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MEA Finance

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Middle East set to gain prominence amid global shifts

The UK’s largest wealth manager and financial advisory firm with over USD 220 billion funds under management, St. James Place (SJP), said the importance...

KBW Ventures engages local entrepreneurs through Mohammed Bin Rashid Innovation Fund Startup Clinic

Members of the KBW Ventures senior leadership team took part in a Startup Clinic staged by the Mohammed Bin Rashid Innovation Fund (MBRIF). The...

FAB Asset Management launches $200 million fixed maturity fund

The portfolio includes the second series of FAB’s conventional fixed maturity portfolio, following a successful first series roll-out in 2023

ADCB posts 30% growth in nine-month net profit

The bank’s total assets grew by 19% to AED 639 billion by the end of September 2024, with net loans and advances to customers increasing by 21%

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...

Magnati partners with Ajman Bank to enhance financial solutions for SMEs in the UAE

Magnati has partnered with Ajman Bank to launch an embedded finance solution aimed at supporting the growth of SMEs. This collaboration will provide seamless...

National Bank of Fujairah teams up with Intellect to deploy eMACH.ai Cloud for wholesale banking on Microsoft Azure

Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd  partnered with National Bank of Fujairah (NBF), an award-winning...

HyperPay and ACI Worldwide extend partnership to advance MENA’s AI-driven payment landscape

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...

Mastercard supports transformation of Saudi Arabia’s Digital Payment Ecosystem with the launch of local technology infrastructure

Mastercard announced the launch of world class technology infrastructure in Saudi Arabia that will enable the processing of ecommerce transactions locally, providing a seamless...

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...

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