Riyadh, Saudi Arabia — November 2025 The 2025 edition of Aion Connect, held in Riyadh, brought together over 200 senior leaders from banks, fintechs, family offices and investors to discuss the next frontier of Saudi Arabia’s digital financial transformation — moving from vision to performance. In a market where nearly $140 billion in shareholder value […]
Manama, Bahrain – The Central Bank of Bahrain (CBB) announces the signing of a partnership agreement between The BENEFIT Company (BENEFIT) and NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI). The agreement sets in motion a cross-border collaboration between the Kingdom of Bahrain and the Republic of India’s […]
Albaraka Portfolio Management Company has taken a strategic step that will open a new chapter in Türkiye’s participation finance sector. The company has established the “Albaraka Türk Value & Wealth Türkiye Sukuk Fund” in Bahrain — the first Türkiye-focused Sukuk fund of its kind — aiming to facilitate international investors’ access to islamic capital market […]
Dubai: Mercury Payments Services (Mercury), a leading regional payments infrastructure and technology provider, is proud to announce that it has been granted approval for a deemed Open Finance License by the Central Bank of the UAE (CBUAE). This approval enables Mercury to operate under the UAE’s progressive Open Finance regulatory framework, further strengthening its position as a […]
Dubai, UAE – Alaan, the Middle East’s leading corporate card and spend management platform, today announced the launch of its employee equity buyback program, enabling team members to sell a portion of their vested stock options. The initiative, effectively an ESOP buyback, follows Alaan’s $48 million Series A fundraise led by Peak XV Partners (formerly Sequoia India […]
Dubai, UAE: KFI Global has announced the launch of its new mobile app, SMARTER. RICHER. BRAVER., designed to help young people strengthen their financial identity — a concept that goes beyond traditional money management and budgeting. Unlike conventional finance apps that focus on tips or static lessons, SMARTER. RICHER. BRAVER. aims to transform users’ beliefs, […]
Riyadh, Saudi Arabia: The Arab Investment Company (TAIC) announced a strategic partnership with Franklin Templeton, one of the world’s largest asset management companies, to invest US$ 70 million in the Franklin Gulf Wealth Bond Fund. This investment underscores TAIC’s commitment to enhancing the efficiency of its investment portfolio while achieving sustainable returns for its shareholders. The […]
Reimagining salary disbursement through a powerful fintech -remittance alliance, ushering in a new era of speed, security, and financial inclusion across the UAE. Abu Dubai, UAE — Index Exchange has partnered with botim money to extend botim’s fully digital and compliant Wage Protection System (WPS) payroll solution in the UAE. The service is designed to simplify and […]
Dubai, UAE — Commercial Bank International (CBI), a leading UAE bank, has announced the launch of CBIx, its dedicated innovation and ventures arm. This independent subsidiary will accelerate disruptive ideas across banking, bridging emerging technologies with real-world applications to drive innovation and new ventures. The creation of CBIx is part of CBI’s long-term strategy to embed […]
Already one of the UAE’s simplest ways for businesses to get paid, Ziina now extends into expense management becoming the only licensed startup to offer both acquiring and now issuing as well as expense services. Dubai, UAE: Ziina, a leading licensed UAE fintech platform offering both acquiring and issuing, announces the launch of Ziina Card, its […]