Editors pick

HSBC acts as sole ESG structuring agent for Saudi National Bank’s sustainable finance framework

Saudi National Bank (SNB) has become the first commercial banking group in the Kingdom to establish a Sustainable Finance Framework, with HSBC acting as...

Shareholders complete acquisition of majority stake in Dubai Bank from Emirates NBD bringing the launch of independent digital bank Zand closer

The shareholders of Zand, the first digital bank to provide both retail and corporate services, have successfully completed the acquisition of the majority of...

ila Bank collaborates with Arab Financial Services to power its Blue & Switch credit cards

With consumer preferences for digital payments rapidly increasing, Arab Financial Services (AFS) has collaborated once more with Bahrain’s first cloud-based digital, mobile-only bank, ila, powering...

The role of digital currencies in global financial inclusion

https://youtu.be/7FS4hn6AmJY Digital currencies offer an ideal opportunity for broader, more equitable inclusion in the global financial ecosystem. With an estimated 1.7 billion around the world...

Checkout.com marks major growth milestones across MENA

With over 200 million people across the Middle East, North Africa and Pakistan shifting primarily to eCommerce since the start of the pandemic, Checkout.com...

UAE mid-market firms must plan for inflation

Companies in the UAE must start planning for rising costs in 2022 and 2023, says a senior corporate banking executive from Mashreq Bank. “Inflation is...

The Arab Monetary Fund (AMF) announces an MoU with Mastercard to join forces in facilitating the growth of payments activities across MENA region and...

The Arab Monetary Fund (AMF) and Mastercard, announced today the signing of a Memorandum of Understanding (MoU). Under the terms of this MoU, Mastercard...

Magnati milestone: du in partnership with Magnati achieves one of the region’s highest digital payment acceptance rates for online transactions

Magnati, a fully-owned subsidiary of First Abu Dhabi Bank (FAB), has supported du, from Emirates Integrated Telecommunications Company (EITC), in achieving one of the...

Bahrain’s National Bureau for Revenue named as Leading MENA Digital Innovators by SAP

Bahrain’s leading innovator, National Bureau for Revenue, is supporting the Middle East and North Africa (MENA)’s IT market to top USD 77 billion in...

Arab Financial Services to raise US$ 98 million to support growth strategy

The shareholders of payment solutions provider and fintech enabler in the MEA region, Arab Financial Services Company (“AFS”)decided to increase the company’s authorised share...

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