Muscat – Ahlibank’s board of directors has accepted the merger proposal outlined in a letter of intent submitted by Sohar International Bank. On Monday, Sohar International announced its intention to explore a potential merger with Ahlibank and formally presented its proposal through a letter of intent to Ahlibank’s board. Ahlibank’s board convened on Thursday to review […]
UAE: BKN301 Group, a global fintech specialising in Banking-as-a-Service (BaaS), with key operations in MENA, has successfully closed a USD23.8 million capital increase. This will support the Group’s global growth, including exploring expansion into the United Arab Emirates and Saudi Arabia, as well as enhancing the firm’s proprietary BaaS Orchestrator platform. BKN301 operates in the Middle East, […]
Emirates NBD and Visa partnership will offer existing bank’s customers faster, secure and quicker means to send money to Visa cardholders within the GCC. Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has partnered with Visa, a global leader in digital payments, to become the first […]
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, and Ruya Islamic Community Bank or “ruya”, a leading digital-first Islamic community bank, are thrilled to announce that they have signed a strategic partnership aimed at enhancing financial inclusivity and convenience for customers […]
nmbr launches campaign to replace the traditional phone number with a global, user-owned, internet-based identity. April 14, 2025 — Dubai. — What if you could own a piece of the next big thing — just by signing up early? That’s the premise behind nmbr, a bold new startup aiming to reinvent how the world communicates. […]
LONDON AND ABU DHABI — Checkout.com, a leading global digital payments company, today announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region. Checkout.com aims to roll out domestic card issuance in the region in 2026, pending regulatory approval. This […]
London, Dubai – Standard Chartered and OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the launch of a ground-breaking, world-leading collateral mirroring programme, enabling institutional clients to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading. This initiative significantly enhances security and capital efficiency for institutional clients by using a […]
Doha, Qatar – 10 April 2025: HEC Paris, the world’s top-ranked business school for Executive Education, has entered into a strategic engagement with Mastercard, becoming the official academic collaborator for Mastercard’s executive education programs in Qatar. The collaboration was officially marked by a signing ceremony at HEC Paris’ state-of-the-art Doha campus, reinforcing a shared commitment to […]
Cairo, Egypt – Visa, a global leader in digital payments, is proud to announce its participation as the Financial Innovation Partner at GITEX Africa 2025, set to take place from April 14 to 16 in Marrakech, Morocco. This premier event will spotlight the transformative power of technology and investment opportunities across the African continent. Visa’s […]
Dubai, UAE: Al Ansari Financial Services PJSC (“AAFS” or “the Group”), one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange, today announces the successful completion of its acquisition of BFC Group Holdings (“BFC”), after receiving all the required regulatory approvals, solidifying its position as the largest non-banking […]