Qatar Fintech Hub opens applications for next generation banking hackathon
Qatar FinTech Hub is inviting all entrepreneurs and FinTechs from Qatar and around the world to apply to its fourth…
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UK court orders Lebanese banks to pay $4m to saver
A London court has ordered two Lebanese banks to pay a depositor $4 million of his money, which was locked…
OPay Group Targets Major Expansion in North Africa and the Arab Region
According to a press report published by Forbes Middle East magazine, OPay is one of the most prominent companies that…
Saudi's CMA announces reward worth 20% of collected fines to whistleblowers
Saudi Arabia’s Capital Market Authority has approved granting whistleblowers of the Capital Market Law violations an estimated reward of up…
Saudi Amlak renews $177mln loan from SAIB to bolster real estate finance
Saudi-listed Amlak International for Real Estate Finance has renewed its SR665 million ($177 million) credit facility agreement with the Saudi…
Saudi Arabia’s public debt sees quarterly decrease
Saudi Arabia’s public debt recorded the first quarterly decrease since the first quarter of 2017 — as far back as…
Macquarie Asset Management appoints real estate capital raising specialist
Macquarie Asset Management has appointed Alex James to lead product development, capital raising and client coverage in Europe, the Middle…
DIFC introduces AI and coding licence
Dubai International Financial Centre (DIFC) has announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation…
Looming FATF Decision on Dirty Money List Poses Risks for UAE
A global financial crime watchdog will decide this week whether the United Arab Emirates has made enough progress to avoid…
Investcorp buys majority stake in Italian cybersecurity company HWG
Investcorp, the alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, bought a majority stake in Italian…
First Abu Dhabi Bank to distribute $2.1bn dividends for 2021
First Abu Dhabi Bank , one of UAE’s leading banks, has approved the dividend distribution of 70% of paid-up capital…
Turkish fintech seeks Qatari investment
Turkish fintech companies met with Qatari investors this week in a webinar. The Turkish presidency’s finance office organized the…