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The UAE merchant acquiring market reached a total payment volume of approximately $150 billion in 2024
Platform introduces AI-led governance that replaces labour-intensive reviews with autonomous, real-time assessments
Newly appointed board will ensure that all transactions adhere strictly to Shariah’s rules and principles
Reinforcing commitment to shareholder value
Bank reported an 11 percent increase in total assets to AED123 billion
Assets under management across the group grew to $50 billion, reflecting the ongoing success of the Bank’s wealth management strategy
Dubai SME facilitated the launch of 3,461 new Emirati businesses, 524 more than in 2023
The issuance garnered the largest order book in Mashreq’s history, with demand surging to $2.9 billion despite elevated market volatility
Primary debt issuances of bonds and sukuk in the GCC region amounted to $51.51 billion through 125 issuances
Investment will support the bank's continued growth, enabling it to meet the rising demand for financial products
New S&P report highlights GCC banks' solid strategies in volatile markets
Late-stage funding drove the overall funding surge, with $760 million raised in Q1 2025
Group plans to enhance Property Monitor’s product suite by incorporating demand-side data
Fund will focus on projects in downstream industries, renewables, health facilities and technology
GCC countries are revamping tax policies to ensure fiscal sustainability, with new corporate taxes and international alignment
Economy Middle East speaks with Emmanuel Givanakis, CEO of ADGM’s FSRA to discuss the critical role of financial services regulation in driving sustainability and fostering innovation in ADGM’s financial ecosystem
Senior vice president and group country manager, GCC, Visa, shares the trends shaping the future of payments in the region
IFC and United Solar Polysilicon will support the development of a $1.6 billion greenfield polysilicon plant in Sohar
The updated decision sets out clear requirements for tax groups to prepare audited financial statements
A singular attack accounted for nearly 85 percent of all the value stolen in the quarter
Demand deposits constituted the largest share, accounting for 48.5 percent or SAR1.47 trillion
The move enhances the company's growth plans to invest in the global gas value chain.
New partnership will allow Mashreq to provide discretionary services, enhancing its wealth management offerings
Business travel in the MENA region rose by 50 percent in Q1 2025 compared to Q1 2024
