Saudi BNPL fintech Tabby raises $160m Series E, IPO plans reportedly underway
Tabby, a buy now, pay later fintech based in Saudi Arabia, has raised $160 million in a Series E funding…
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Al Rayan Bank selects Finastra to upgrade its core banking solution for enhanced Islamic finance services in Qatar
Finastra, a global provider of financial software applications and marketplaces, today announced it has been selected by Al Rayan Bank,…
KIB Group achieved profit of $75mln for the year 2024
The Chairman of Kuwait International Bank , Sheikh Mohammed Jarrah Al-Sabah, announced the Bank’s financial results for the year ended…
Shuaa Capital secures binding subscription commitments for MCB
Dubai-listed Shuaa Capital has received binding commitments from three entities for the subscription of its mandatory convertible bond (MCB) valued…
Aument Capital Group Secures In-Principle Approval from FSRA
Aument Capital, a next-generationmulti-family office redefining wealth management for global entrepreneurs andhigh-net-worth families, has achieved a significant milestone by securingin-principle…
Deloitte strengthens presence in Saudi Arabia, launches AI services
Professional services firm Deloitte is scaling up its investment in Saudi Arabia, reinforcing its long-standing national presence with new initiatives.…
QSE index closes 0.43 higher
Qatar Stock Exchange (QSE) closed its trading session on Monday, up by 45.47 points, or 0.43 percent, to close at…
Al Salam Bank Net Profit Grows by 40% to Record Levels
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) achieved record profitability with net profit…
Bank Nizwa launches tailored priority banking services, enriching banking experiences for high-net-worth clientele
Reaffirming its dedication to delivering unparalleled Sharia-compliant financial solutions to high-net-worth individuals, Bank Nizwa, the leading and most trusted Islamic…
Banque du Caire leads $75mln consortium to finance Cheiron Egypt Delta’s gas field development
A banking consortium led by Banque du Caire, alongside Arab International Bank, Al Baraka Bank Egypt, and saib Bank, has…
Foreign asset surplus in Egypt’s banking sector reaches $5.2bln in 2024
The Central Bank of Egypt reported that the net foreign assets of the Egyptian banking sector recorded a surplus of…
Capital Haus acquires ‘Grow Your Wealth’ in major expansion move
Capital Haus has announced its strategic acquisition of Grow Your Wealth, a specialist in investment advisory, retirement savings, and taxation…