Banking as a Service gains unstoppable momentum, Finastra research shows
At its Finastra Forum flagship industry event in Dubai, Finastra has unveiled a market assessment report: ‘Banking as a Service:…
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Mashreq Bank launches Neopay to consolidate and grow
NEOPAY will comprise of Mashreq’s leading merchant acquiring business, which processes over USD 22Billion of annualized volume across retail, government,…
Baker McKenzie earns top awards in Saudi Arabia and the UAE at the Chambers Middle East Awards 2022
Baker McKenzie has been recognised among the leading national and international law firms in the Middle East at the annual…
QNB Al Ahli launches instant payment service
Qatar National Bank Alahli has launched instant payment service in collaboration with Egyptian Banks Company, according to an emailed press…
Nearly 9 in 10 people in the Middle East report increased use of digital payments in the past year
According to the Kaspersky Digital Payment survey, 93% of respondents from the Middle East reported an increase in their use…
A new hope for wealth and investment managers?
The pressure to achieve growth is constant. Therefore, the greatest challenge to our wealth management industry to continue this level…
'Markaz': 2021 marks a year of achievements despite challenges
Alghanim: “Our performance throughout 2021 emphasizes our capabilities to provide our clients with tangible value and further develop our operations,…
BankDhofar raises a SOFR linked dual tranche syndicated term facility
BankDhofar, the second largest bank in Oman by assets, announced that it had successfully raised USD 400 million dual tranche…
Avanz Capital Egypt Establishes Avanz Manara
Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an…
Saudi Wealth Fund May Make Major Investment in Building Firms
Saudi Arabia’s sovereign wealth fund may invest hundreds of millions of dollars in four local construction firms as it looks…
Saudi Arabia to develop technologies to limit risk to planet, says energy minister
Saudi Energy Minister Prince Abdulaziz bin Salman said that Saudi Arabia was not looking for funding from any country to…
Social Development Bank allocates $2.9bn to support Saudi entrepreneurs
The Social Development Bank announced at the Gulf Entrepreneurship Congress in Riyadh to allocate more than SR11 billion ($2.9 billion)…