Riyad Capital launches fintech venture fund
Riyad Capital has announced the launch of the “1957 Ventures” fund, a closed-end investment fund backed by Riyad Bank to…
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Burgan Bank Selects TCS BaNCS to Transform its Core Banking
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has signed a deal to modernize the…
Kuwait’s Burgan Bank signs core banking deal with TCS BaNCS
Kuwait-based Burgan Bank has announced signing an agreement with Tata Consultancy Services to upgrade its core banking system by implementing…
CREALOGIX and Tuum forge strategic alliance to transform banking in the EMEA at Seamless Middle East 2024
A leading Fintech company headquartered in Switzerland, CREALOGIX and Tuum have announced a strategic partnership aimed at revolutionizing the banking…
Family offices increase allocation to fixed income in hunt for yield – UBS
Family office investments in fixed income or bonds have increased at their fastest rate in five years as the world’s…
UAE, Saudi Arabia lead MENA with green bonds issuance of $15.4bln in 2023
Green bond issuances in the Middle East and North Africa (MENA) more than doubled to $15.5 billion in 2023, driven…
Saudi fintech firm Rasan’s $224m IPO oversubscribed 129.1 times
Saudi Arabia fintech firm Rasan said on Tuesday that it has attracted $29bn (SAR108.6bn) in investor orders for its initial…
Turkey’s fintech start-up Colendi raises $65mln – report
Turkish fintech start-up Colendi has secured $65 million from a group of investors, taking its valuation to $700 million, Bloomberg…
Why did Abu Dhabi Global Market regulator impose a $122,500 fine on Sarwa?
The Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has levied a fine of $122,500 (Dhs449,881) on Sarwa…
UAE: Most employees have a second job or business, expert says
In the UAE private sector, it is not uncommon for employees to have a side hustle. Recruitment experts said it…
Blackrock: Aramco CEO Re-elected Despite Concerns
This election sparked discussions. Ultimately, the head of the most influential Saudi oil producer prevailed and was confirmed as a…
Leandra Meintjes CEO of marketing consultancy Proven 360
Regional marketing consultancy Proven 360 has appointed Leandra Meintjes to CEO. In her new role, Leandra Meintjes will oversee…