Fintech PayMint gets seed funding round from AUR Fintech Fund
Ripple, the fintech agency runs its platform, RippleNet, which permits anybody to ship and alternate cryptocurrencies or make cross-border transactions.…
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Mashreq Bank names new group technology head
Mashreq Bank, one of the leading financial institutions in the UAE, has appointed Alexander Raiff as its new group head…
Al-Omar: KFH attracts promising talents for creating competitive advantages
Group Chief Human Resources Officer at Kuwait Finance House (KFH), Zeyad Abdullah AlOmar said that the bank is keen on…
Saleh Al Geziry to head Abu Dhabi Department of Culture and Tourism
Saleh Al Geziry will be the new Director-General for Tourism at the Abu Dhabi Department of Culture and Tourism. He…
Saudi Arabia makes $5bn deposit in Egypt Central Bank
Saudi Arabia made a $5bn deposit in Egypt’s central bank, making it the latest Gulf state to support the economy…
First Abu Dhabi Bank expected to raise 500 mln euros via green bonds
First Abu Dhabi Bank (FAB.AD) is expected to raise 500 million euros ($553.90 million) in five-year green bonds at 70…
Saudi Arabia real GDP grows 6.7% in Q4 2021
Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth…
Egyptian fintech Khazna raises $38mln in Series A
Khazna, a Cairo-based fintech company has raised $38 million in a Series A round led by Quona Capital. Other investors…
Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn
RAK Hospitality Holding has confirmed the sale of the 715-key all-inclusive Rixos Bab Al Bahr hotel in Ras Al Khaimah…
Agility, Menzies boards agree on $750mln takeover deal
The boards of Agility Public Warehousing Company (Agility) and GIL International Holdings V Limited (Bidco), one of its wholly-owned subsidiaries,…
Saudi Arabia to localize key jobs in fun cities
Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi announced on Thursday the ministry’s decision to localize key jobs…
World’s 1.9bln Muslims spent around $2trln in 2021 – SGIE report
The world’s 1.9 billion Muslims spent the equivalent of $2 trillion in 2021 across the food, pharmaceutical, cosmetics, fashion, travel,…