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MEA Finance

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DIFC completes on-time repayment of USD 700mn sukuk

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced the full...

Infosys Finacle launches Data and AI Suite to help banks accelerate their AI Journey

 Infosys Finacle announced the launch of the Finacle Data and AI Suite, a set of solutions to empower banks to infuse AI into their digital operations...

Citi commemorates 60 Years in the United Arab Emirates

Citi commemorated its 60th anniversary in the UAE in an exclusive event in the presence of CEO Jane Fraser, attended by Citi’s global and...

UAE’s ADIB safely test fractional Sukuks offering to retail investors

The cooperation fosters a secure environment for technological advancement and accelerates the development and market availability of fractional Sukuks

UAE banking sector’s net international reserves hit AED 1.27 trillion

The latest data showed that the central bank accounted for AED 771.6 billion of the sector’s net international reserves at the end of July

Zand Bank partners with Alibaba Cloud and Ant Digital Technologies to accelerate adoption of Generative AI, Blockchain and Payment Technology

Zand Bank has announced its collaboration with Alibaba Cloud, digital technology and intelligence backbone of Alibaba Group and Ant Digital Technologies in the Middle...

Mastercard joins Buna, the Arab Regional Payment System

Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent...

RAKBANK partners with Paramount and Archer to Strengthen Governance, Risk, and Compliance (GRC) framework

RAKBANK has announced a strategic partnership with Paramount and Archer to implement a cutting-edge Governance, Risk, and Compliance (GRC) solution. This collaboration aims to...

Mastercard partners with PayMate to advance digitization of B2B payments across EEMEA

Mastercard has entered a multi-year partnership with leading B2B payments company, PayMate to enable fast, secure and convenient digital business-to-business (B2B) payments for organizations...

SiFi, a Saudi focused spend management platform, closes a $10M Seed Round led by Sanabil Investments and RAED Ventures

Simplified Financial Solutions Company (SiFi) announced the closing of its $10M seed round. The round was led by Sanabil Investments, a wholly owned company...

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