Muscat: As part of its ongoing commitment to enhancing the customer experience, ahlibank has inaugurated a new branch featuring dedicated service centers for the ‘Al Nukhba’ and ‘Exclusiv’ individual private banking segments. The inauguration took place in the presence of a distinguished group of the bank’s executives and employees. The new branch is strategically located on […]
Jordan is one of the UAE’s largest outbound remittance corridors, with the annual outbound flow averaging over $1 billion Dubai, UAE: Careem Pay, the digital payments platform within the Careem app, expands its remittance service to Jordan, allowing UAE residents to send money directly to bank accounts in Jordan quickly and at competitive rates. Careem Pay […]
D360 Bank, the innovative Saudi Shariah-compliant digital bank, has announced that it has reached more than one million customers within the first four months of its official launch, setting a new global benchmark in digital banking adoption. This milestone underscores the growing demand for seamless and secure digital financial solutions in Saudi Arabia. Since beginning […]
Dubai, UAE – Gainz, the UAE-based financial technology startup, proudly announces the successful closing of its 7-figure USD pre-seed investment round, structured as a mix of equity and debt. The round was led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc, with additional participation from a diverse group of high-net-worth investors across the region. […]
Rabat, Morocco — In a significant move toward advancing digital payments in Morocco, global payments leader Visa has announced a strategic collaboration with VANTAGE PAYMENT SYSTEMS (VPS) to enhance digital payment acceptance across the country. The partnership aims to broaden the rollout of Visa Acceptance Solutions, delivering secure, scalable, and future-ready payment infrastructure for merchants nationwide. […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been named Middle East’s Best Bank for Consumers, by the leading global financial publication Euromoney in its 2025 Awards for Excellence. This prestigious accolade highlights ADIB’s dedication to delivering innovative, digital first and customer- centric bank built around the evolving needs of individual customers. In addition […]
Dubai, UAE, 21 May 2025: Turkcell (NYSE: TKC) (BIST: TCELL) announced that its subsidiary, TDC Veri Hizmetleri (TDC), has secured €100 million in murabaha financing through a strategic agreement with Emirates NBD Bank, a leading banking group in the Middle East and Turkiye (MENAT) region. The five-year financing agreement is intended to empower Turkcell Group’s data center […]
Abu Dhabi, UAE – In a major move to strengthen the UAE’s micro, small and medium enterprise (MSME) ecosystem, Emirates Development Bank (EDB) and RAKBANK have announced a landmark AED 1 billion joint financing initiative. The announcement was made during the prestigious Make it in the Emirates Forum at the ADNEC Centre in Abu Dhabi. […]
Riyadh Valley Company, the investment arm of King Saud University, announces its investment in MEVF IV managed by MEVP. Founded in 2010, MEVP is a leading venture capital firm that invests in early and growth-stage technology startups led by talented entrepreneurs across the Middle East and North Africa, with particular focus on the Gulf Cooperation […]
Bybit became the first and only major crypto exchange to unify crypto, stocks, and traditional assets under one roof. In a landmark move bridging traditional and decentralized finance, Bybit, the world’s second-largest crypto exchange by trading volume, has launched direct trading of top global stocks with USDT. This innovation—part of Bybit’s expanding Gold & Forex (MT5) […]