Mustafa Al Khalfawi Outlines Ajman Banks Bold New Digital Vision
Ajman Bank CEO Mustafa Al Khalfawi talks about a bold digital vision powered by AI, Sharia-compliant innovation, and cu... Read more
Wio Bank Deposits Exceed $13.6bn In Under Three Years
Wio Bank offers savings tools, salary-linked benefits, multi-currency accounts, and a range of features through its pla... Read more
UAE To Introduce New Sugar Drink Tax From January 2026
Drinks will be taxed by sugar content under updated GCC-aligned rules The post UAE to introduce new sugar drink tax fro... Read more
DP World To Collaborate With PayPal On Cross-border Digital Payments
Transactions would be executed in minutes rather than taking up to a week, and complete cross-border payments with grea... Read more
Qiddiya To Adopt Deloittes OneTrust And Informatica GRC Solutions
OneTrust platform will help manage privacy, security, and third-party risk; Informatica solutions to facilitate seamles... Read more
UAE Corporate Tax Registrations Surpass 640,000 As FTA Reports Record Compliance Levels
FTA says over 640,000 UAE companies have registered for corporate tax, marking record compliance and growing awareness ... Read more
Saudi Central Bank: QNB Group Wins SAMA Approval For $666m Digital-first Ezbank
QNB Group secures SAMA licence for $666m ezbank, a digital-first bank in Saudi Arabia focused on youth, entrepreneurs a... Read more
UAEs IHC To Invest $1bn In Indias Sammaan Capital, Boosting Mortgage Lending And Financial Inclusion
UAE’s IHC will invest $1bn in India’s Sammaan Capital, a leading NBFC, to expand mortgage lending and AI-driven cre... Read more
Saudi Arabia Extends Tax Fine Cancellation And Penalty Exemption Scheme Until December 2025
Saudi Arabia’s ZATCA extended its “Cancellation of Fines and Exemption from Financial Penalties” initiative until... Read more
GCC Banks Post Strong H1 2025 Results With 13.2% ROE Despite Margin Pressure
GCC banks delivered solid H1 2025 results with 13.2 per cent ROE, stronger asset quality and capital, but face tighter ... Read more
Emirates, Flydubai Sign Digital Payment Deals With Dubai Finance To Boost New Cashless Strategy
Dubai attracted 18.7 million tourists in 2024, with cash-reliant travellers representing the emirate's potential for di... Read more
Saudi Banks Reduce Monthly Deductions By A Significant Rate
Saudi banks have reduced the monthly deduction for loans to 55% for the first time in years. Read more
Visitors To Saudi Arabia Can Now Open Bank Accounts With Official ID
Saudi Central Bank approves Visitor ID for opening bank accounts, expanding access for visitors and supporting digital ... Read more
UAE To Launch Electronic Invoicing System In July 2026 With Phased Rollout To 2027
The UAE Ministry of Finance confirms phased implementation of its electronic invoicing system, starting with a pilot on... Read more
Dubai Joins Worlds Top 4 FinTech Hubs In Global Financial Centres Index
Dubai has been ranked a top four global FinTech hub in the GFCI, with DIFC firms surpassing 1,500 and raising $4.2bn in... Read more