Egypt’s mobile wallet transactions rise 62% in H1 2026: NTRA
The number of financial transactions conducted through telecom-affiliated mobile wallets in Egypt rose 62% year-on-year (YoY) to 2.22 billion in…
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UAE prosecutor reveals how ordinary people can become part of money-laundering networks
Renting out a bank account, setting up a fake company, issuing forged invoices, responding to suspicious social media offers or…
Standard Chartered: Nearly two-thirds of Saudi businesses see AI as key to advancing trade
76% identify cloud infrastructure and data integration as key drivers 63% highlight automation and robotics Standard Chartered has announced the…
ADGM Reinforces Abu Dhabi’s Standing as a Global Financial Hub with 54% Growth in AUM and Almost 14,000 Active Licences
Workforce across ADGM's jurisdiction approaches 50,000 for the first time, with 34% year-on-year growth to 49,027. Assets Under Management (AUM)…
Ministry of Finance announces amendments to the VAT executive regulation
The Ministry of Finance has announced the issuance of Cabinet Decision No. (149) of 2026 amending certain provisions of the…
Arab Global Crypto Exchange to Launch on September 10 with AED Support and Zero Platform Fees on Crypto Transfers
Arab Global Crypto Exchange a CMA-licensed Virtual Assets platform, will open for trading on September 10, 2026, giving UAE residents…
Julius Baer appoints Prashant Ajitsaria as Group Head for NRI Clients in Switzerland
Julius Baer has appointed Prashant Ajitsaria as Group Head for Non-Resident Indian (NRI) Clients in Switzerland, succeeding Gideon Dessauer. Based…
Abu Dhabi Commercial Bank to receive universal banking license in Kazakhstan by year-end – regulator
Kazakhstan's Financial Market Regulation and Development Agency plans to issue a universal banking license to Abu Dhabi Commercial Bank (ADCB)…
Mozambique Courts UAE Capital to Drive Industrialisation
Mozambique's government is stepping up efforts to attract capital from the United Arab Emirates, with the aim of accelerating industrialisation…
Saudi Arabia's Salla buys PayLink to build out merchant payment acceptance services
Saudi Arabian fintech Salla has acquired domestic paytech PayLink to expand its merchant payment acceptance services. The financial terms of…
Qatar banking sector assets hold steady as lending rises in July
Qatar’s banking sector assets remained broadly stable in July, while lending continued to grow and deposits declined, according to the…
BlackRock appoints Dixit Joshi as Managing Director, Middle East Technology and Advisory Solutions, and Digital Assets
BlackRock has announced the appointment of Dixit Joshi as Managing Director, Middle East Technology and Advisory Solutions, and Digital Assets.…