A new player has joined the market: SAMA certifies Marta as payment institution
The Saudi Central Bank (SAMA) has approved Marta, a Saudi Arabia-based fintech, as a Payment Institution (PI), allowing it to…
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ICSFS to showcase its innovative solutions at ICS Banks user group summit in Iraq
ICS Financial Systems has announced the success of its Iraq User Group Summit: “Accelerating Digitalisation and Innovation in Iraq”. ICSFS showcased…
Largest Institutional Investors and Asset Managers | UAE
Dubai currently ranks as the world’s 17th most important financial center according to the Global Financial Centre Index. Notably,…
DIFC Launches First Global Family Business and Private Wealth Centre
Dubai International Financial Centre has announced the launch of the first Global Family Business and Private Wealth Centre in the…
HSBC Hires Ex-Barclays Banker to Lead South Asia
An investment banking veteran previously with Barclays has joined HSBC to lead its South Asia business. HSBC has hired…
Saudi crown prince’s desert megacity is a classic case of billionaire hubris
There is something beguiling about billionaires’ trophy obsessions, no matter how ridiculously dystopian they are. Think of the billions being…
Keeping up with the future of finance
The financial service industry, specifically in banking, has been subject to immense change over the past few decades. The adoption…
Oman’s Sohar bank eyes merger with HSBC
Oman-based Sohar International bank said on Thursday that its board sent a letter to HSBC Oman proposing a merger. …
Dubai Chamber of Digital Economy announces formation of Dubai Digital Assets Business Group
H.E. Omar Sultan Al Olama: The new business group will accelerate digital transformation efforts to achieve the vision of His…
Forbes Middle East reveals the Middle East’s top 25 Fintech companies 2022
Payment gateway companies dominate the Fintech list. The UAE, Saudi Arabia, and Egypt comprise over 70% of the list. The…
SABB “Best bank for sustainable finance in the Kingdom” for 2022
The Saudi British Bank has been named the "Best Bank for Sustainable Finance in Saudi Arabia" for the year 2022…
UAE issues new reporting rules for real estate transactions to combat money laundering
The UAE has introduced new reporting requirements for “certain real estate transactions” conducted in the country to fight money laundering…