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
Magnati partners with Ajman Bank to enhance financial solutions for SMEs...
Magnati has partnered with Ajman Bank to launch an embedded finance solution aimed at supporting the growth of SMEs. This collaboration will provide seamless...
Mastercard supports transformation of Saudi Arabia’s Digital Payment Ecosystem with the...
Mastercard announced the launch of world class technology infrastructure in Saudi Arabia that will enable the processing of ecommerce transactions locally, providing a seamless...
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
Arab Financial Services (AFS) secures $50 Million capital investment
Arab Financial Services (AFS), a pioneering digital payments solutions provider and fintech enabler in the Middle East and Africa, has raised $50 million in...
Investments
GFH US$500 Million 5-Year Sukuk Over Subscribed
GFH Financial Group announced the successful pricing of a US$500 million 5-year Sukuk, marking the extension of its international Sukuk programme.
The final orderbook closed...
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 Financing for Investment Banking
Citi announced that Achintya Mangla will join the bank as Head of Financing for Investment Banking, effective today September 4.
In this newly created role,...