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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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Dr.Yahya Alyahya
November 10th, 2015 - 08:21 GMT

Gulf international bank reports a nine month profit of $64.7 million

National Bank of Kuwait
November 10th, 2015 - 07:27 GMT

Fitch affirms NBK’s long term ratings at AA-, outlook stable

Al Bawaba
November 9th, 2015 - 02:30 GMT

Pass financial compliance bills or risk international blacklist: Lebanon's SIC

Al Bawaba
November 9th, 2015 - 11:00 GMT

Egypt's stock market slides in the wake of Russian plane crash

Dubai Gold & Commodities Exchange
November 9th, 2015 - 08:31 GMT

DGCX reports a 30% increase in metal trades in October 2015

Abu Dhabi management team
November 9th, 2015 - 07:43 GMT

GIB inaugurates a branch in Abu Dhabi

Al Bawaba
November 8th, 2015 - 01:00 GMT

Lebanon receives additional $26.8M EU grant

Keeping levels of diligence high can keep regional banks competitive and accessible to international finance systems. (Shutterstock)
November 8th, 2015 - 10:00 GMT

MENA businesses expect higher spending to fight financial crime: EY

The US accuses China-based Adel Mohammed Cherri and his company of procuring deadly equipment for Hezbollah. (Wikimedia Commons)
November 8th, 2015 - 05:00 GMT

Lebanese businessmen placed on US sanctions list for alleged Hezbollah links

The DFSA's charges were reduced after ABN reacted quickly to the settle the charges. (Shutterstock)
November 5th, 2015 - 08:12 GMT

ABN Amro hit with $1.3M fine over lax money-laundering safeguards in Dubai

Al Bawaba
November 4th, 2015 - 02:00 GMT

Jordan's $1.5B eurobonds issue garners huge demand in New York

Al Bawaba
November 4th, 2015 - 09:49 GMT

Emirates NBD claims triple win at prestigious Asian Banker awards

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