Shareholders approve merger of Qatari lenders Masraf Al Rayan, Al Khalij
Qatari lender Masraf Al Rayan’s shareholders have approved the proposed merger with Al Khalij Commercial Bank in a move that…
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QIB wins three accolades at Asset Triple A Islamic Finance Awards 2021
Qatar Islamic Bank, has received the “Islamic Bank of the Year”, “Islamic Issuer of the Year - Financial Institution”, and…
UAE crypto asset exchange BitOasis closes $30mln funding
UAE-based crypto asset exchange BitOasis has closed a $30 million Series B funding round led by Chicago-based Jump Capital and…
Most GCC equity markets edged higher in September
Most GCC equity markets reported marginal gains during September, according to the GCC Markets Monthly Report by Kamco Invest. Dubai,…
DIFC simplifies and clarifies employment law in amendments
The Dubai International Financial Centre has enacted changes to its employment law to bring in a number of clarifications and…
Dubai Financial Services Authority provides right regulatory framework for future of finance
The Dubai Financial Services Authority (DFSA), the independent financial regulator of the Dubai International Financial Centre (DIFC), continues to enhance…
How Investment Funds Can Drive the Green Transition
Sustainable investment funds need to be scaled up to support a successful transition to a green economy The transition…
Saudi Arabia Tourism Development Fund launches digital lending service with Temenos
Temenos has announced that Saudi Arabia’s Tourism Development Fund (TDF) has gone live with a digital lending service on Temenos…
Emirates NBD set to expand its presence in India with an approval for two new branches
Emirates NBD, a leading banking group in the MENAT (Middle East North Africa and Turkey) region, has announced plans for…
Global Processing Services Continues International Expansion with Launch of MENA Headquarters
Global Processing Services (GPS), the Paytech Pioneer™ behind some of the world’s biggest fintech challengers, today announces that it has…
Qatar Fintech Hub releases report on state of fintech in Middle East
Qatar FinTech Hub (QFTH), founded by Qatar Development Bank (QDB) to support the growth of the FinTech sector in Qatar,…
UAE to raise around $3 billion via debut bonds
The UAE is expected to raise between $3 billion and $3.5 billion from its debut bond sale, Khaleej Times reported.…