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MEA Finance

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Egypt’s Banque Misr invests in auction platform BELMAZAD

BELMAZAD aims to digitize traditional auction processes by reducing reliance on manual interventions

Liv signs MoU with Ctrl Alt to explore tokenisation of real-world assets

Liv, UAE’s first digital bank launched by Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has...

Eastnets launches Instant Payments Access as-a-Service to support Buna’s IPS

Eastnets, a global provider of financial crime and payment solutions for the financial services sector, has launched Instant Payments Access as a Service (IPAaaS),...

MENA region leads global growth in luxury travel, reveals Mastercard Affluent Travel report

The Middle East and North Africa (MENA) region has emerged as one of the main regions driving growth in affluent travel, recording high spends,...

Maktoum bin Mohammed engages with global policy makers and financial industry leaders at the second Dubai FinTech Summit

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the...

Kuwait’s NBK sells alternative investments business to Janus Henderson

Janus Henderson plans to launch several emerging markets-focused alternative strategies in the second half of 2024

Bank of Sharjah reports net profit of AED80 million in Q1 2024

The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness

Checkout.com and Mastercard partner to bring virtual cards to online travel agents

Checkout.com has announced a partnership with Mastercard to bring virtual cards to Online Travel Agents. As part of the Mastercard Wholesale Program, which reduces costs for...

DIFC announces consultation for amendments to DIFC Law on application of Civil and Commercial Laws

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, proposes to enact amendments...

First Abu Dhabi Bank posts 6% rise in Q1 profit to AED 4.2 billion

The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio

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