Majid Al Futtaim Ventures announces investment in Beam Wallet
The partnership delivers benefits on a number of levels for both parties. Enabling Beam Wallet to scale operations and propel…
New Investment Products & Services
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Bahrain to roll out new electronic payment method
A new electronic payment method being made available to Bahrain's employers from next year has been welcomed by workers' rights…
Al Baraka Banking Group plans Islamic bank in Morocco
Dr Adnan said Al Baraka is working to obtain legal approvals for the new bank and is currently consulting with…
Galadari announces regional expansion with the opening of their DIFC office
Galadari Advocates & Legal Consultants (“Galadari”), one of the oldest leading full service regional law firms in the Middle East,…
Banks complete pre-implementation phase of Mobile Wallet
The UAE banks have completed the pre-implementation phase of the Mobile Wallet project, the UAE Banks Federation (UBF) said on…
Standard Chartered signs with Earthport to extend international ACH reach
Standard Chartered has signed a multi-year agreement with Earthport plc. Standard Chartered offers market leading International ACH coverage in its…
KFH Launches Al-Nuwair Investment Deposit
Kuwait Finance House (KFH) launched Al-Nuwair investment deposit that promises clients with expected profit rates as per sharia, Islamic Wakala…
New security feature "3D Secure" introduced to Commercial Bank Cards
Doha, Qatar: Commercial Bank has introduced 3D Secure; an online security feature, to all its Visa , MasterCard and Diners…
FGB launches best-in-class credit card loyalty platform in the UAE
FGB , one of the leading banks in the UAE, has launched a new flexible and comprehensive loyalty platform for…
UAE May Create Body To Monitor FX Peg, No Policy Change Likely
An advisory body to the United Arab Emirates government has suggested that the central bank review the country’s currency peg…
Turkey to build tax-free industrial zone in West Bank
Turkey is going to establish an organized industrial zone in the Palestinian city of Jenin in the West Bank, according…
UK'S first Shariah Compliant Seed Enterprise Investment Scheme (SEIS) announced by Portillion Capital and IFAAS
The ground-breaking, new ethical finance initiative - enabling investors to support small and start-up businesses - raises £1m within two…