Proven APIs Hold the Key to Open Banking Success in Bahrain
Bahrain’s Open Banking compliance deadline of 30th June is rolling round quickly and its regulator, the Central Bank of Bahrain…
Regulation, Risk & Compliance
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UAE firms outpace MENA peers in sustainability initiatives: Survey
Organisations in the UAE lead their peers in Middle East and North Africa region in adopting a holistic strategy towards…
How to give to charity legally in the UAE
There is confusion in the UAE on how to legally fundraise and donate to charity. Some individuals collecting both monetary…
DIFC offering Dh16.5 million prize to UAE residents, financial community?
UAE residents have been warned against dealing with individuals pretending to be from a financial free zone in Dubai offering…
Qatar Islamic Bank signs an agreement with Qatar Red Crescent Society
Qatar Islamic Bank and Qatar Red Crescent Society signed a cooperation agreement to cement ties between the two organizations. The…
Path Solutions and Infrascale announce partnership agreement
Path Solutions has signed a partnership agreement with Infrascale, the leader in Hybrid Cloud Disaster Recovery as a Service. …
Mada Capital signs for Profile Software Axia
Profile Software has announced that ‘MADA Capital’ and `Mada Financial Services’ subsidiaries of Primavis Capital, a Dubai-based investment firm, selected…
New Noor Bank white paper explores UAE's prepaid cards, digital payments ecosystem
The fragmentation of the UAE payments landscape can be reduced through greater coordination between banks, regulatory authorities and industry sectors,…
First Abu Dhabi Bank partners with MoneyGram to launch services on payit mobile app
First Abu Dhabi Bank has partnered with MoneyGram to launch the latter’s services through the bank’s payit mobile wallet in…
Oman establishes credit rating agency
A new Royal Decree will see Oman establish an independent authority, Oman Credit bureau, which will be responsible for rating…
Turkey presses banks to agree high-stakes bailout of bad energy loans
Turkey's plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year's…
High Growth in Takaful Market 2019-2025
The global takaful market reached US$ 20 Billion in 2019. The market is further projected to exceed US$ 45 Billion…