banking
- UAE
Al Etihad Payments and UnionPay launch co-badge cards in the UAE
The agreement, signed at UnionPay International’s headquarters in Shanghai, will enable the launch of cards that combine the logos of…
Read More » - Turkiye
UAE’s $51 billion investment commitment to Turkiye faces challenges
The United Arab Emirates’ $51 billion investment pledge to Türkiye, made two years ago in 2023, is facing significant challenges,…
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Turkish Central Bank Issues New 10 and 100 Lira Banknotes with Updated Signatures
The Turkish Central Bank has introduced new 10 and 100 lira banknotes, which officially entered circulation as of Feb. 24,…
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Burgan Bank Partners with Turkish Airlines to Offer Exclusive 15% Discount for Cardholders
In a new effort to elevate customers’ banking experience, Burgan Bank revealed its latest partnership with Turkish Airlines, offering all…
Read More » - Turkiye
Turkiye: Private sector’s foreign debt increases to $173 billion
The Turkish private sector’s outstanding external loans increased to $173.3 billion as of the end of 2024, the country’s Central…
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Norway’s Wealth Fund Makes Record $1.57 Billion Investment in Turkish Companies
Norway’s sovereign wealth fund, valued at nearly $1.75 trillion, invested $1.57 billion in Turkish companies by the end of 2024,…
Read More » - Turkiye
Istanbul Leads Turkiye in Foreign Exchange Deposits with $2.5 Trillion Holdings
Turkish metropolis of Istanbul leads the country in terms of foreign exchange deposit share, according to the Banking Regulation and…
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Turkiye’s Banking and Fintech Sector Emerges as a Global Powerhouse
Türkiye’s banking and financial ecosystem is far more sophisticated than it is often credited for, says Ozan Ozerk, founder of…
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Turkish VakifBank secures $700 Million with its first overseas borrowing transaction of 2025
Türkiye’s second-largest bank, VakifBank, has completed its first overseas borrowing transaction of 2025, securing a 10-year securitization deal worth $700…
Read More » - UAE
Dubai’s Mashreq expands into Oman with tailored financial corporate services to support Vision 2040
The bank aims to nurture resilient entrepreneurial talent and foster a dynamic, knowledge-driven economy Private banking institution Mashreq has officially…
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