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Mastercard welcomes NymCard as Principal Mastercard Issuer to boost UAE fintech landscape

Mastercard has certified NymCard, a plug-and-play banking-as-a-service (BaaS) provider, as a Principal Mastercard Issuer in the UAE. The milestone announcement marks the first time...

Daman and Emirates NBD launch new ‘Early Payment Scheme’ aiming to benefit 2,000 UAE medical facilities covering AED 4 billion of claims payment

Designed to support businesses operating in the United Arab Emirate’s vital healthcare sector, the National Health Insurance Company – Daman, and Emirates NBD, a...

Mashreq launches Neo NXT – digital banking for Generation NXT

Mashreq launched Neo NXT, a digital banking proposition for Generation NXT. Residents in the UAE, who are parents of 12–18-year-olds, will be able to...

FAB Egypt announces new brand “FABMISR” after merger of Bank Audi Egypt’s Assets and approval of CBE

First Abu Dhabi Bank (FAB) Egypt has announced the completion of the legal merger of Bank Audi Egypt, where all the bank’s assets in...

Gulf International Bank celebrates the opening of its new Abu Dhabi offices

Gulf International Bank (GIB) announced the official opening of its new larger offices in the Nation Towers in Abu Dhabi. CEO of GIB B.S.C.,...

Paladin partners with Greenstone to achieve final close of Cyber Fund II at $372 million

Paladin Capital Group announced the close of their Paladin Cyber Fund II at $372 million, exceeding their initial target of $250 million. Paladin’s Cyber...

VIDEO: Seamless 2022 – MEA Finance interview with Bassem Awada, GM, MENA, at TerraPay

https://youtu.be/L7uIK7DPEsw   At Seamless 2022, MEA Finance met with Bassem Awada, GM, MENA, at TerraPay, the digital payments infrastructure and solutions platform describing itself as providing...

In Tune With The Times

COP 27 and COP 28 will both take place in the Middle East, what could this mean for banks operating in the region? We think...

ADEX signs financing agreement with Capital Bank of Jordan to boost national exports

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), signed a financing agreement with Capital Bank of Jordan,...

Walton Global and Rockpoint announce a $300M joint venture to develop build-to-rent communities

Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, announced today a joint venture with Rockpoint, a...

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