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PayPal quarterly payments jump 85% in three years to hit 3.2 billion in March 2020

Smart devices and a booming global eCommerce market have driven the rapid adoption of digital payments worldwide. Digital payments have changed the payment industry...

Standard Chartered Bank contribute to Ma’an’s ‘TOGETHER WE ARE GOOD’ programme

Standard Chartered Bank has generously contributed 15,000 specialist N95 protective masks to the Authority of Social Contribution – Ma’an’s ‘Together We Are Good’ programme. Joining...

Gulf Capital sells Metamed to Ray Lab and a consortium of global investors in a secondary private equity transaction

Gulf Capital, announced today that it has successfully completed the sale of Metamed, the region’s largest diagnostic imaging network, to Ray Lab, owned by...

Investcorp closes €340 million for second Italian NPL fund

Investcorp, a provider and manager of alternative investment products, today announced the fully subscribed final closing of approximately €340 million in commitments for its...

NGRAVE Launches Pre-Orders for Cryptocurrency Hardware Wallet.

Digital asset security company NGRAVE today announced that its flagship product, the NGRAVE ZERO, is now available to pre-order. It is the...

RFI Foundation and DDCAP Group release a “SME market influencer” case study and podcast

RFI Foundation and DDCAP Groupare announced the release of a case study and podcast showing how DDCAP’s experience demonstrates how SMEs can influence others...

EFG Hermes reports EGP 965 million in group revenues and net profit of EGP 90 million in 1Q20 as it adopts prudent measures in...

EFG Hermes, reported today a net profit after tax and minority interest of EGP 90 million in 1Q20, on revenues of EGP 965 million,...

UAE Bank Federations’s CEO’s advisory council hosted a virtual meeting to discuss latest developments and initiatives in UAE banking sector

The CEO’s Advisory Council of the UAE Banks Federation (UBF) held a virtual meeting today to discuss the gradual reopening of the economy, and...

Dubai SME allocates AED 20 million to guarantee capital for SMEs through The Fund & Beehive partnership

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has allocated AED 20 million for the...

Ministry of Finance holds remote training session on financial systems (Payment System)

The Ministry of Finance (MoF) held a remote training session for users of the federal financial system - Oracle - in government entities. The...

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