Technology
HyperPay and ACI Worldwide extend partnership to advance MENA’s AI-driven payment...
HyperPay has formed an extended partnership with ACI Worldwide to facilitate AI-driven payment innovations across the MENA region. The partnership was signed on the...
RAKBANK selects Oracle Fusion Cloud Applications Suite to Accelerate Business...
Oracle today announces that UAE-based RAKBANK (National Bank of Ras Al Khaimah) has selected Oracle Fusion Cloud Applications Suite to make its business processes seamless, efficient and fit to support the bank’s rapid growth plans. With...
Banking & Finance
Mastercard partners with PayMate to advance digitization of B2B payments across...
Mastercard has entered a multi-year partnership with leading B2B payments company, PayMate to enable fast, secure and convenient digital business-to-business (B2B) payments for organizations...
FAB and Gilded launch digitally enabled physical gold investment for private...
FAB Private Banking, a division of First Abu Dhabi Bank (FAB), has partnered with financial technology firm Gilded to launch an innovative new physical...
Islamic Finance
Dubai Islamic Bank successfully issues additional Tier 1 Sukuk
Dubai Islamic Bank successfully issued a USD 500 million Additional Tier 1 Sukuk with a profit rate of 5.25% per annum. The Basel III-compliant...
Opinion Pieces
Wealth Transfer: Planning for a Smooth Transition
In February, the Dubai International Financial Centre (DIFC) launched a ‘Sustaining family business success’ programme with MIT Sloan Executive Education to provide higher education to...
Wealth Management
Santander Private Banking expands global presence with first regional headquarters in...
Santander Private Banking, has established a new office in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa,...
Editor's Pick
SiFi, a Saudi focused spend management platform, closes a $10M Seed...
Simplified Financial Solutions Company (SiFi) announced the closing of its $10M seed round. The round was led by Sanabil Investments, a wholly owned company...
Investments
New SNB Capital fund eases investor access to Nomu parallel market
SNB Capital has launched the SNB Capital Saudi Nomu Market Fund, providing retail investors with access to the Nomu parallel market without having to...
Interviews
WATCH: MEA Finance interview at Fintech Surge 2024 with Mastercard
https://youtu.be/9_jEWIpToDY
At Fintech Surge 2024, MEA Finance Magazine talked with Olivia Bellingham, SVP Account Management at Mastercard, where she points out that the GCC has...
Appointments
Citi appoints new Head of UAE Citi Commercial Bank
Citi announces the appointment of Vineet Vetts as Head of Citi Commercial Bank (CCB) for the United Arab Emirates, effective early November 2024.
In this...