Dubai-based Mamo Pay looking to transform payment transfers
Dubai-based start-up Mamo Pay is looking to transform the way payment transfers are made. Founded by three former Google…
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From open banking today to open finance tomorrow
Over the course of the past several years, the eyes of the regional – and indeed, global – financial sector…
4 top neobanks in the Middle East to keep an eye on
The digital revolution that has revamped global industries has reached the realm of banking. Recently the Middle East countries have…
Bahrain Islamic Bank convenes its Ordinary and Extra-Ordinary General Meetings for the Year 2020 via video conferencing
Bahrain Islamic Bank (BisB) announced the conclusion of its Ordinary and Extra-Ordinary General Meetings (OGM, EGM) held on Tuesday 23rd…
Banque Saudi Fransi goes live with Finastra
Banque Saudi Fransi has gone live with the latest version of Fusion Kondor, Finastra’s treasury management solution. The move…
The Middle East prepares for life after oil
Governments and wealthy families are accelerating the changes needed to safeguard their financial future. The global upheavals of the…
Dubai launches its first environmental satellite
DMSat-1, the emirate’s first nanometric environmental satellite, developed by Dubai Municipality in collaboration with the Mohammed Bin Rashid Space Centre…
Saudi fintech Geidea gets SAMA license to process payments
Saudi-based fintech company, Geidea, has acquired a license from the Saudi Central Bank (SAMA) that enables it to process end-to-end…
UAE reveals $81bn industrialization plan
The UAE aims to increase its industrial revenues to 300 billion dirhams ($81.68 billion) over 10 years. Dubai Ruler…
DIFC wins membership in global financial centres' alliance
Dubai International Financial Centre has announced that its membership of the World Alliance of International Financial Centres has been unanimously…
Saudi Arabia creates database of privately financed projects
The Register of Privatization Projects is as a comprehensive central database of documents related to privatization projects, Hani Al-Sayegh, director…
BBVA says commitment to Turkey unchanged, shares fall 6%
Spain’s BBVA on Monday said its commitment to Turkey was unchanged despite a 15 percent decline in Turkey’s lira to…