Middle East escalation fears prompt risk-off move
The attack came hours after Israeli troops entered Lebanon earlier on Tuesday, in a land offensive against Hezbollah after days…
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Nine major Saudi retail banks score positive net sentiment in latest PwC Middle East and DataEQ report
A detailed analysis of consumer sentiment towards leading retail banks in Saudi Arabia has revealed a slight overall improvement in…
An International real estate alliance launches their first projects from Dubai
RMS Capital Investment, the real estate developing alliance of three partners including an Emirati, Azerbaijani and Turkish companies, announced the…
Kuwait suspends electronic banking for 60K with biometrics unregistered
Following the September 30 deadline for Kuwaiti citizens to undergo biometric fingerprinting, the Public Authority for Civil Information (PACI) has…
Fawry’s BNPL business reaches EGP 1bln in total disbursements since inception
Fawry (the "Company", FWRY.CA on the Egyptian Exchange), Egypt's leading e-payments solutions provider, has announced that its Buy Now, Pay…
Saudi Awwal Bank partners Singapore’s PayerMax for digital payment enhancement
Riyadh-headquartered Saudi Awwal Bank (SAB) has partnered with PayerMax for enhanced business payment solutions. According to a statement announcing…
Saudi Re appoints Ahmed Al-Jabr as new CEO
Saudi Reinsurance Company "Saudi Re" announced the appointment of Ahmed Al-Jabr as its new Chief Executive Officer, effective October 1st,…
UAE-headquartered wealth manager GSB eyes Swiss expansion
Financial services group GSB is in the process of applying for a licence from the Swiss Financial Market Supervisory Authority…
QNB becomes first bank to launch updated version of Visa Click to Pay service
QNB, the largest financial institution in the Middle East and Africa, became the first Bank in CEMEA (Central and Eastern…
QSE closes almost flat despite buying by domestic funds, Gulf and Arab retail investors
The Qatar Stock Exchange, which intraday crossed the 10,600 level, finally closed almost flat despite the buying support from the…
Citi Private Bank uncovers family offices top priorities
Nearly 40% of all family offices in Europe, Middle East and Africa decreased their weighting in cash, compared to 30%…
Mastercard and Amazon Payment Service join forces in Middle East and Africa
As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – a single touchpoint for…