Editors pick

Mastercard and HyperPay sign a strategic partnership to expand digital payment rails across Middle East and North Africa

Mastercard, a technology leader in the global payments industry, has announced a strategic partnership Saudi Arabia-based HyperPay, the fastest growing e-commerce payments services provider in the...

flydubai and Standard Chartered sign Sale and Leaseback deal for five Boeing aircraft

Standard Chartered and Dubai-based carrier, flydubai, have successfully signed the Sale and Leaseback (SLB) agreement for five new Boeing 737 MAX aircrafts. Four aircrafts...

AECB introduces ‘Expense to Salary Ratio’ Indicator to Credit Reports

Al Etihad Credit Bureau (AECB) announced that the Credit reports will now include an ‘Expense to Salary Ratio’ (ESR). ESR appears as a indication...

Careem Pay launches digital wallet and peer-to-peer transfer in the UAE

Careem Pay introduces a digital wallet that stores real money for Customers in the UAE. Careem Pay is also launching the UAE’s easiest way...

DIFC launches first global venture Studio Launchpad to grow the “Ubiquitous Finance” ecosystem from Dubai

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced the launch of...

Green finance offers over 1 million GCC jobs and a $2 trillion GDP boost

By developing the right structure and mechanisms for green finance, GCC governments have the potential to unlock $2 trillion in cumulative GDP contribution, more...

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...

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