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Standard Chartered’s first green trade finance facility inaugurated in the UAE

Standard Chartered has successfully executed its first green trade finance facility to support Amplus Energy Solutions FZE, a subsidiary of Amplus Solar, in its...

Network International introduces mobile N-Genius™ app to boost payment acceptance among UAE’s small businesses

Network International has introduced its N-Genius™ app as part of its continued commitment to support digital payment acceptance among UAE small businesses. The N-Genius™ app...

Mashreq Bank powers WeChat Pay in the UAE

Mashreq Bank today announced that it will provide WeChat Pay acceptance at select partners across the UAE. This comes following an agreement between Mashreq...

Saxo Bank appoints new CEO for the MENA region.

Saxo Bank announces the appointment of Damian Hitchen as new CEO of the MENA region. He will report directly to Chief Sales Officer Stig...

Private Equity headwinds?

The market to acquire or invest into middle market companies, the primary strategy of private equity funds, is overheated with ever increasing valuations which...

Saudi Arabia financial organisations under pressure to increase security

98 percent of IT decision makers working in banks and financial service institutions (FSIs) in Saudi Arabia are under pressure to level up their...

Emirates NBD records continued rise in instant contactless DirectRemit money transfers

Emirates NBD recorded an 15% increase in the number of transactions and 17% increase in the value of funds transferred via its 60 second...

Amana Capital appoints new CEO

Amana Capital, an online financial trading platform, announced the appointment of industry veteran Muhammad Rasoul as the new Chief Executive Officer for the organization....

Bahrain’s cashless payments surge to $3.62bn in first half of 2021

The number of POS and Ecommerce transactions in Bahrain shot up by 65% in August, year-on-year, reaching a total value of nearly $744 million...

Mashreq ramps up Asia operations with opening of its first representative office in Shanghai

Mashreq Bank has inaugurated its representative office in Shanghai amid a strategic push to expand its presence in China. The Shanghai representative office will serve...

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