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FinTech

Mastercard and First Abu Dhabi Bank: Harnessing the power of partnerships to drive payment innovation across the region

September 18, 2024

The region's digital landscape is fast evolving, driven by rapid developments in advanced technologies, such as AI, machine learning, spatial…

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FinTech

Settle Payments secures $2mln pre-seed funding led by Shorooq Partners to overhaul B2B payments in Egypt

September 18, 2024

SETTLE  has successfully raised $2 million in a pre-seed funding round led by Shorooq Partners. Other notable investors that participated…

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Hedge Funds & Alternative Investments

Metropolitan Group announces major recruitment drive to hire over 100 real estate agents across UAE

September 18, 2024

Metropolitan Group  has announced a recruitment campaign to attract over 100 talented agents across its various brands, including Metropolitan Premium…

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Hedge Funds & Alternative Investments

UAE banking sector’s liquid assets rise to $218bln by end of Q2-24

September 18, 2024

The liquid assets of the UAE's banking sector exceeded AED800 billion by the end of Q2 2024, according to the…

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Islamic Finance

Bank investments in monetary bills, Islamic CD hit $62bln by end of Q2-24: CBUAE

September 18, 2024

Banks’ investments in monetary bills and Islamic certificates of deposit (CD) reached AED226.9 billion at the end of the second…

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FinTech

How the Middle East is redefining sustainable wealth management

September 18, 2024

In an era marked by rapid technological advancements and significant socio-economic shifts, the global wealth management sector is undergoing a…

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Awards and Recognition

Global Finance Names The Best SME Banks 2025

September 18, 2024

Global Finance has announced its selections for the third annual SME Bank Awards for 2025. Honorees have been chosen globally…

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FinTech

Beyon Money wins ‘Best Mobile Payments App’ Award at MEA Finance Awards

September 17, 2024

Beyon Money, part of the Beyon Group, was named the winner of the ‘Best Mobile Payments App’ at the MEA…

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Retail Banking

National Bank of Fujairah PJSC enhances its capital composition

September 17, 2024

Following the approval of NBF’s shareholders, through a special resolution at the General Assembly Meeting (GAM) held on 26 June…

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Executive Moves

Global financial services group GSB makes double hire for wealth division

September 17, 2024

Financial services group GSB has hired Paul Waterman and Craig Holding to join its GSB Wealth division based in Dubai.…

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Fraud & Ethics

UAE fines foreign bank Dhs5m for money laundering breaches

September 17, 2024

The UAE central bank said on Monday it fined a foreign bank operating in the country $1.4m (Dhs5m) for failing…

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Hedge Funds & Alternative Investments

‘Qatar’s startup initiatives embrace transformation in tech industry’

September 17, 2024

Qatar is currently witnessing tremendous growth in startups and thriving business initiatives as the country’s national strategic vision focuses on…

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