All Articles

Hedge Funds & Alternative Investments

Svreico and Fawry forge strategic alliance marking Fawry’s acquisition of an 80% stake in Svreico’s administrative building

September 9, 2024

In a strategic move, SVREICO Real Estate Investment Company, a leading real estate company operating in Egypt’s iconic Smart Village,…

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Regulation, Risk & Compliance

Oman’s credit grows to $81.6bn in July, up 3.8% yearly

September 9, 2024

Oman’s total outstanding credit from other depository corporations reached 31.4 billion Omani rials ($81.6 billion) by June, reflecting a 3.8…

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FinTech

Oman figures high in list of world’s cybersecurity-advanced countries

September 6, 2024

The Sultanate of Oman occupied a prominent place in the top list of the world’s “cybersecurity-wise most prepared countries”, according…

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Hedge Funds & Alternative Investments

Bank of Sharjah successfully priced US$ 500mln senior unsecured bond in the international markets

September 6, 2024

Bank of Sharjah successfully priced a US$ 500 million senior unsecured bond in the international markets. The issuance received tremendous…

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FinTech

Mozn: Pioneering AI solutions in fintech, fraud prevention, and compliance

September 6, 2024

This recognition underscores the impact of Mozn’s innovative platform, FOCAL, which underscores the company’s commitment to advancing risk and compliance…

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Research & Studies

Moody’s upgrades outlook on six Omani banks to ‘positive’

September 6, 2024

Moody’s Ratings announced on Wednesday that it has affirmed the long-term local and foreign currency deposit ratings of six Omani…

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FinTech

Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses

September 6, 2024

In June 2021, Ziina, fresh from completing YC’s first cohort that year and securing a $7.5 million seed, launched its…

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Hedge Funds & Alternative Investments

Egypt: Qalaa Holdings inks debt settlement agreement with 4 banks for $93.9mln

September 6, 2024

Qalaa Holdings has sealed a debt settlement agreement with four banks for a total of EGP 4.547 billion, as per…

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FinTech

Grath expands operations to the Middle East

September 6, 2024

This expansion marks a significant milestone in Grath’s mission to provide world-class financial services, innovative regulatory compliance solutions, and cutting-edge…

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FinTech

Tarabut Acquires UK Payments Platform Vyne Ahead of New MENA Regulatory Requirements

September 5, 2024

Tarabut, has  announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses. This strategic acquisition,…

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Comment & Analysis

Public sector loans drive Qatar banks’ credit growth in July: QNBFS

September 5, 2024

Credit facilities extended by banks in Qatar increased by 0.9% during July to reach QR1,336.4bn, according to QNB Financial Services…

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Retail Banking

RAKBANK partners with 4most to enhance model management practices

September 5, 2024

The partnership comes in response to the CBUAE’s tough new banking industry guidelines to ensure quality, consistency, and risk mitigation…

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