Banking & Finance

Mastercard Crypto Credential launches in the UAE and Kazakhstan, simplifying cryptocurrency transactions

Mastercard has introduced the latest expansion of its innovative Mastercard Crypto Credential solution to the UAE and Kazakhstan, marking its debut in the Eastern...

Ominvest secures $500 million credit facility from GIB, ABK and Gulf Bank

The financing deal will enable Ominvest to drive impactful investments and generate significant value for the firm and the economies it serves

ADIB Capital launches European Logistics Fund

The fund aims to address the growing market opportunity created by a structural shortage of sustainable logistics assets in Europe

Zand Bank, Klickl International partner to boost digital asset innovation

The neobank is the first in the UAE to launch digital asset custody services under its licence after receiving approval from the Virtual Asset Regulatory Authority

Checkout.com and Noqodi team up to transform payment services in the UAE

Global payment solutions provider Checkout.com, has entered a strategic partnership with noqodi, a payment gateway and financial service provider, to elevate the payment experience...

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

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...

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

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)...

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

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

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

The proceeds from the rights issue will be used to enhance capital buffers, fuel strategic initiatives and expand product and service offerings

Al Ansari, Halan partner to pioneer multiple financing services

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

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