UAE's credit bureau introduces app to curb bounced cheques
The UAE’s Al Etihad Credit Bureau (AECB) has launched a mobile application which can assess how likely a cheque will…
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Saudi fintech firm EdfaPay raises $1.6mln
Saudi-based fintech company EdfaPay has raised 6 million riyals ($1.6 million) in a pre-seed round. The funding round was…
Realize your organization’s potential with Bank Muscat Corporate Banking Solutions
In line with its customer-centric vision, Bank Muscat, the leading financial services provider in the Sultanate, continues to launch new…
President Kenyatta welcomes UAE's plan to establish an Innovation and Entrepreneurship Centre in Kenya
President Uhuru Kenyatta has welcomed an announcement by the United Arab Emirates (UAE) to establish an innovation and entrepreneurship centre…
Lebanon's banks scale back operations to weather financial crisis
Once the economy's crown jewel, Lebanon's banks are shutting branches and laying off employees in droves, resizing to the bleak…
EIBFS is committed to creating bankers for future: Al Jassimi
Emirates Institute for Banking and Finance Studies (EIBFS) is committed to training world-class finance professionals in sync with UAE’s vision…
Second-Biggest Saudi Arabian Bank Plans $4 Billion Capital Boost
Al Rajhi Bank plans to boost its capital by $4 billion as the second-biggest Saudi Arabian lender looks to grow…
AI wealth manager FinaMaze opens the metaverse to UAE investors
FinaMaze, a hybrid asset manager regulated by The Abu Dhabi Global Market, will open an investment portfolio on Tuesday that…
Saudi Arabia real estate: Vast majority of kingdom’s richest want to buy a new home in next 12 months
Nearly three-quarters, 73 percent, of high net worth individuals (HNWI) in Saudi Arabia are planning to buy a second home…
This country says it has no plans to introduce income tax for now.
Just weeks after the United Arab Emirates unveiled a new company levy as part of an effort to shed its…
NBK launches Its Salary Acquisition Campaign
National Bank of Kuwait (NBK) continues launching outstanding campaigns aiming to offer unique rewards to its customers. This year,…
Gulf banks to offer $250 million loan to Banque Misr
A consortium of Gulf banks, including Saudi Arabia’s Al Ahli, UAE’s Abu Dhabi Commercial Bank and Emirates NBD, and Qatar’s…