Mashreq appoints group head of marketing
Mashreq has appointed Muna Al Ghurair, as its new Group Head of Marketing & Corporate Communications. She brings over 20…
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NBK-Egypt sees 9% higher profits in H1-22
The National Bank of Kuwait-Egypt (NBK-Egypt) reported net earnings of EGP 756.50 million (about KWD 13.80 million) during the first…
Bahrain banks report 19.2% growth in non-interest income
Banks in Bahrain reported 19.2 per cent growth in non-interest income in the second quarter this year, the highest in…
Saudi Central Bank approves two new Fintech companies
The Saudi Central Bank (SAMA) announced on Tuesday granting of permits to a new batch of companies: “Lean Technologies” and…
Commercial Bank launches Google Pay in Qatar
Commercial Bank has announce the launch of Google Pay in Qatar, allowing customers to pay easily and securely with their…
AFS relocates its UAE data center operations to Equinix Dubai International Business Exchange
Arab Financial Services has relocated its UAE data center operations to Equinix Dubai International Business Exchange (IBX) facilities in Dubai,…
European Bank for Reconstruction and Development could support Egypt with over $1bln on COP27
Managing Director, Southern and Eastern Mediterranean Region at European Bank for Reconstruction and Development (EBRD), Heike Harmgart, said Egypt is…
ADX ranked first in Arab region in buy, sell transactions by foreign investors: AMF
The Arab Monetary Fund (AMF) said that the Abu Dhabi Securities Exchange (ADX) was ranked first in the Arab region…
Volante Technologies Research Reveals Middle East and Africa Financial Institutions Have Ambitious Payments Modernization Plans
Volante Technologies has announced that, according to new original research, banks and fintech firms in the Middle East and Africa…
Dubai's Damac explores $990mln investments in Germany
Dubai-based DAMAC Group is looking for opportunities to make €1 billion ($990 million) worth of investments in Germany, as part…
Dubai records over $463bln in real estate transactions on Monday
Dubai real estate market recorded 562 sales transactions worth AED1.42 billion, in addition to 75 mortgage deals of AED271.02 million,…
Saudi fintech firm Tamara raises $100mln from Sanabil, Shorooq Partners
Saudi Arabia's buy now, pay later (BNPL) start-up Tamara has raised $100 million in its latest investment round, bringing the…