard, a corporate payments management platform and corporate cards powered by Mastercard, issued by Mawarid Finance. The platform brings together a web portal, mobile app, instant virtual IBANs and Mastercard corporate cards into a single ecosystem that gives businesses real-time control over how they spend, manage and move money. The launch follows the formalisation of KamelPay's collaboration with Mastercard, when Gina Petersen-Skyrme, Country Manager, UAE and Oman at Mastercard, and Ehsan Rahman, Co-founder and CEO ...
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Al Bawaba
March 17th, 2015 - 07:52 GMT

Oil crash, tax hike: Kuwait and IMF discuss 'sensitive' corporate tax

Al Bawaba
March 16th, 2015 - 06:33 GMT

A reality check: how are Egyptian, GCC stocks faring after the economic summit?

Kuwait, Saudi Arabia and the United Arab Emirates each offered $4 billion to Egypt.
March 16th, 2015 - 02:04 GMT

That was quick: promised Gulf funds to arrive to Egypt 'within days'

Nasser arrives at Mashreq offices in Internet City
March 16th, 2015 - 10:12 GMT

Mashreq supports Emirati staff in walkathon from Abu Dhabi to Dubai

Doha Bank CEO receiving the award
March 16th, 2015 - 06:35 GMT

Doha Bank CEO honoured with NRI Foundation Excellence award

Egypt has also signed Memorandums of Understanding (MOUs) for potential deals worth $92 billion at the conference, according to Salman.
March 16th, 2015 - 04:55 GMT

Time to count: how much did Egypt walk away with from the Economic Summit?

Burgan Bank
March 15th, 2015 - 11:46 GMT

Burgan Bank announces its Annual General Assembly of Shareholders and Shafafiyah Forum to be held on 22 March

During the event
March 15th, 2015 - 10:32 GMT

Emirates NBD named Best Private Bank in the UAE for Philanthropy and Social Impact Investing by Euromoney

During the event
March 15th, 2015 - 06:28 GMT

Doha Bank hosts conference in Kuwait on Asia-GCC economic cooperation

Al Bawaba
March 14th, 2015 - 09:54 GMT

Ghosts of Mubarak's past: Egypt's economic conference comes with a lot of 'baggage'

Al Bawaba
March 12th, 2015 - 08:28 GMT

What will it take for the UAE to impose a VAT tax?

The lira fell to as low as 2.6462 against the greenback early on Tuesday, just shy of a record low hit last Friday at 2.6475.
March 12th, 2015 - 08:07 GMT

A critical juncture: Erdoğan, Fed concerns crush lira despite central bank efforts

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