Editors pick

KPMG: Mergers & acquisitions to gain pace in Insurance Sector in 2021

Saudi Arabia's insurance industry closed the financial year 2020 on a high note, as a result of the cumulation of government support and persistent...

Emirates NBD and MetLife form strategic partnership

Emirates NBD and MetLife have announced a strategic partnership to provide insurance products and solutions to the bank's extensive wealth, retail and SME customer...

Africa Finance Corporation hires Blackstone’s Zarou CEO, Sameh Shenouda, as CIO

Africa Finance Corporation, an investor in infrastructure solutions in Africa, announced the appointment of Sameh Shenouda as its new Executive Director and Chief Investment...

Al Ahli Bank of Kuwait (ABK) appoints Omar Wahby as Chief Executive Officer – UAE

Al Ahli Bank of Kuwait (ABK), announced the appointment of Omar Wahby as CEO – UAE.  Omar has over 25 years’ experience across many...

Mastercard launches its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC)

Mastercard launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC), the leading global financial center and largest fintech hub...

Virtuzone becomes the first company to accept Bitcoin payments for business setup in UAE

Virtuzone,a UAE based company formation specialists have announced that they now accept Bitcoin payments for business setup, becoming the first company in the industry...

GFH Financial Group acquires Lulu anchored mall in Hidd City

GFH Financial Group (“GFH”) has expanded its presence in the retail sector by acquiring 80% of Hidd Mall alongside a strategic investor. The 46,000 m2...

Mastercard Global Outlook 2021 highlights permanent shift to digital and opportunity to boost financial inclusion in the Middle East and Africa

The Mastercard Economics Institute has released Economy 2021 - a global outlook report providing detailed analysis of the economic impact of COVID-19 including permanent...

Checkout.com triples valuation to $15bn with $450m Series C Fundraise, accelerating global expansion

Checkout.com, a Connected Payments™ solutions provider, announced that it closed a $450 million Series C fundraising round. This gives the business a post-money valuation...

Dubai Economy signs MoU with Empay to accelerate cashless licensing transactions

Dubai Economy has signed a memorandum of understanding with the Emirates Payment Services to enable payments relating to commercial licences through the Empay smart...

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