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KSA and UAE accelerate the transition to immediate payments

The concept of immediate payments may date back to the 1970s, but the rollout of real-time payment (RTP) systems has only begun to accelerate...

additiv targets Middle East expansion with new regional headquarters and appointment of Managing Director for UAE

additiv, a global SaaS provider to the wealth management industry, announces the opening of a new office in Dubai as well as the appointment...

World Bank: Decisive action and change needed to reform and rebuild a better Lebanon

A new damage and needs assessment following the August 4 explosion that rocked the city of Beirut calls for building back a better Lebanon...

EdgeVerve Systems positioned a leader by Gartner for the Finacle Core Banking Solution

Infosys Finacle, part of EdgeVerve Systems announced that EdgeVerve Systems has been positioned as a Leader in Gartner’s Magic Quadrant for Global Retail Core Banking1 for...

Mashreq announces Rania Nerhal as Chief Client Experience & Conduct Officer for newly formed CXCG

Mashreq appointed Rania Nerhal as its Chief Client Experience & Conduct Officer. Rania will be leading the bank’s newly formed Client Experience & Conduct...

UAE residents confident in their skills to thrive despite COVID-19 slump

A Standard Chartered survey finds that COVID-19 is significantly impacting personal finances, with one-third of the global population already earning less, and more than...

Boursa Kuwait announces the listing of “KFH Capital REIT”

Boursa Kuwait announced the listing of "KFH Capital REIT" starting Tuesday, September 1, 2020, which is the first local real estate investment trust (REIT)...

Alkhabeer Capital achieves ISO 27001 certification

Alkhabeer Capital, the asset manager specializing in alternative investments announced that it has been awarded the International Organization for Standardization Certification for Information Security...

Edenred UAE launches new C3Pay mobile app with extended features to manage financial health

Payroll solutions provider Edenred announced the launch of its revamped mobile banking application, C3Pay, with the aim to offer its cardholders a seamless and...

Saxo Bank Group reported a net profit of USD 84.6 million for the first half of 2020

The Saxo Bank Group reported a net profit of USD 84.6 million for the first half of 2020 compared to a net loss of...

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