Editors pick

MUFG Research: Contours of the GCC ESG ecosystem set to accelerate

The GCC is undergoing a series of impactful transitions, ranging from energy and fiscal reforms to market dynamics and now a burgeoning ESG agenda,...

Optimum Asset Management signs distribution agreement with Greenstone Equity Partners

Optimum Asset Management, a boutique real estate investment manager, has signed an exclusive distribution agreement with Greenstone Equity Partners, a leading capital raising firm...

UAE’s financial wealth to grow by 6.7% annually, reaching USD 1 trillion by 2026

The United Arab Emirates (UAE) financial wealth will experience a sturdy Compound Annual Growth Rate (CAGR) of 6.7% in new wealth, rising from USD...

Purpl partners with Mambu to ease money transfers to Lebanon

Purpl, a remittance and cash out aggregator combined with a digital wallet for Lebanon, today announced it has selected Mambu to scale operations in...

Commercial Bank International (CBI) is the first UAE bank to be in the Metaverse

Commercial Bank International announced that it is the first ever bank in the UAE to launch a virtual location in the Metaverse. CBI, a UAE...

Fintonia Group awarded provisional Virtual Assets License in Dubai

Fintonia Group (Fintonia), an entrepreneurial financial services company based in Singapore, announced today that it has secured a provisional virtual asset license granted by...

Arab Financial Services expands its digital payments solutions into Egypt

Arab Financial Services (AFS) has announced plans to expand its payments footprint into Egypt, with the establishment of its Egypt hub. AFS (Egypt) will...

Standard Chartered announces EUR 104 million of Social Loan financing to restore road infrastructure in Côte d’Ivoire

The funds go towards upgrading a stretch of the ‘coastal’ road that connects the country’s two main port cities, Abidjan and San Pedro, for...

Mambu enters strategic partnership with Visa

Mambu announced a global partnership with Visa in order to utilise Visa DPS – one of the largest processors of Visa debit transactions globally....

Standard Chartered: “Opportunity to earn income in light of torn Central Banks”

Standard Chartered announced its investment outlook for the second half of 2022. In its report, titled “Walking a tightrope”, the bank highlighted key opportunities...

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