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MEA Finance

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National Bonds sees portfolio jump 17% to AED 15 Billion amid growing demand for savings solutions

National Bonds announces a significant increase in its portfolio value, marking a 17% increase to AED 15 billion from December 2023 to date. This...

Ripple receives in-principle approval from the Dubai Financial Services Authority (DFSA)

Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC). This...

Oman’s NBO, PayByte partner to enhance digital payments

The collaboration is expected to drive the adoption of digital payment solutions in Oman, while contributing to the overall growth of the financial sector

UAE’s EDB commits to financing national development, SME growth

The UAE development lender reaffirmed its commitment to bridging the financing gap and prioritising strategic sectors

Magnati and RAKBANK partners to provide businesses with embedded finance solutions

Magnati has partnered with RAKBANK to launch an innovative merchant financing platform. This partnership enables SME merchants to access credit facilities through RAKBANK by...

Mastercard and Amazon Payment Services partners to enable digital payment acceptance across Middle East and Africa

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including...

AED1.1 billion Islamic Treasury Sukuk issued for September 2024

The Ministry of Finance (MoF), as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuance and payment agent,...

Saudi Awwal Bank partners with PayerMax to support digital payments ecosystem in the region

In a strategic move to enhance the digital payment ecosystem in Saudi Arabia, PayerMax, a global provider of payment solutions has announced a strategic...

WATCH: MEA Finance with GBM & Cisco host a roundtable discussion with leading banks

https://youtu.be/L5lbVRsiuwA Leading bank executives gathered for a roundtable discussion held on September 24th, 2024, at the Mandarin Oriental hotel in Dubai, for a roundtable event...

UAE crypto market expands 42% YoY, fueled by progressive government regulations and rising institutional investment

Despite a smaller population comparative to other countries in the Middle East and North Africa (MENA) region, the UAE has emerged as the region’s...

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