Banking & Finance

DIFC-based Tarabut Gateway becomes the first regulated Open Banking platform in the UAE after DFSA grants licence

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre...

First Abu Dhabi Bank withdraws its non-binding offer for majority stake in EFG Hermes Holding S.A.E.

After careful consideration and in the context of ongoing global market uncertainty and volatile macro-economic conditions, First Abu Dhabi Bank (FAB) has decided to...

Standard Chartered officially launches US$40m new head office building in Zambia

Standard Chartered Bank has officially launched its US$40m new head office building. President of the Republic of Zambia, Hakainde Hichilema officiated at the event and...

Mashreq NEO ties up with Federal Bank to facilitate NR Account opening for Indians in UAE

Mashreq NEO, a full-service digital bank from Mashreq Bank, announced a strategic partnership with Federal Bank, a leading financial institution in India to enable...

Mashreq and noon.com collaborate to launch VIP Savings Account

Mashreq and noon.com have partnered to launch the “Mashreq noon VIP Savings Account”. The initiative is the latest solution as part of a long-term partnership...

Magnati and Visa offer “Tap to Phone” solution in the UAE

Magnati has partnered with Visa to launch Tap to Phone in the UAE. The contactless solution facilitates acceptance of card payments through a smartphone. With...

Geidea announces expansion into UAE with Magnati partnership

Geidea announced that it has expanded its operations into the United Arab Emirates and will offer an extensive suite of value-added services and seamless...

Mashreq Bank launches NEOPAY to consolidate and grow its leadership in the digital payments space across the region

Mashreq Bank has completed the transition of its existing payments business into a new, wholly owned subsidiary, IDFAA Payment Services LLC, with a brand...

BankDhofar becomes the first Omani bank to raise a SOFR linked Dual Tranche Syndicated Term Facility

BankDhofar announced that it had successfully raised USD 400 million dual tranche syndicated term facility linked to Secured Overnight Financing Rate (SOFR). The syndication...

VIDEO HIGHLIGHTS: “Modernization of the Payment Landscape”, MEA Finance and Volante Technologies hosted a roundtable discussion with top banks and payments industry leaders

https://www.youtube.com/watch?v=W0N5X4UFxQ0 The event commenced with presentations about Driving Strategic Payments Modernization by Domenico Scaffidi, Vice President, Global Industry & Regulatory Affairs from Volante and Leading...

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