Ajman Bank has signed a financing agreement with local developer Arada that will provide AED152 million to finance the construction of two key projects within the fast-growing Aljada mixed-use...

Mastercard Installments BNPL program gives consumers in the UAE and Saudi Arabia more payment choices wherever they shop

Mastercard has expanded Mastercard Installments, its unique and innovative Buy Now, Pay Later (BNPL) program that delivers greater choice at checkout, both in-store and online, to...

KPMG: Saudi Arabian insurance firms pursued digitalization and expected to close year-end with higher top-line

Insurance companies in Saudi Arabia continued their top-line growth momentum at the end of Q3 2021, with a matching trend foreseen for year-end, KPMG...

Abu Dhabi Islamic Bank appoints new Head of Private Banking

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, today announced the appointment of Dr. Amer Alameri as the bank’s new Head of...

Technology

Mambu and Volante Technologies join forces to pioneer Cloud-Native Banking and...

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Market-leading SaaS banking platform Mambu, and global provider of cloud payments and financial messaging solutions, Volante Technologies, announced a pioneering collaboration to help banks and lenders...

FinaMaze launches “Future Sustainable Mobility” smartfolio

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ADGM-based digital wealth manager FinaMaze launched its latest sustainability-themed smartfolio: ‘Future Mobility’. The newest FinaMaze smartfolio gives private investors exposure to over 50 companies...

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Editor's Pick

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Banking & Finance

DFSA grants ABK DIFC Branch Category 1 Banking License

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DIFC announced today that it has been awarded a ‘Category 1 Banking License’ by the Dubai Financial Services Authority (DFSA). The license upgrade allows...

Citi launches sustainability-linked supply chain financing in Algeria

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Citi has launched its first Middle East and North Africa (MENA) Sustainability-linked Supply Chain Finance (SSCF) program in Algeria with the aim of supporting...

Islamic Banking

New report explores global attitudes to Islamic Wealth Management

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A landmark study into global attitudes towards Islamic wealth management has provided unique insights into the evolving needs of Muslim high-net worth individuals and...

Opinion Pieces

Crypto: The highlights of 2021 and what to expect in 2022

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On the first weekday of the new year, we are looking back at crypto market in 2021 but also portraying what we expect will...

Wealth Management

FNZ to acquire Appway to accelerate financial institutions’ digital transformation and...

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FNZ, a leading global wealth management platform, today announced that it has agreed to acquire Appway, taking the lead in client onboarding and client...

Editor's Pick

Investments

GFH spins out infrastructure investments into newly established “Infracorp”

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GFH Financial Group (GFH) announced the spinning out of its infrastructure and real estate assets under the newly established “Infracorp” capitalized with more than...

Interviews

Appointments

Azentio Software announces new Board Member

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Azentio Software, a global information technology company, announces the appointment of Aliza Knox as a Non-Executive Director to the Board. Aliza brings to Azentio a...

MEDIA/VIDEOS

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