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Praxis strengthens UAE presence with new DIFC office and corporate services licence
Praxis has opened a new office in the Dubai International Financial Centre (DIFC) and secured a Corporate Service Provider (CSP) …
Tanami KSA and Tanami Bahrain Appoint New Leadership to Drive GCC Fintech Expansion
Tanami KSA and Tanami Bahrain have appointed Dr. Nawaf Almaskati and Faisal Aljalahma as CEOs to lead their respective fintech …
UAE credit card fees: Customers hit with Dh400-Dh500 annual charges after fee exemption ends without warning
Some bank customers have confirmed that they did not receive clear and prior notification at the end of the period …
Syria, World Bank discuss development of housing and mortgage finance sector
The International Cooperation Department at the Ministry of Foreign Affairs and Expatriates hosted Thursday a roundtable meeting with the World …
Beehive and Taageer Finance Strengthen Access to SME Financing Across Oman
Beehive, the region's first digital peer-to-peer SME financing platform, has partnered with Taageer Finance Co. SAOG, one of Oman's leading …
The Central Bank of Oman raises repo rate to 4.5% in first increase since July 2023
The Central Bank of Oman (CBO) raised its repo rate by 25 basis points to 4.5 per cent effective Thursday, …
UAE announces second issuance under Sovereign Retail T-Sukuk Programme with 5-year tenor
Following the exceptional success and strong investor demand for the inaugural issuance under the Sovereign Retail T-Sukuk Programme, the Ministry …
CBB raises overnight deposit interest rate by 25 basis points
The Central Bank of Bahrain (CBB) announced its decision to raise the overnight deposit interest rate by 25 basis points …
First Abu Dhabi Bank Executes Landmark Live Tokenized Deposit Settlement with Citi via Swift Ledger
The global cross-border payments landscape has achieved a major technological milestone as regulated commercial bank money transitions onto programmable digital …