Visa, a world leader in digital payments, has announced an enhanced version of A2A Protect, delivering real-time risk insights that help banks stop account-to-account fraud before money leaves customer accounts.
Benefit, Bahrain’s leader in Fintech and electronic financial transactions, recorded 261.2 million transactions across the Electronic Fund Transfer System (EFTS)in the first half (H1) of 2026.
The global economy has proved more resilient than expected in the face of the energy supply shock triggered by the conflict in the Gulf, with global growth for 2026 holding at around 3%, International Monetary Fund Managing Director Kristalina Georgieva said.
BENEFIT, a leading fintech company in Bahrain, has announced that it had processed 261.2 million transactions through the Electronic Fund Transfer System (EFTS) in the first half of 2026, up 7.6% when compared to last year, with the total value surging by 6.1% to BD19.3 billion ($51.2 billion).
Risks to some issuer ratings in Gulf Cooperation Council (GCC) states could increase under a hypothetical scenario in which traffic through the Strait of Hormuz is disrupted through most of 2027, Fitch Ratings says in a new report.
Sohar International and National Bank of Oman (NBO) have agreed a $720 million syndicated refinancing facility for Phoenix Power Company SAOG (PPC), following the 15-year extension of its Power Purchase Agreement (PPA) with Oman Power and Water Procurement Company (OPWP).
The number of new economic licences issued to Emirati businesswomen in Abu Dhabi rose 6.4% in the first half of 2026, highlighting the growing role of women entrepreneurs in the emirate’s economy.
ADX-listed Alpha Dhabi Holding (Alpha Dhabi), one of the fastest-growing investment holding companies in the MENA region, has increased its investment in its private credit joint venture, MICAD Credit JV, managed by Mubadala Capital, the global alternative asset manager.
The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt affirmed their full and continuous cooperation and coordination regarding the continued normal operation of all activities of Banque Misr branches in the UAE.
Abu Dhabi Islamic Bank (ADIB), Marriott Bonvoy and Visa have launched two co-branded credit cards in the UAE, targeting travellers seeking rewards and premium lifestyle benefits.
