Transfer

Finance & Capital Market

BENEFIT's transaction value for H1 surges 6.1pc to $51.2bn

Tue, 01 Sep 2026

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).

Finance & Capital Market

UAE denies media reports on transfer of funds to Iran

Sun, 14 Jun 2026

The United Arab Emirates has categorically denied reports published by certain international media outlets alleging the transfer of funds from the UAE to Iran, including allegations concerning $3 billion.