UAE, Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, has launched the 2025 ADIB Financial Education Programme (FEP), a strategic initiative designed to empower individuals across all age groups with essential financial knowledge in both Arabic and English. In 2024, the programme engaged over 1000 participants through interactive and tailored […]
Amman, Jordan – Bank of Jordan Group has announced its consolidated financial results for 2024, which were approved by the Central Bank of Jordan. Despite facing challenging economic and geopolitical conditions, the group delivered balanced results across its markets. This success is attributed to the adoption of a comprehensive strategy focused on institutional transformation, investment diversification, […]
Los Angeles, CA & Beirut, Lebanon – March 7, 2025 – Resecurity, a U.S.-based cybersecurity company protecting Fortune 500 companies and government agencies globally, has announced a strategic partnership with the Union of Arab Banks (UAB) to enhance cybersecurity capabilities, fraud prevention, and threat intelligence sharing across the Arab banking and financial sectors. The Union […]
AJIL Financial Services Company, a leading provider of shariah-compliant financial solutions, has partnered with Systems Arabia, a frontrunner in digital transformation and IT services, to implement Temenos Core lending platform. This collaboration will enable AJIL to quickly bring new products and services to the market, adapt to changing regulations and stay ahead of the market, […]
Riyadh, Saudi Arabia: Arab National Bank (anb) has partnered with IBM and ejada to implement IBM Safer Payments to deliver cross-channel fraud protection capabilities to help safeguard and empower its customers, providing greater access to advanced, secure and innovative banking experiences. anb’s adoption of IBM Safer Payments, an AI-driven solution for real-time performance monitoring and fraud prevention, […]
Riyadh, Saudi Arabia – The National Bank of Pakistan (NBP), in collaboration with quickpay organized the distribution of thousands of Iftar boxes to Pakistani expatriates in Jeddah during the holy month of Ramadan. This initiative was part of NBP’s commitment to supporting the Pakistani community in Saudi Arabia, ensuring that those observing Ramadan could break their […]
Riyadh, Saudi Arabia – The National Bank of Pakistan (NBP), in collaboration with Tahweel Al Rajhi organized the distribution of thousands of Iftar boxes to Pakistani expatriates in Riyadh during the holy month of Ramadan. This initiative was part of NBP’s commitment to supporting the Pakistani community in Saudi Arabia, ensuring that those observing Ramadan could break their […]
Riyadh: PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced the successful acquisition of majority stake in PayTabs Egypt, solidifying its commitment to driving digital transformation and financial inclusion across Egypt. This strategic move marks a pivotal milestone for PayTabs as it continues to enhance its market leadership in the Egyptian digital payments landscape. With the […]
Manama, Kingdom of Bahrain – The Central Bank of Bahrain (“CBB”) has introduced new requirements for licensed financial institutions relating to the appointment of board members and senior management. The new rules are issued under one common Module of the CBB Rulebook, replacing the “fit and proper” requirements which were previously included in the “Licensing Requirements”, […]
Riyadh: The Saudi Central Bank (SAMA) licensed “Tamara Finance” company to provide consumer finance and buy-now-pay-later services. The addition brings the number of finance companies licensed and permitted by SAMA to 65 companies. In a press release issued today, SAMA’s focus reflects its keenness to support the finance sector, increase the efficiency of financial transactions, […]