Beckoning a new dawn for real-time payments in the UAE
As the UAE moves closer to the introduction of its mandated real-time payments scheme, due for launch in the fourth…
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FinTech growth and digital banks' risk appetite stoking stability concerns, IMF says
The combination of rapid growth and increasing importance of digital banks and FinTechs entail system-wide risks for financial stability as…
HAYVN receives approval from the Swiss Financial Market Supervisory Authority, FINMA
HAYVN has announced that it has successfully received approval from the Swiss Financial Market Supervisory Authority, FINMA to join a…
SAMA cautions bank customers amid surge in financial fraud
There has been a surge in incidents of financial fraud being practiced by unscrupulous people to cheat bank customers, according…
Burgan bank launches fast international transfer service in with Mastercard
Burgan Bank has launched the new Fast International Transfer service in collaboration with MasterCard in Kuwait to offer fast and…
QIB profit grows 14% to reach QR855m in Q1
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the three months’ period ended 31 March…
Beema named “Best Company” by Money 2.0
Dubai-based insurance innovator Beema Insurance, a member of ENOC Group, and a part of ENOC’s mobility offering have recognised in…
RAKBANK's shareholders nod to 22.5% dividends for 2021
The ordinary general meeting (OGM) of the National Bank of Ras Al Khaimah (RAKBANK) has approved a cash dividend distribution…
Banque Misr in Egypt automates trade finance with Finastra
Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade…
NBK Capital Awarded Global Finance’s “Best Debt Bank”
NBK Capital has awarded Global Finance’s “Best Debt Bank” in the Middle East for 2022. Global Finance recognizes the…
Kamco Invest successfully leads stc’s acquisition of e-Portal Holding Company
Kamco Invest successfully led the acquisition of e-Portal Holding Company - e-Portal, one of Kuwait’s key players in the Information…
The CBB supports University of Bahrain Master in Financial Technology student projects
As part of the Central Bank of Bahrain’s commitment to enhance the competitiveness of the financial services sector and in…