International Payments - Page 2
133 articles
Ben Dawood secures sharia-compliant funding for major food sector deal
Ben Dawood Holding has obtained a one-year sharia-compliant revolving credit facility worth SAR 217.8 million to finance its acquisition of a 51 percent stake in Faza Food. The deal involves no bank guarantees and signals a strategic move in Saudi retail.
Emirates NBD Egypt named official bank for Gouna Film Festival
Emirates NBD Egypt will serve as the official banking partner for the ninth Gouna Film Festival, marking a direct push to link financial services with Egypt's creative sector.
Emirates NBD Egypt puts banking on the creative stage
Emirates NBD Egypt is moving into the creative sector by joining the Gouna Film Festival as its official banking partner. The bank wants to connect with new audiences and link banking with culture.
Egypt and Afreximbank target new investment routes into Africa
Egypt is moving to deepen its investment and export links with Africa, as Afreximbank-backed talks open new channels for small businesses and manufacturers seeking access to continental markets.
Egyptian Agricultural Bank launches 10 percent cashback for online card payments
Egypt's Agricultural Bank is offering a 10 percent cashback on online purchases made with its credit cards, up to a maximum of 5,000 EGP. The move aims to drive digital payment adoption and reward cardholders for electronic spending.
Emirates NBD backs major Dubai aircraft maintenance hub
A new Emirates NBD loan will fund one of the Middle East's largest independent aircraft maintenance facilities in Dubai, aiming to boost local aviation infrastructure and support the city's ambitions as a global air hub
Emirates NBD Egypt offers personal loans up to EGP 5 million
Emirates NBD Egypt now lets customers borrow up to EGP 5 million with repayment terms as long as 12 years. The loan targets those who need large sums and want flexible payment, insurance, and early settlement options.
Courier fraud targets gold buyers as banks tighten payment rules
A surge in courier fraud is forcing gold dealers and buyers to navigate stricter bank controls and legal risks as scammers exploit trust in precious metals transactions for high-value thefts
Egypt's Largest Bank Warns Customers About Fake Investment Platforms
Egypt's National Bank is urging customers to avoid fraudulent investment platforms that promise quick profits but use deceptive tactics to steal funds. The warning highlights the risks of trusting unverified online schemes targeting personal savings.
Emirates NBD and H&H Development test new Dubai mortgage model
Emirates NBD and H&H Development are piloting a mortgage for Dubai off-plan buyers, letting them borrow once half the property is paid. The scheme could roll out to more projects if it works.
Mashreq and Alshaya roll out Mastercard rewards cards in UAE
Mashreq Bank and Alshaya Group have teamed up with Mastercard to launch three new credit cards in the UAE, offering up to 25 percent discounts and 12 percent rewards for spending at major retail and dining brands
Emirates NBD Egypt rolls out major healthcare discounts for Signature clients
Signature customers at Emirates NBD Egypt can now get up to 50 percent off a wide range of medical services at four Alameda Group hospitals in Greater Cairo. The offer runs through the end of 2026.
HSBC to Exit Egyptian Retail Banking as Emirates NBD Strikes Acquisition Deal
HSBC has agreed to sell its entire Egyptian retail banking business to Emirates NBD Egypt, with the transaction expected to close in the second half of 2027 pending regulatory approval. Customers and staff face no immediate changes as the transition begins.
Egyptian banks roll out doctor-focused loans up to 3 million EGP
Ten Egyptian banks are offering new loans for doctors, with amounts up to 3 million EGP and long repayment terms. These programs target personal needs, equipment purchases, and clinic upgrades, changing how banks lend to professionals in Egypt.
Legal Challenge Targets Bank Fees for Al Ahly Club Card Closures
A formal legal notice has been served to Bank Audi Abu Dhabi Egypt and Al Ahly Sporting Club, demanding full disclosure of the legal and contractual basis for fees imposed on members closing their club-linked bank cards
Emirates NBD Egypt puts creative sector in focus as Gouna Film Festival sponsor
Emirates NBD Egypt is now the official banking sponsor of the Gouna Film Festival. The move links financial services with Egypt's creative and cultural scene.
Abu Dhabi First Bank Egypt rolls out new funds for savers
Abu Dhabi First Bank Egypt has launched four investment funds, including daily liquidity and Sharia-compliant choices. Savers now have more ways to manage risk and returns as Egypt's financial sector shifts.
Egyptian banks pushed to adapt as AI and instant payments reshape the market
Egypt's banks are racing to keep up as instant payment apps and digital identity tools change how people use financial services and demand more speed and security.
Abu Dhabi Investment Arm Backs $2.34 Billion Slate Grocery REIT Buyout
A unit of Abu Dhabi Investment Authority is joining a $2.34 billion deal for Slate Grocery REIT, moving 115 US grocery-anchored shopping centers into new hands and drawing global attention to American retail property.
UAE and India set $200 billion trade target by 2032
The UAE and India are pushing to double their trade to $200 billion by 2032, with new investment projects, financial links, and digital payment initiatives aiming to transform cross-border business and currency flows.
Abu Dhabi First Bank targets Asia trade with Singapore summit
Abu Dhabi First Bank wrapped up its third Middle East Asia Summit in Singapore, where capital flows and technology took center stage in talks about reshaping trade and investment between the two regions.
Emirates NBD pushes Swiss franc green bonds in funding shake-up
Emirates NBD is pitching Swiss franc green bonds, hinting at a new direction in sustainable funding and currency strategy for one of the UAE's top banks.
Emirates NBD wins UAE's top sustainability award for second year
Emirates NBD has clinched the UAE's highest federal sustainability honor for the second year in a row, showing real progress in responsible banking and climate action.
Bank fraud trial in Egypt pushed to November as court eyes settlements
A sweeping Egyptian bank fraud case with 34 defendants and three banks is on hold until November. The court is giving time for possible settlements in a scheme involving forged documents and over EGP 1.8 million in fraudulent loans.
Emirates NBD Egypt puts banking into daily life
Emirates NBD Egypt is weaving its services into customers' routines, aiming for loyalty through hands-on partnerships and real experiences-not just marketing.
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