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Interswitch and ACI Worldwide partners to drive Payments Modernization across Sub-Saharan Africa

ACI Worldwide and Interswitch Group, Africa’s leading integrated payments and digital commerce company, announces a new frontier in their 20-year-old relationship which consolidates Interswitch’s relationship...

Magnati and Sheikh Shakhbout Medical City collaborate to transform healthcare payments in Abu Dhabi

Magnati and Sheikh Shakhbout Medical City (SSMC), one of UAE’s largest hospitals and a joint-venture partnership between Abu Dhabi Health Services Company (SEHA) and...

Emirates NBD-Egypt signs EUR 30 million loan deal with Hayat Egypt

The investment not only enhances Hayat Egypt’s financing base but also creates a local partnership in a challenging financial market.

Mashreq provides Chalhoub Group with its debut Sustainability-Linked Working Capital Facility, reinforcing commitment to ESG

Mashreq has extended to Chalhoub Group its first Sustainability-Linked Working Capital Facility in a strategic move that underscores the growing importance of sustainable financing...

Virtuzone pioneers the world’s first business setup AI chatbot: ChatVZ

Building on the successful launch of its suite of AI-powered tools, Virtuzone further cements its position as a leading innovator in the company formation...

Al Ramz Corporation PJSC appoints Yazan Abdeen as Chief Executive of Asset Management

Al Ramz Corporation PJSC announced the appointment of Yazan Abdeen as chief executive of its asset management business. Yazan will spearhead Al Ramz's distinguished asset...

48% of people in UAE are likely to send more cross-border payments in the next year

Mastercard’s Borderless Payments Report 2023 reveals that 48% of people in the UAE expect to send cross-border payments more frequently in the next 12...

Dubai Financial Market and Shanghai Stock Exchange sign MoU to advance cross-border collaboration

The Dubai Financial Market (DFM), Nasdaq Dubai, and Shanghai Stock Exchange (SSE) announced the signing of a Memorandum of Understanding (MoU) to further strengthen...

ADIB partners with Visa to launch Installment Solution in UAE

Abu Dhabi Islamic Bank (ADIB) in partnership with Visa has introduced the new Visa Installments Solution (VIS) for its cardholders in the UAE. Under the...

Central Bank of Bahrain issues new ESG reporting framework

The framework provides listed companies with guidelines on the reporting requirements for ESG factors

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