UAE, 20 July, 2026: Network International (Network), a leading fintech company across the Middle East and Africa, has extended acceptance of ‘Jaywan’ — the UAE’s Domestic Card Scheme — to online payments, enabling cardholders to use Jaywan across Network’s e-commerce merchant network.
Jaywan is the domestic card scheme, launched by Al Etihad Payments, a subsidiary of the Central Bank of the UAE in line with the UAE’s digital transformation strategy to drive innovation, digitization and global interoperability and to reinforce the country’s position as a leading global hub for digital payments.
Malabar Group Vice Chairman Abdul Salam K.P Recognised with the JAS Global Jewellery Retail Leadership Award at JEA 2026
Mr. Abdul Salam K.P, Vice Chairman of Malabar Group, has been honoured with the prestigious Jewellery Association Show (JAS) Global Jewellery Retail Leadership Award by Shri Anurag Singh Thakur, Member of Parliament and former Union Minister, in the presence of leading industry stakeholders, business leaders, and members of the jewellery fraternityat the Jewellery Eminence Awards (JEA) 2026 in Jaipur. The award recognizes his outstanding leadership and significant contributions to the growth and transformation of the global jewellery retail industry.
Mr. Abdul Salam K.P, Vice Chairman of Malabar Group, has been honoured with the prestigious Jewellery Association Show (JAS) Global Jewellery Retail Leadership Award by Shri Anurag Singh Thakur, Member of Parliament and former Union Minister, in the presence of leading industry stakeholders, business leaders, and members of the jewellery fraternity at the Jewellery Eminence Awards (JEA) 2026 in Jaipur
The JAS Global Jewellery Retail Leadership Award is regarded as one of the industry’s distinguished recognitions, honouring visionary leaders who have demonstrated exceptional excellence in retail strategy, business innovation, customer experience, and global brand building.
Fitch Assigns Invest Bank its Inaugural Long-Term Issuer Default Rating of ‘BBB+’ with Stable Outlook
Therating action by Fitch marks an important milestone in the Bank’s strategic transformation and substantiatesits strengthening financial fundamentals, disciplined execution and confidence in its long-term direction.
Sharjah, UAE — 20 July 2026 — Invest Bank (INB) today announced that Fitch Ratings has assigned Invest Bank P.S.C. (INB) a Long-Term Issuer Default Rating (IDR) of ‘BBB+’ with a Stable Outlook and Government Support Rating (GSR)of ‘bbb+’, marking the Bank’s IDR at investment-grade.
The rating represents an important milestone in the Bank’s ongoing transformation and provides independent recognition of the progress achieved in strengthening its financial profile, rebuilding its franchise and positioning the Bank for sustainable long-term growth.
Joyalukkas Lifestyle Developers Unveils Gold Tower Thrissur — Kerala’s Tallest Residential Tower Sets a New Benchmark for Luxury Living
Thrissur, Kerala | July 2026 — Joyalukkas Lifestyle Developers officially unveiled Gold Tower Thrissur, Kerala’s tallest residential tower, at an exclusive launch event held on 16 July 2026 at Hyatt Regency, Thrissur. The landmark project, which will rise 50 storeys and approximately 190 metres above road level, marks a defining milestone in Kerala’s luxury real estate landscape and reinforces the company’s vision of creating iconic residential destinations that rival the world’s finest developments.
The new debit card combines secure everyday banking with the convenience of digital payments under the UAE’s national card scheme.
Abu Dhabi, UAE, 20July2026:First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, is launching theJaywan Debit Card, issued under the UAE’s national card scheme, managed by Al Etihad Payments, and backed by the Central Bank of the UAE (CBUAE). The card is currently available for domestic use as part of the national roll-out of Jaywan.
The Jaywan Debit Card offers customers a secure, reliable,and efficient way to make everyday payments and access cash nationwide. Combining the trust of a nationally issued payment solution with the convenience of modern banking, the card enables transactions across local merchant outlets, supports domestic online payments on UAE-based platforms, and provides cash withdrawals at ATMs across the UAE.
The Jaywan Debit Card is fully integrated with FAB’s digital banking ecosystem, enabling customers to manage their finances through the FAB Mobile app. Customers can access a range of services, including transaction monitoring, account management and digital servicing tools, throughasimple and seamless user experience.
UAE News 24/7 