Banking & Finance

Bahrain’s NBB, ARP Digital launch Bitcoin-linked Investment

The product meets the demand for risk-averse investors seeking exposure to Bitcoin, while fully insulating their principal investment from market fluctuations

AFS partners with Zand Bank to empower FinTech Innovation

Arab Financial Services has signed a strategic agreement with Zand. This collaboration aims to provide Fintechs and emerging players with AFS's cutting-edge processing services...

Dubai Islamic Bank successfully issues additional Tier 1 Sukuk

Dubai Islamic Bank successfully issued a USD 500 million Additional Tier 1 Sukuk with a profit rate of 5.25% per annum. The Basel III-compliant...

Bank of Sharjah acts as joint lead manager & bookrunner in a US$ 750 mln Sukuk Issuance for the Government of Sharjah

Bank of Sharjah acted as a Joint Lead Manager in the successful issuance of a US$ 750 million, 10.5-year U.S. dollar-denominated 144A/Reg S Sukuk...

Mashreq collaboration with Al Etihad Payments expands payment options for customers in the UAE

Mashreq announces it has further expanded payment options for customers across the UAE with acceptance of Jaywan cards on all NEOPAY terminals. Jaywan is a...

Deem Finance launches Financial Wellness Index in partnership with YouGov

Deem Finance announces the launch of the UAE’s first comprehensive Financial Wellness Index, Deem Pulse. This pioneering index, developed in collaboration with YouGov, provides a...

Jeel and Eastnets partner to enhance Saudi Arabia’s financial ecosystem with advanced Anti-Financial Crime Solutions

Jeel, the digital innovation arm of Riyad Bank, has signed a Memorandum of Understanding (MoU) with Eastnets, a leading global provider of anti-financial crime...

EGYPTAIR partners with Amazon Payment Services and Banque Misr to enable seamless and secure online payments for travellers

Egypt's national airline, EGYPTAIR, Amazon Payment Services, a leader in digital payments throughout the Middle East and North Africa (MENA), and Banque Misr, the...

Ripple receives in-principle approval from the Dubai Financial Services Authority (DFSA)

Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC). This...

Oman’s NBO, PayByte partner to enhance digital payments

The collaboration is expected to drive the adoption of digital payment solutions in Oman, while contributing to the overall growth of the financial sector

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