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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...

WATCH: MEA Finance interview at Fintech Surge 2024 with Mastercard

https://youtu.be/9_jEWIpToDY At Fintech Surge 2024, MEA Finance Magazine talked with Olivia Bellingham, SVP Account Management at Mastercard, where she points out that the GCC has...

MEA Finance interview at Fintech Surge 2024 with Ondato

https://youtu.be/1PB_OdLSojg Liudas Kanapienis, CEO and Co-founder of Ondato talked with MEA Finance Magazine at Fintech Surge 2024, saying how he’s noticed the rapid uptake of...

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