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Telr and Bank AlJazira Partner to Advance Digital Payments in Saudi Arabia
Telr has partnered with Bank AlJazira to enhance digital payment solutions for its merchants, supporting Saudi Arabia’s push toward a…
Basata raises equity in Jordan’s Madfoatcom to expand regional business
Egypt-based fintech Basata Holding for Financial Payments has reinforced its position in Jordan by acquiring an additional stake in MadfoatCom,…
MUFG appoints Zaeem Khan as general manager and head of Doha office
MUFG has announced the appointment of Zaeem Khan as General Manager and Head of Doha office, Qatar. Zaeem succeeds Mamoru…
Islamic treasury sukuk auction for February 2025 attracts bids worth AED 7.1bln
A Yield to Maturity (YTM) of 4.18% on reopening of the August 2028 maturity bond and 4.21% on the reopening…
Ajman’s Business Boom: EDB Connect showcases record growth and innovation
Emirates Development Bank , the key financial engine of UAE economic development and industrial advancement, hosted the seventh edition of…
Development Bank portfolio reaches 509 educational loans totaling RO18.8mln by end of 2024
Development Bank had 509 active educational loans in its portfolio, totaling approximately RO18.8 million by the end of 2024. Backing…
Bank of Bahrain and Kuwait partners with JP Morgan Chase
Bank of Bahrain and Kuwait has announced a partnership with JP Morgan Chase Bank to modernise cross-border payments using AI.…
XS Appoints Stelios Pallis As Chief Technology Officer
XS .com has proudly announced the appointment of Stelios Pallis as its new Chief technology Officer (CTO), underscoring the company's…
Central Bank of Bahrain grants Financing Company license to L2O B.S.C. (c)
The Central Bank of Bahrain has granted “L2O B.S.C. (c)” a Financing Company license to operate in the Kingdom of…
CIB Successfully Closes EGP 7Bn Sukuk Issuance For Tasaheel
The Commercial International bank has successfully completed an EGP 7bn non-sovereign Sukuk issuance for“Tasaheel” for Finance, through Alkan Securities. It…
ADIB becomes the first bank in the UAE to launch a banking experience on Apple Vision Pro as part of its 2035 vision
Abu Dhabi Islamic Bank has launched Spatial Banking on Apple Vision Pro, marking a significant step in the bank’s journey…