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AlfaNow enters the Oman market through a partnership with First Exchange, expanding its GCC footprint

AlfaNow, a cross-border payments platform built for how the world moves money today, has announced its official expansion into the Sultanate of Oman through...

Al Ansari Financial Services’ operating income rises 9% to AED 321 million in Q1 2026 amid regional headwinds

Al Ansari Financial Services PJSC, a financial institution in the GCC, delivered continued operating income growth in the first quarter of 2026, reporting a...

From digital banking to AI-native banking: why execution will define the next phase of growth in the GCC

Over the past decade, banks across the GCC have moved faster than many of their global counterparts in embracing digital transformation. From mobile-first platforms...

Islamic Banking as blueprint for regional financial resilience

The GCC stands at an inflection point in financial services development. The region has built world-class regulatory frameworks, attracted significant capital, and created banking...

Al Ramz announces IPO for two new GCC-focused investment funds

Al Ramz Corporation PJSC, a financial services institution with a 25-year legacy in capital markets, announced the Initial Public Offering (IPO) of two new...

UAE financial system more secure, efficient than ever before, says CBUAE

The total number of ATMs of banks operating in the UAE reached 4,654 in 2023

Paymob, Tamara partner to advance GCC SMEs growth

The deal between two of the MENA region’s fastest-growing fintech companies creates a payments ecosystem that enables merchants to offer seamless customer experiences

UAE central bank joins Gulf Payments Company’s AFAQ

AFAQ offers the service of executing financial transactions in local currencies to customers across the region in real-time with lower fees.

Egypt’s credit score downgraded by Fitch Ratings to ‘B-‘

The ratings agency said it expects Egypt to face a significant rise in external debt maturities in fiscal years ending June 2024 and June 2025

Mastercard, tmam partner to help GCC SMEs digitise corporate expenses

The collaboration will help small businesses digitise their corporate expenses while saving money on company spending.

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