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Ajman Bank Wins MEA Finance Banking Technology Awards 2025 for Outstanding Innovation and Digital Excellence in Islamic Banking
Ajman Bank Wins MEA Finance Banking Technology Awards 2025 for Outstanding Innovation and Digital Excellence in Islamic Banking

Web Release

time3 days ago

  • Business
  • Web Release

Ajman Bank Wins MEA Finance Banking Technology Awards 2025 for Outstanding Innovation and Digital Excellence in Islamic Banking

Ajman Bank has been recognised as one of the winners at the prestigious MEA Finance Banking Technology Awards 2025, held on 8 May at the Armani Hotel, Burj Khalifa in Dubai. Now in its fifth year, the awards celebrate excellence in banking innovation and digital transformation across the Middle East and Africa, attracting over 300 senior banking and fintech leaders. Commenting on the achievement, Mr. Mustafa Al Khalfawi, CEO of Ajman Bank, said: 'We are honoured to receive this prestigious award. It is a testament to the strength of our transformation strategy and the dedication of our team. This recognition reflects our customers' trust and our ongoing commitment to providing seamless, secure, and inclusive digital banking experiences. We remain focused on driving innovation in the UAE's financial ecosystem through speed, service, and specialisation.' Organised by MEA Finance Magazine, the awards are widely considered a benchmark for excellence in banking technology. Winners were selected by an expert panel based on criteria including innovation, strategic impact, and execution. The award specifically recognises Ajman Bank's achievement in 'Best Cloud Implementation,' a milestone that has significantly enhanced the overall user experience by delivering faster, more seamless digital services. The adoption of cloud technologies has also opened new, dynamic channels of engagement with customers – redefining convenience, connectivity, and responsiveness in Islamic banking. This accolade further cements Ajman Bank's standing as a digitally agile Islamic bank. The bank's achievements include the successful launch of digital-first services such as instant account opening, fully digital credit card issuance, and collaborations with global fintech and payment platforms. These efforts support the Bank's strategic objectives around financial inclusion, sustainable growth, and the Ajman Vision 2030.

Emirates Islamic Unveils Exclusive Business Banking Diamond Account for High-Value SME Clients
Emirates Islamic Unveils Exclusive Business Banking Diamond Account for High-Value SME Clients

Hi Dubai

time09-05-2025

  • Business
  • Hi Dubai

Emirates Islamic Unveils Exclusive Business Banking Diamond Account for High-Value SME Clients

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its new Business Banking Diamond account. The account is a premium and bespoke offering crafted to deliver a superlative banking experience for the sophisticated financial needs of high-value Small and Medium Enterprises (SMEs) and established businesses. The launch was announced at an exclusive event held recently at the Armani Hotel – Burj Khalifa in Dubai. As a bank actively serving more than 40,000 SMEs - with one in 15 SMEs banking with Emirates Islamic's business banking segment - the new account goes beyond traditional banking to deliver a seamless blend of financial mastery, privileged access and lifestyle elevation. This new account reflects the bank's commitment to excellence and empowering SMEs while contributing to the UAE's thriving business ecosystem. The Business Banking Diamond account offers a comprehensive suite of services and benefits designed to provide unparalleled support and convenience to growing businesses. The new account includes priority access across all Bank channels, a unique metal Visa Signature Debit Card with high withdrawal and POS limits, airport lounge access, car rental discounts globally and much more. Business Banking Diamond customers can also enjoy exclusive banking support with a dedicated Relationship Manager and a Trade & FX advisor as well as preferential pricing on the bank's products and services. Farid AlMulla, Chief Executive Officer of Emirates Islamic, said: "We are delighted to launch the new Business Banking Diamond account, a value proposition that reflects our unwavering commitment to providing innovative and tailored solutions to our valued business clients. We understand the unique challenges faced by high-growth SMEs, and this account is specifically designed to empower them with the tools and support they need to achieve their ambitions." Mohammad Kamran Wajid, Deputy Chief Executive Officer at Emirates Islamic, said: "With the launch of the Business Banking Diamond account, Emirates Islamic is setting a new standard of bespoke business banking services in the UAE. Designed to meet the evolving needs of high-growth enterprises, this proposition combines personalised relationship management with a suite of exclusive benefits - assisting our clients to focus on scaling their businesses with confidence.' Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, added: "The Business Banking Diamond account demonstrates our dedication to providing tailored solutions for businesses. Our clients expect more than just traditional banking. They seek a trusted partner who understands their ambitions and lifestyle. The Business Banking Diamond account reflects our vision to deliver relationship driven experiences to navigate the complexities of the modern financial landscape. This launch is testimony to our commitment as a strategic enabler in the SME ecosystem, a vital engine of the UAE economy." Priority and Dedicated Support: • Priority treatment at branches, call center and Business Banking centers • Dedicated Relationship Manager, Trade & FX advisor & Service representative to assist with daily banking needs • Dedicated Call Center • Free Chequebooks • Free WPS Salary Transfer • Up to 20 transactions free in a month at the teller • Cash Management Suite Lifestyle Benefits: • Higher withdrawal & POS limits • Concierge services • Lounge Access • Hospitality Discounts • Exclusive Invitations & experiences • Airport Meet & Greet • Car Rental discounts • E-Sim data bundles Business Assistance and Protection: • Global Assistance • Multi-Trip Insurance • Extended Warranty • Emergency Medical & Travel Assistance News Source: Burson

Emirates Islamic unveils exclusive Business Banking Diamond Account for high-value SME clients - Middle East Business News and Information
Emirates Islamic unveils exclusive Business Banking Diamond Account for high-value SME clients - Middle East Business News and Information

Mid East Info

time08-05-2025

  • Business
  • Mid East Info

Emirates Islamic unveils exclusive Business Banking Diamond Account for high-value SME clients - Middle East Business News and Information

Dubai, UAE, May 2025: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its new Business Banking Diamond account. The account is a premium and bespoke offering crafted to deliver a superlative banking experience for the sophisticated financial needs of high-value Small and Medium Enterprises (SMEs) and established businesses. The launch was announced at an exclusive event held recently at the Armani Hotel – Burj Khalifa in Dubai. As a bank actively serving more than 40,000 SMEs – with one in 15 SMEs banking with Emirates Islamic's business banking segment – the new account goes beyond traditional banking to deliver a seamless blend of financial mastery, privileged access and lifestyle elevation. This new account reflects the bank's commitment to excellence and empowering SMEs while contributing to the UAE's thriving business ecosystem. The Business Banking Diamond account offers a comprehensive suite of services and benefits designed to provide unparalleled support and convenience to growing businesses. The new account includes priority access across all Bank channels, a unique metal Visa Signature Debit Card with high withdrawal and POS limits, airport lounge access, car rental discounts globally and much more. Business Banking Diamond customers can also enjoy exclusive banking support with a dedicated Relationship Manager and a Trade & FX advisor as well as preferential pricing on the bank's products and services. Farid AlMulla, Chief Executive Officer of Emirates Islamic, said: 'We are delighted to launch the new Business Banking Diamond account, a value proposition that reflects our unwavering commitment to providing innovative and tailored solutions to our valued business clients. We understand the unique challenges faced by high-growth SMEs, and this account is specifically designed to empower them with the tools and support they need to achieve their ambitions.' Mohammad Kamran Wajid, Deputy Chief Executive Officer at Emirates Islamic, said: 'With the launch of the Business Banking Diamond account, Emirates Islamic is setting a new standard of bespoke business banking services in the UAE. Designed to meet the evolving needs of high-growth enterprises, this proposition combines personalised relationship management with a suite of exclusive benefits – assisting our clients to focus on scaling their businesses with confidence.' Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, added: 'The Business Banking Diamond account demonstrates our dedication to providing tailored solutions for businesses. Our clients expect more than just traditional banking. They seek a trusted partner who understands their ambitions and lifestyle. The Business Banking Diamond account reflects our vision to deliver relationship driven experiences to navigate the complexities of the modern financial landscape. This launch is testimony to our commitment as a strategic enabler in the SME ecosystem, a vital engine of the UAE economy.' Additional information on features and benefits: Priority and Dedicated Support: • Priority treatment at branches, call center and Business Banking centers • Dedicated Relationship Manager, Trade & FX advisor & Service representative to assist with daily banking needs • Dedicated Call Center • Free Chequebooks • Free WPS Salary Transfer • Up to 20 transactions free in a month at the teller • Cash Management Suite Lifestyle Benefits: Visa Signature Debit Card (Metal Card) • Higher withdrawal & POS limits • Concierge services • Lounge Access • Hospitality Discounts • Exclusive Invitations & experiences • Airport Meet & Greet • Car Rental discounts • E-Sim data bundles Business Assistance and Protection: • Global Assistance • Multi-Trip Insurance • Extended Warranty • Emergency Medical & Travel Assistance About Emirates Islamic: Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major player in the highly competitive financial services sector in the UAE. Emirates Islamic offers a comprehensive range of Shariah-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 40 branches and 229 ATMs/CDMs across the UAE. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first Islamic bank in the UAE to launch a mobile banking app and offer Apple Pay, as well as being the first Islamic bank in the world to launch Chat Banking services for customers via WhatsApp. Emirates Islamic has consistently received local and international awards, in recognition of its strong record of performance and innovation in banking. Emirates Islamic was recognized as 'Best Overall Islamic Bank' and 'Most Innovative Islamic Bank' at the Islamic Finance News Awards 2024. The Bank was also named the 'Most Innovative Islamic Bank' at the prestigious Euromoney Islamic Finance Awards 2024. As part of its commitment to the UAE community, the Emirates Islamic Charity Fund provides financial aid to those in need, with a focus on food, shelter, health, education and social welfare contributions.

Diriyah Launches "Armani Residences" with Italian Flair
Diriyah Launches "Armani Residences" with Italian Flair

Leaders

time12-03-2025

  • Business
  • Leaders

Diriyah Launches "Armani Residences" with Italian Flair

Diriyah Company announced the launch of 15 ultra-luxury homes, marking the debut of Armani Residences Diriyah in Saudi Arabia. The project, revealed at the MIPIM 2025 World Urban Festival in Cannes, France, positions Diriyah as a global cultural and tourism hub by 2030. Panoramic Views and Signature Designs Located near the upcoming Armani Hotel, the residences offer panoramic views of Diriyah's Boulevard, gardens, and luxury shopping district. Each unit features interiors personally designed by renowned Italian designer Giorgio Armani, blending Italian sophistication with Najdi heritage. The homes draw inspiration from Najdi culture, offering three distinct designs: Nakheel Villas, Garden Villas, and The Royal Penthouse. Ranging from 1,200 to 1,900 square meters, each residence includes three ensuite bedrooms, a library, a luxury dining area, and a lounge. Expansive outdoor spaces feature private pools and open seating areas. Interiors showcase furniture from Armani Casa, kitchens by Armani Dada, and bespoke bathrooms from Armani/Roca. Additional perks include private elevators, reception areas, and underground parking. Jerry Inzerillo, CEO of Diriyah Company, stated, 'We're proud to bring Armani's timeless elegance to Saudi Arabia. These residences blend Armani's style with Najdi heritage, creating unparalleled living experiences. Diriyah will become a top global destination for luxury lifestyles, surrounded by high-end retail and dining.' Diriyah's Growing Portfolio of Branded Residences The Armani Residences join Diriyah's existing luxury brands, including Baccarat, Corinthia, Raffles, and The Ritz-Carlton Residences. Together, they offer over 300 branded luxury units, reinforcing Diriyah's status as a premium living destination. Diriyah Company plans further partnerships with Armani to enhance dining, shopping, and quality of life in the area. These efforts align with its strategy to expand luxury hospitality and residential projects, solidifying Diriyah's role in Saudi Arabia's Vision 2030. Short link : Post Views: 18

OMODA & JAECOO officially launched in the UAE, redefining automotive experiences with innovation and customer-centric excellence
OMODA & JAECOO officially launched in the UAE, redefining automotive experiences with innovation and customer-centric excellence

Zawya

time26-02-2025

  • Automotive
  • Zawya

OMODA & JAECOO officially launched in the UAE, redefining automotive experiences with innovation and customer-centric excellence

A customer-first approach: The brand is designed for modern consumers seeking innovation, sustainability, and cutting-edge automotive technology. Three flagship models—OMODA C5, JAECOO J7, and JAECOO J8—are unveiled, offering AI-driven connectivity, luxury, and off-road mastery. Dubai, United Arab Emirates: OMODA & JAECOO, the innovative automobile brand dedicated to pioneering the future of travel, was officially launched in the UAE to serve the entire Middle East region, marking a new era of intelligent mobility that places customer value and lifestyle integration at the heart of the automotive experience. The exclusive event at Armani Hotel Dubai brought together over 300 distinguished guests, including high-profile figures from the public and private sectors, as well as media representatives and social media influencers. The brand unveiled its vision for the future, emphasizing innovation, sustainability, and a reimagined approach to mobility that goes beyond traditional vehicles. A Brand That Goes Beyond Cars – Creating Value and Fulfilling Market Needs OMODA & JAECOO enters the UAE not just to sell cars, but to fulfill an unmet need in the market for intelligent, stylish, and lifestyle-driven mobility solutions. Designed for customers who seek seamless technology, sustainability, and adventure, the brand combines cutting-edge design, AI-powered intelligence, and performance-driven engineering to deliver a truly futuristic experience. Shawn Xu, CEO of OMODA & JAECOO Automobile International, said: 'The UAE represents a key milestone in our global expansion—not just as a regional market, but as a hub for innovation and progressive mobility. OMODA & JAECOO is not just about manufacturing cars; we are creating value, shaping lifestyles, and redefining what it means to own and drive a vehicle. Our vision is to put the customer at the center of everything we do, ensuring that every journey is not just about transportation, but about experience, emotion, and connection to a future-driven world.' Designing the Future of Mobility At the heart of OMODA & JAECOO's philosophy is progressive design and intelligent innovation. The brand's futuristic approach is led by Peter Matkin, Chief Engineer of JAECOO who commented: 'Our mission is to push the boundaries of automotive design, creating vehicles that resonate with modern lifestyles. OMODA's sleek, futuristic styling and JAECOO's rugged elegance embody a balance of art and engineering, offering customers a fusion of technology, luxury, and adventure.' The Three Flagship Models Introduced in the UAE The grand launch event witnessed the debut of three groundbreaking models, each tailored to distinct customer lifestyles: OMODA C5: The Intelligent Futuristic SUV AI-powered connectivity and next-gen intelligent cockpit Aerodynamic, futuristic design with sleek, dynamic styling Advanced driver assistance systems (ADAS) ensuring maximum safety Efficient turbocharged engine, delivering high performance with reduced emissions JAECOO J7: The Sophisticated Urban SUV minimalist interior with premium materials and tech integration Adaptive AWD system, offering precision handling for both city and adventure drives AI-powered infotainment system with voice Eco-friendly powertrain options, emphasizing sustainability and efficiency JAECOO J8: The Ultimate Off-Road Performer High-ground clearance and all-terrain capability for rugged exploration Robust turbocharged engine designed for power and endurance Intelligent off-road driving modes, adjusting to various terrains seamlessly Luxury-meets-adventure interior, combining rugged durability with premium comfort A Journey of Innovation and Commitment to the UAE With a presence in 34 global markets, OMODA & JAECOO is one of the fastest-growing automotive brands worldwide. Its rapid expansion is backed by Chery, the largest Chinese automotive manufacturer, and is driven by a commitment to intelligent, sustainable, and customer-centric mobility. To ensure seamless service, logistics, and after-sales support, OMODA & JAECOO has invested in a 12,000 sqm spare parts distribution center in JAFZA, the largest Chinese automotive parts hub in the Middle East. Additionally, a strategic partnership with Maersk ensures 100% spare parts availability and fast delivery within 24 to 48 hours, reinforcing the brand's dedication to an unparalleled ownership experience.

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