SABB’s international remittances grow by over 50%
The value of international remittances executed through SABB’s digital channels up to August 2021 grew by more than 50 percent,…
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GFH to buy 100% of Khaleeji Commercial Bank to boost its portfolio
GFH Financial Group, an investment bank based in Bahrain, plans to acquire 100 per cent of Khaleeji Commercial Bank (KHCB)…
Perpetua Investment Group names Gilles Aupin as COO
Perpetua Investment Group, an alternative investment company headquartered in Dubai, announced that Gilles Aupin has joined the firm as Chief…
Qatari delegation takes part in World Bank Group, IMF meetings
Minister of Commerce and Industry and Acting Minister of Finance H E Ali bin Ahmed Al Kuwari is leading the…
Abu Dhabi's Mubadala Capital leads Huboo Fulfilment's $82mln funding round
Mubadala Capital, an asset management subsidiary of Abu Dhabi's sovereign investor Mubadala led a Series B funding round in Huboo…
Dubai’s Mashreq Bank scores a regional first with new API portal for businesses
The UAE based Mashreq Bank has launched an active Application Programming Interface (API) developer portal, allowing developers to consume Mashreq’s…
Doha Bank’s Doha Pay Wallet wins ‘Best Digital Wallet App’ award
Doha Bank’s mobile wallet – Doha Pay bags the “Best Digital Wallet App” award by Global Business Review Magazine. This…
QIB nine-month net profit rises 13.9% to QR2.52bn
The bank’s total assets stood at QR186bn, up 6.7% on December and 9.4% compared to September 2020 QIB posted…
Egypt consumer finance pioneer launches deferred-payment startup
THE co-founder of a pioneering Egyptian buy-now, pay-later firm is targeting a market of more than 40 million bankcard holders…
Innovating together: what is happening in Wealth & Asset Management
The AM Tech Day held in Paris and organised by AGEFI, leading media group for the financial community in France,…
United Arab Emirates: Upcoming deadlines for economic substance filing requirements
The United Arab Emirates economic substance regulations has require certain domestic and free zone legal entities that conduct one or…
How Dubai's crowdfunding initiative is filling 'massive' gap in SME financing
Dubai Next, the first digital crowdfunding platform in Dubai launched earlier this year by Crown Prince Sheikh Hamdan bin Mohammed…