Saudi's CMA approves Etihad Atheeb Telecom capital reduction
The Saudi Capital Market Authority has approved Etihad Atheeb Telecommunication Co.’s request to cut its capital, a statement on the…
FinTech
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Global wealth manager in digital push
The Family Office Company is set to launch a new digital interface next month aimed at empowering clients and prospects…
AMF releases booklet on using AI in the banking services
The Arab Monetary Fund (AMF) has recognised the importance of expanding educational awareness of the implications of using Artificial Intelligence…
Fawry broadens its platform for consumer finance offerings to capture the growing opportunity on the financial services market
Fawry has announced plans for establishing a consumer finance company, Fawry Consumer Finance, broadening its existing offering of financial solutions…
Zand eyes UAE digital banking sector with strategic stake buy
Zand, the first digital bank to provide both retail and corporate banking, is set for imminent launch in the UAE,…
Saudi Arabia's CMA approves IPO application of digital security firm Elm
Saudi Arabia’s Capital Markets Authority (CMA) said on Wednesday it has approved an initial public offering digital security firm Elm,…
Saudi Arabia forms independent body to probe financial crimes
Saudi Arabia’s Public Prosecution on Tuesday announced the establishment of an independent specialized unit to investigate financial frauds, the Saudi…
Dubai Islamic Bank launches ‘Rabbit’ as digital banking for connected generation
Dubai Islamic Bank (DIB) has launched its digital banking app that targets customers across all its key markets. The digital…
AFS in deal to power ila Blue, Switch credit cards
Arab Financial Services (AFS), a leading digital payment solutions provider and fintech enabler in Middle East and Africa, has collaborated…
Dubai Islamic Bank launches Rabbit 'FunTech' app aimed at tech-savvy customers
Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender, launched Rabbit, a “fun” digital offering that seeks to attract more technology-savvy…
Century Private Wealth Launches Middle East's First Nasdaq Licensed Fund
Century Private Wealth, has launched the Middle East’s first Nasdaq-licensed fund, the Century Nasdaq 100 Enhancer PC. Century PW,…
Arab National Bank Adopts Red Hat’s Open Hybrid Cloud Platforms To Accelerate Digital Banking Innovation
Red Hat, Inc. has announced that Arab National Bank is speeding its transformation in key areas including digital banking, open…