Editors pick

Alaan launches UAE’s first business card with up to 2% cashback

Alaan, a UAE-based corporate spend-management fintech, announced the launch of an industry-first business cashback card. The startup previously had raised $2.5M in seed funding...

Dubai Clear and Saudi’s Securities Clearing Center Company “Muqassa”, cooperation

Dubai Clear, a subsidiary of the Dubai Financial Market (DFM) and The Securities Clearing Center Company “Muqassa”, a subsidiary of Saudi’s Tadawul Group, signed...

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...

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