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Careem Pay launches digital wallet and peer-to-peer transfer in the UAE

Careem Pay introduces a digital wallet that stores real money for Customers in the UAE. Careem Pay is also launching the UAE’s easiest way...

VIDEO: Leadership Series Interview with Saqib Khan, Regional Head of Backbase

In our latest Leadership Series Video, MEA Finance Magazine caught up with Saqib Khan, Regional Head of the Middle East for Backbase

DIFC-based Tarabut Gateway becomes the first regulated Open Banking platform in the UAE after DFSA grants licence

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre...

Banque Saudi Fransi selects Backbase’s engagement banking platform to elevate customers digital experiences

Banque Saudi Fransi (BSF) has announced a new partnership with Backbase, the leading engagement banking platform provider, to transform BSF’s digital customer experiences. The Backbase...

GFH launches “Prime” programme to reward top shareholders

GFH Financial Group announced a new shareholder loyalty programme “Prime”, which provides rewards and incentives for loyal shareholders. GFH Prime provides shareholders with exclusive benefits...

First Abu Dhabi Bank withdraws its non-binding offer for majority stake in EFG Hermes Holding S.A.E.

After careful consideration and in the context of ongoing global market uncertainty and volatile macro-economic conditions, First Abu Dhabi Bank (FAB) has decided to...

Saudi Real Estate Refinance Company (SRC) successfully closes its SAR 10 billion Domestic Sukuk Program

The Saudi Real Estate Refinance Company (SRC) announced it had successfully closed its 10 billion Saudi-Riyal denominated Sukuk program following the completion of the...

Standard Chartered officially launches US$40m new head office building in Zambia

Standard Chartered Bank has officially launched its US$40m new head office building. President of the Republic of Zambia, Hakainde Hichilema officiated at the event and...

Mashreq NEO ties up with Federal Bank to facilitate NR Account opening for Indians in UAE

Mashreq NEO, a full-service digital bank from Mashreq Bank, announced a strategic partnership with Federal Bank, a leading financial institution in India to enable...

National Bonds investments up 36% to 11.89 billion marking significant shift in savings behavior across UAE

National Bonds, the UAE’s Shari’a-compliant savings and investment company owned by the Investment Corporation of Dubai, saw its investments increased by 36% to AED...

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