Editors pick

GFH shareholders approve $60 million dividend in cash and bonus shares

GFH Financial Group concluded its Annual General Meeting (AGM) for the financial year ending 31 December 2021. Shareholders approved the Board of Directors’ recommendation...

Banking as a Service gains unstoppable momentum according to Finastra research

At its Finastra Forum flagship industry event in Dubai, Finastra today unveiled a market assessment report: ‘Banking as a Service: Outlook 2022 | Paving...

NBK launches sustainable financing framework

National Bank of Kuwait (NBK) launched its Sustainable Financing Framework as it continues to build a market-leading position in sustainable development, enabling and promoting responsible...

Network International and TerraPay complete first live African mobile wallet transaction

Network International and TerraPay, a global payments infrastructure company, facilitating digital transactions without borders, have successfully executed the first live African mobile wallet-based transaction...

Egypt based Lucky – announces its completion of a $25 million fund raise

Lucky, an Egypt based app for credit products, offers and cashback rewards, announces its completion of a $25 million fund raise. The funding round, which...

Commercial Bank of Dubai the first bank to host its AGM at Expo 2020

Commercial Bank of Dubai (CBD) announced that its board of directors and shareholders approved the ordinary and special resolutions during the Annual General Assembly...

MoU signed between AMF and The Jordan Payments and Clearing Company to facilitate instant payments between Jordan and the rest of the world

In a ceremony hosted by the Arab Monetary Fund at its headquarter in Abu Dhabi, UAE, Maha Bahou, CEO of The Jordan Payments and...

Dubai Islamic Bank gets students #Readyfortomorrow

From being a pioneer Islamic financial institution, the first in the world to today, the largest Islamic bank in the UAE and the second...

DIFC co-hosts the largest Dubai World Insurance Congress

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, along with Global Reinsurance...

AMF signs MoU with NPCI International Payments Limited to facilitate cross-border payments via Buna and Unified Payment Interface (UPI)

Mehdi Manaa, CEO of Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund (AMF), and Ritesh Shukla, CEO of NPCI...

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