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Fintech Galaxy launches open innovation platform FinX22, fostering financial inclusion and facilitating collaboration in the ecosystem

Fintech Galaxy, the UAE-based cross-border fintech marketplace and innovation crowdsourcing platform, announced today that it has launched FinX22, its cloud-based open Innovation platform that...

Network International provides an update for first half of 2020 trading performance

Network International Holdings plc provides an update on trading performance in the first half of the financial year and outlook for the remainder of...

Abu Dhabi Islamic Bank raises foreign ownership to 40%

Abu Dhabi Islamic Bank (ADIB) announced raising the percentage of foreign ownership to 40%, from 25%, of its issued capital effective from today. The...

Path Solutions top IBS Islamic Sales League Table 2020

 Path Solutions was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020.  For...

Midchains, Abu Dhabi based virtual asset trading platform closes latest funding round

MidChains today announced that it has closed its latest funding round with investments from Mubadala Capital, the asset management arm of Mubadala Investment Company;...

Daman Investments leads the successful capital raising for Spotii

Daman Investments leads the successful fundraising for Spotii, an innovative digital payments platform focused on fashion, beauty and lifestyle brands across the GCC e-commerce...

ADIB records surge in demand for digital banking services

Abu Dhabi Islamic Bank (ADIB) has recorded high levels of digital adoption across its retail and corporate banking services in the first half of...

Deem launches its second branch as part of its strategic expansion plans in the UAE

Deem Finance is continuing its expansion in the United Arab Emirates with the launch of a second branch in Burjuman Mall in Dubai, UAE....

Finance House launches “Al Rabeh Guarantee” to support local businesses

Finance House announced the launch of its “Al Rabeh Guarantee”, the redefined letter of guarantee service, specially designed to tackle challenges that businesses face...

Nahdi Medical Company has digitally transformed its financial management, payment systems, and financial planning with Infor

Infor today announced that Nahdi Medical Company, a Saudi Arabia-based pharmacy retail chain, has digitally transformed its financial management, payment systems, and financial planning...

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