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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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Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match
February 12th, 2023 - 07:44 GMT

Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance
February 10th, 2023 - 07:03 GMT

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance

Ajman Bank Reports Net Profit of AED 162.1 Million  in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)
February 9th, 2023 - 07:58 GMT

Ajman Bank Reports Net Profit of AED 162.1 Million in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
February 9th, 2023 - 07:14 GMT

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution

Al Salam Bank Announces Financial Results for 2022
February 9th, 2023 - 06:59 GMT

Al Salam Bank Announces Financial Results for 2022

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem
February 9th, 2023 - 07:33 GMT

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem

KPMG launches Centre of Excellence for Metaverse
February 9th, 2023 - 07:25 GMT

KPMG launches Centre of Excellence for Metaverse

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk
February 9th, 2023 - 07:06 GMT

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk

Burgan Bank Reports Net Income of KD 52.1 million for FY 2022
February 8th, 2023 - 12:48 GMT

Burgan Bank Reports Net Income of KD 52.1 million for FY 2022

Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022
February 7th, 2023 - 02:40 GMT

Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress
February 7th, 2023 - 02:05 GMT

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech
February 7th, 2023 - 11:17 GMT

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech

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