Recent Posts

FAB, Magnati collaborate with Geidea to accelerate digital payments in Saudi

ABU DHABI / WAM First Abu Dhabi Bank (FAB) and Magnati have joined forces in a strategic alliance with Geidea, Saudi Arabia’s largest fintech company, to provide digital payment acceptance services for businesses in the Kingdom. The collaboration has the potential to be transformative in the Saudi payments space and is set to create exceptional value for clients, bridging the ...

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Al Asoomi: UAE’s COP28 hosting  testament to world’s recognition of its role in climate action 

CAIRO / WAM Adel bin Abdul Rahman Al Asoomi, President of the Arab Parliament, said the hosting of the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) is a testament to the world’s recognition of its role, global leadership and relentless efforts to preserve a safe and sound international environment and work ...

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ERC, DIB to provide homes to flood victims in Pakistan

ABU DHABI / WAM The Emirates Red Crescent (ERC) and the Dubai Islamic Bank (DIB) have signed a collaborative agreement to construct homes for those affected by the floods that hit Sindh Province in Pakistan. As per the agreement, the bank will allocate AED5 million to fund the construction of homes, while the ERC will oversee the project. The agreement ...

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