Paymob secures $22m extension to Series B funding, raises $72m in total
The new funding will support the company’s strategic growth initiatives and reinforce its leadership in the regional fintech sector. …
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PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital
PGIM, which had $1.33tn in assets under management as of June end, obtained a Financial Services Permission (FSP) to operate…
GCC Islamic banks to maintain strong profitability driven by economic growth
The profitability of Islamic banks in the Gulf Cooperation Council (GCC) is expected to remain strong over the next 12-18…
Family offices confident recent growth in wealth will continue
68% of family office professionals say the value of their organisation’s assets has increased in the past five years, and…
Nasdaq Dubai welcomes $400 million green bond from Bank of China
Nasdaq Dubai welcomed $400 million in green bonds from the Bank of China (Dubai Branch), one of China’s four biggest…
QNB Group to approve a buyback of QNB's shares
The Board of Directors of QNB Group decided at its meeting held on 11 September 2024 to approve a buyback…
Saudi Arabia’s banks see continued growth in loans & advances, deposits, and profitability in second quarter
Loans & Advances (L&A) increased by 3.2 percent QoQ, driven by corporate/wholesale banking. Banks looking at an interest rate…
EBRD promotes digital transition in Egypt
EBRD and others invest US$ 22 million in Paymob for product and marketing development Paymob is the leading payment processing…
Arab Monetary Fund official lauds performance of Qatar’s banking sector
Qatar’s banking sector has high ranking among the Arab countries in regards to capital adequacy ratio that has reached 19.2…
Qatar: Commercial Bank reinforces commitment to sustainability, digital innovation at Arab Banking Conference
Commercial Bank, a leader in innovative digital banking solutions in Qatar participated as an innovation partner in the prestigious Arab…
Commercial Bank hosts trade workshop
Commercial Bank, a leader in innovative digital banking solutions in Qatar, has successfully conducted an insightful workshop focused on Trade…
Oliver Wyman boosts Digital practice with new partner Keirin Lee
Originally from South Korea, Keirin Lee spent most of his early years Canada, before kickstarting his career in technology around…