Banking & Finance

Banking & Finance

Arcapita and DgPays consortium completes $385 Million acquisition of majority stake in NEOPAY from Mashreq

MEA Finance - 0
Mashreq, one of the MENA region’s leading financial institutions, announced the successful completion of the sale of a majority stake in NEOPAY, the UAE’s...
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Banking & Finance

Mastercard and Boost partner to fuel growth of MSMEs to accelerate cash digitization in FMCG distribution networks

MEA Finance - 0
Mastercard and Boost, the business-to-business (B2B) commerce platform, have partnered to drive the growth of small businesses operating in last-mile fast-moving consumer goods (FMCG)...
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Banking & Finance

Arab Financial Services (AFS) and Mediterranean Bank partners to introduce advanced card solutions in Libya

MEA Finance - 0
Arab Financial Services (AFS) signed a strategic agreement with Mediterranean Bank to support its USD international card program. Through this collaboration, AFS will deliver...
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Banking & Finance

Oman’s Sohar International completes $338 million rights issue, largest of 2024

MEA Finance - 0
The proceeds from the rights issue will be used to enhance capital buffers, fuel strategic initiatives and expand product and service offerings
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Banking & Finance

Al Ansari, Halan partner to pioneer multiple financing services

MEA Finance - 0
The partnership underscores Al Ansari and Halan’s shared commitment to enhancing financial inclusion while delivering cutting-edge solutions
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Banking & Finance

Sheikh Hamdan approves resolution to penalise non-compliant foreign banks

MEA Finance - 0
The resolution establishes measures to flag non-compliant foreign banks and specifies penalties for breaches of administrative guidelines
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Banking & Finance

Emirates NBD joins National Incubator Network

MEA Finance - 0
Through the National Incubator Network, Sandooq Al Watan aims to offer comprehensive support and development for SME initiatives
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Banking & Finance

ADCB, Ma’an partner to advance community engagement, social initiatives

MEA Finance - 0
ADCB is set to provide an estimated financial contribution of AED25 million over the next five years
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Banking & Finance

AlRayan Bank, HSBC complete debut Islamic ESG KPI-linked repo transaction

MEA Finance - 0
The bank offers a number of environmental, social and governance products, including green deposits and financing for electric vehicles
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Banking & Finance

AFS, Mediterranean Bank team up to introduce advanced card solutions in Libya

MEA Finance - 0
The payment solutions provider and fintech enabler will deliver comprehensive card processing and sponsorship services
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