ila Bank to give ten travellers up to $13,264 cashback
ila Bank, the fastest growing digital mobile-only bank in Bahrain powered by Bank ABC, has launched a ‘Credit Card Around…
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Fable Fintech forays into Bahrain with Batelco Financial Services
Fable Fintech, a global banking infrastructure company enabling SaaS-powered platforms for cross-border, corporate, trade, and FX transactions, announced its foray…
Solutions inks $79.46mln contract with STC
Arabian Internet and Telecommunication Services Company (solutions) has signed a SAR 298.08 million contract to establish and develop the internet…
UAE’s YAP secures $41m to support continued expansion
Dubai-based start-up YAP has raised $41 million to support its growth as it looks to expand its operations. The…
Bank loans to Saudi construction, building sector touches $27bln in Q1
The total bank lending to the building and construction sector in Saudi Arabia reached 102.38 billion Saudi riyals ($27 billion)…
Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn
Kuwait Finance House has agreed to fully acquire Ahli United Bank for $11.6 billion. KFH plans to offer one…
Zain Group boss is top Kuwait-based CEO on Forbes Middle East list of top executives
Forbes Middle East has named Bader Nasser Al-Kharafi, the CEO of Zain Group. as one of the top 100 CEOs…
Fintech company director fined $24,000 for obstruction of investigation
The Dubai Financial Services Authority (DFSA) fined Stuart Coles, director and owner of three firms (Coworth Fintech Ltd, Coworth Investments…
United Arab Bank goes live with Arab Monetary Fund’s Buna platform
United Arab Bank (UAB) announced the launch of cross-border multi-currency settlement service through BUNA payment platform. Incorporated in the…
Global investment banking fees fall 31% to three-year low
Investment banking fees worldwide reached $56.7 billion during the first half of 2022, posting a 31% decrease compared to the…
Haroon Ahmed leads Grant Thornton's UAE restructuring practice
Grant Thornton has welcomed Haroon Ahmed to its partnership in the United Arab Emirates. He leads the firm’s Financial Restructuring…
Strategic Gears welcomes two partners to Riyadh leadership team
Strategic Gears has appointed two new partners in its Riyadh office, with Rabih Elsayegh joining as a partner and Farhan…