Banking & Finance

Magnati partners with Careem to expand digital wallet services through Careem Pay

Magnati, has partnered with Careem to enable the launch of new payment services on and beyond the Careem app. Using the APIs that form the...

Bank Societe Generale expands client offering through DIFC

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, confirms Societe Generale’s license...

Modern and Mature

The demographics and demand exist, but are all the services in place to support a mature private banking and wealth management sector in the region? The Gulf Cooperation...

Mashreq launched ‘Supplier Finance’ program to provide SME’s easy access to cost-effective liquidity

Mashreq have launched their ‘Supplier Finance’ program to facilitate easy access to working capital for SMEs in the region. The new initiative leverages the credit...

Saudi Arabia’s exports to hit almost USD354bn by 2030

Future of Trade 2030: Trends and markets to watch – new research by Standard Chartered – projects that global exports will almost double from...

Commercial Bank of Dubai and Dubai Culture partners for smart banking solutions that meet the needs of Creative SMEs

Dubai Culture and Arts Authority (Dubai Culture) signed a partnership agreement with Commercial Bank of Dubai (CBD) to enable owners of creative small and...

First Abu Dhabi Bank announces the sale of a 60% stake in Magnati to Brookfield Business Partners

First Abu Dhabi Bank today announced that it has signed an agreement for the sale of a 60% stake in its payments business Magnati,...

Capital Bank of Jordan launches Blink neobank using Codebase Technologies Digibanc platform

In March 2021, Capital Bank of Jordan partnered with Codebase Technologies to build Blink, the first digital-only neobank in Jordan. The project officially commenced...

Mashreq invests in NymCard as part of venture fund to support UAE FinTech ecosystem

Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the...

Emirates Development Bank and Dubai Islamic Bank sign MoU on credit guarantee for SMEs

The Emirates Development Bank, a key financial enabler of the country’s economic diversification and industrial transformation agenda, and Dubai Islamic Bank – the largest...

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