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First Abu Dhabi Bank announces the sale of a 60% stake in Magnati to Brookfield Business Partners

First Abu Dhabi Bank today announced that it has signed an agreement for the sale of a 60% stake in its payments business Magnati,...

Capital Bank of Jordan launches Blink neobank using Codebase Technologies Digibanc platform

In March 2021, Capital Bank of Jordan partnered with Codebase Technologies to build Blink, the first digital-only neobank in Jordan. The project officially commenced...

MEA Finance and Volante Technologies will host a roundtable discussion with top banks and payments leaders, themed Modernization of the Payment Landscape

Top bank leaders will gather for an exclusive roundtable series discussion on 24th March 2022 at Four Seasons Jumeirah Beach  in Dubai, hosted by...

HSBC appoints new Head of Markets and Securities Services in the UAE

HSBC has appointed Nabeel Albloushi as Head of Markets and Securities Services (MSS) for the United Arab Emirates (UAE). Nabeel takes on the expanded...

Mashreq invests in NymCard as part of venture fund to support UAE FinTech ecosystem

Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the...

Emirates Development Bank and Dubai Islamic Bank sign MoU on credit guarantee for SMEs

The Emirates Development Bank, a key financial enabler of the country’s economic diversification and industrial transformation agenda, and Dubai Islamic Bank – the largest...

Al Etihad Credit Bureau launches ChequeScore mobile application

Al Etihad Credit Bureau (AECB) announced the launch of ChequeScore, an innovative mobile application that allows both businesses and individuals to instantly know how...

‘Phenomenal’ pace of Middle Eastern reforms and new working week will see capital inflows surge in the UAE

Economic reforms across the Middle East have set conditions for a surge of new liquidity into the region and a re-appraisal of prospects for...

MEA Finance Leadership Series: video interview with Jeremy Wilmot, Chief Product Officer at ACI Worldwide

In the latest MEA Finance Leadership Video Series, MEA Finance caught up with Jeremy Wilmot, Chief Product Officer at ACI Worldwide during his recent...

Bank ABC Islamic announces 2021 year-end net profit to US$29.9 million

Bank ABC Islamic has announced its financial results for the year ending 31 December 2021. The Bank delivered strong performance in 2021, closing the year...

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