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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.

Islamic funds’ assets under management fall on rate rises

Islamic funds’ AuM fell by 4% quarter-over-quarter (QoQ) in the GCC, Malaysia, Indonesia and Pakistan.

NBK – Bahrain posts KWD 51.7 million in H1 2023 profit

NBK Group possesses a unique advantage as a result of its extensive geographical footprint

Middle East investors to infuse $120 billion in Egypt

The UAE invested in 71 projects worth a record $5.6 billion in 2021 alone, with the most significant being The Agtech Park.

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