Mobile Financial Services (MFS) providers must increasingly focus on advanced services like sophisticated micro-finance services loans overdrafts BNPL investments merchant payments and bulk payments. By...

Oman Banks Association s (OBA) Board elections took place at the recent Annual General Meeting (AGM) of the bank. The newly elected Board of Directors held its meeting following the AGM appointing Abdul...

Al Yah Satellite Communications Company the UAE s flagship satellite solutions provider has announced the appointment of Amit Somani as Chief Growth and Strategy Officer. Somani a veteran of the satellite...

ACI Worldwide has announced a 10-year partnership with Arab Financial Services (AFS) to drive digital payments modernisation for banks fintechs and merchants across the region. Regulated by the Central...

AD Ports Group has seen a stellar year of intelligent internationalisation entering new markets and completing major acquisitions even as it made a net profit of AED1.4 billion ( 380 million) in 2023....

The Saudi Exchange has marked a major milestone welcoming its 400th listing across all securities. This achievement highlights the exchange s pivotal role in the kingdom s economy underpinned by robust...

Sohar International the fastest-growing bank in Oman has shown remarkable growth among top banks in the GCC achieving top rankings in Total Assets and Return on Equity (ROE) among all GCC banks. Sohar...

Visa a leader in digital payments has announced the continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. The new...

Mobile Financial Services (MFS) providers must increasingly focus on advanced services like sophisticated micro-finance services loans overdrafts BNPL investments merchant payments and bulk payments. By...

ZainTECH the integrated digital solution provider of Zain Group has entered into a Share Purchase Agreement (SPA) with Redington an international technology solutions provider to acquire its Consulting...

SICO a leading regional asset manager broker and investment bank was named the Best Investment Bank in Bahrain at the 2024 Global Finance World s Best Investment Banks Awards for the fifth consecutive...

Abu Dhabi Islamic Bank (ADIB) a leading financial institution has announced the appointment of Talha Karim as its new Group Chief Risk Officer. In his role Karim will play a pivotal part in further strengthening...

Islamic Arab Insurance Company (Salama) reported takaful revenue of AED1.111 billion ( 300 million in 2023 an increase of 20% from 2022 but posted a net loss of AED139.327 million ( 38 million). The loss...

Bahrain s Labour Fund Tamkeen has launched an International Bank Account Number (IBAN) verification service in collaboration with Tarabut Gateway a leading open banking solutions platform to facilitate...

Amlak Finance has seen its 2023 full-year (FY) net profit fall steeply by 45.6% to AED259 million ( 70.53 million) compared to FY 2022 net of AED476 million. Amlak s revenue for the year 2023 decreased...

The second Capital Market Summit from May 1 to 2 will explore the growth of IPOs in the region discuss insights from global stock exchanges growth capital opportunities evolution of virtual assets and...