Digital banking drives Saudi Arabia’s financial transformation
The Saudi Central Bank, or SAMA, announced that it has granted no objection to the new digital bank, D360 Bank,…
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Kaspersky study: Companies seek specialized expertise to combat AI cyber threats
As concerns about the use of AI in cyberattacks increase, companies worldwide are racing to bolster their cybersecurity strategies, according…
AM Best confirms Dubai National Insurance’s strong credit rating of A- (Excellent) with stable outlook
Dubai National Insurance (DNI), one of the leading insurance companies in UAE, has received a stable outlook for its Financial…
Crypto.com Forges New Partnership with Dubai Islamic Bank
Crypto.com has recently announced a promising partnership with Dubai Islamic Bank , marking a strategic move to enhance its cryptocurrency…
Mashreq completes $385mln sale of majority stake in Neopay
Mashreq, one of the MENA region’s leading financial institutions, has announced the completion of the sale of a majority stake…
Burj Khalifa Hits AED 467.1 Million in Sales for 2024: A Beacon of Dubai's Real Estate Brilliance
The Burj Khalifa, an enduring symbol of Dubai’s innovation and ambition, remains a powerhouse in the luxury property market. In…
Farro Ventures Expands Businesses in Singapore, Dubai
Farro Ventures, parent company of multi-family office Farro Capital, has expanded multiple businesses with new hires. Farro Venture has…
Fitch revises outlook on 5 Omani banks to positive; long-term ratings affirmed
Fitch Ratings has revised its outlook on five Omani banks – Bank Muscat, National Bank of Oman (NBO), Bank Dhofar,…
Misr Insurance, Al Ain Ahlia partner to drive digital transformation, knowledge sharing in sector
In a significant move towards digital transformation in the insurance industry, Misr Insurance and Al Ain Ahlia Insurance Company of…
KIB continues to provide the best auto financing deal in collaboration with Al Sayer
Kuwait International Bank has announced the continuation of its most competitive financing offer, in partnership with Mohammed Naser Al Sayer…
Nawy initiates the acquisition of ROA to launch ‘Nawy Unlocked’
In a strategic move to expand its offerings and to continue reshaping the Egyptian real estate market, Nawy, Africa’s largest…
Saudi listed firms see growth in 2024 with ACWA Power and Al Rajhi as top performers
Saudi Arabia’s listed companies witnessed significant growth in 2024, with ACWA Power and Al Rajhi Bank emerging as the top…