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MEA Finance

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Banking & Finance

National Bank of Umm Al Quwain achieves 385 million dirhams in net profits during the first nine months of the current year 2023

MEA Finance -
National Bank of Umm Al Quwain (NBQ) has reported a net profit of AED 385 million for the 9-months period ended on 30 Sep...
Editors pick

Al Fardan Exchange and HUAWEI Mobile Services sign MoU to strengthen business ties and brand presence

MEA Finance -
Al Fardan Exchange and HUAWEI Mobile Services (HMS) announced the signing of a Memorandum of Understanding (MoU) during the largest tech and start-up show...
Investments

Industry Ventures achieves final close of two funds at $1.7 billion with the support of Greenstone Equity Partners

MEA Finance -
Industry Ventures announced the close of their Secondary X Fund with over $1.45 billion in commitments and the close of Tech Buyout II Fund...
Technology

Instant Cash launches its Open API Solution to improve money transfer services for its partners

MEA Finance -
Instant Cash, a company within the FINTX portfolio, the fintech arm of Emirates Post Group, launched its new Open API platform (IC API). As...
Banking & Finance

Egypt’s Banque Misr secures $234 million from IFC to support SMEs

MEA Finance -
The loan to Banque Misr will catalyse job creation in Egypt through its focus on providing financing to micro and small businesses
Banking & Finance

Mastercard, tmam partner to help GCC SMEs digitise corporate expenses

MEA Finance -
The collaboration will help small businesses digitise their corporate expenses while saving money on company spending.
Banking & Finance

Emirates NBD, DIFC launch ‘National Digital Talent Incubator’ programme

MEA Finance -
The incubator programme will run two cohorts per annum, each consisting of three to six fintech startups with UAE national founders and members
Investments

Afreximbank, Morocco ink MoU for $1billion trade programme

MEA Finance -
Afreximbank will cooperate with relevant Moroccan entities and economic operators to develop and deploy appropriate project structuring and financing solutions.
Editors pick

Virtuzone offers free tax-ready service for small & medium-sized businesses to comply with the new UAE Tax Regulations

MEA Finance -
Virtuzone, the UAE’s leading and award-winning provider of company formation solutions, corporate services and tax consultancy, announced it will provide small and medium sized...
Technology

Backbase launches Grand Central, its new-gen integration solution, and dedicates $10 million fund to fuel innovation.

MEA Finance -
Backbase announces the launch of Grand Central, its groundbreaking Integration Platform-as-a-Service (iPaaS). This revolutionary offering is set to empower banks in expediting their modernization...
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