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MEA Finance

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September 2023



Arab Financial Services unveils 2nd gen digital payments solution

The service eliminates the need for additional hardware, allowing businesses of all sizes to effortlessly accept payments using their smartphones

Commercial Bank of Dubai advances customer experience with Freshworks

The bank has deployed over 60 automations that increase the productivity and effectiveness of its customer service team

Egypt seeks to raise $5 billion from state IPO program by mid-2024

The government collected $5 billion from offering stakes in 13 companies between March 2022 and July 2023

aiBANK, Visa partner to enhance digital payments

The duo aim to encourage customers to embrace electronic payment solutions across all segments by offering cutting-edge solutions

WATCH: Cloud Computing in Corporate & Transaction Banking : An Oracle Roundtable Event, Riyadh Aug 23, 2023

https://youtu.be/_Yt3cLDW_gs On the 23rd of August 2023, MEA Finance, in partnership with Oracle hosted a roundtable in Riyadh, Saudi Arabia. Focused on Corporate and Transaction...

Network International invests EGP 1 billion in Egypt

The payments firm plans to use part of the investment to acquire, deploy and maintain around 100,000 POS machines.

The UAE government partners with Mastercard to accelerate adoption of Artificial Intelligence

The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office and Mastercard today signed a Memorandum of Understanding to increase Artificial Intelligence (AI)...

FAB, Magnati strengthen digital positioning in KSA through partnership with Geidea

First Abu Dhabi Bank (FAB) and Magnati have joined forces in a strategic alliance with Geidea, Saudi Arabia's largest fintech company, to provide digital...

NBK-Egypt posts EGP 1.57 billion in half-year net profit

The bank’s net interest income soared by 88.2% to reach EGP 3.2 billion compared to EGP 1.7 billion a year ago.

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