stc pay partners with PIE to enable QR payments across Bahrain’s POS network

stc pay partners with PIE to enable QR payments across Bahrain’s POS network

Manama, Bahrain – stc pay Bahrain, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has announced a strategic partnership with Payment International Enterprise (PIE), a Bahrain based fintech and payment solutions provider licensed by the Central Bank of Bahrain, to enable stc pay QR payments on PIE Point of Sale devices across the […]

Khaleeji Bank Wins Visa Award for Fastest Growth in Active Cards in Bahrain

Khaleeji Bank Wins Visa Award for Fastest Growth in Active Cards in Bahrain

Manama, Kingdom of Bahrain: Khaleeji Bank, a leading Islamic bank in Bahrain, has been awarded by Visa, a global digital payments leader, for achieving the fastest growth in active cards in the Kingdom of Bahrain for 2025. This recognition underscores the bank’s strong performance in promoting digital payment solutions and expanding its active customer base. The […]

Valu launches Egypt’s first instant cashback loyalty program, redefining rewards for everyday spending

Valu launches Egypt’s first instant cashback loyalty program, redefining rewards for everyday spending

Cairo: Valu, a leading universal financial technology powerhouse in the Middle East and North Africa (MENA), has announced the launch of its new loyalty program, the first instant-cashback loyalty program for payments in Egypt. The program introduces a fundamentally new approach to customer rewards by granting cashback instantly upon transaction completion, eliminating the need for traditional point […]

QNB Group delivers Net Profit of QR8.7 Billion H1, Up 3%

QNB Group delivers Net Profit of QR8.7 Billion H1, Up 3%

QNB reported a 3% jump in net profit for the first six months of 2026 to reach QR8.7bn, demonstrating the stable nature of QNB Group’s financial results despite global headwinds. Earnings per share increased by 5% from June 2025 to reach QR0.89. Total equity increased by 10% from June 2025 to reach QR130bn. Operating income […]

e& Exits Vodafone, Sells Entire 16.21% Stake for $5.95 Billion

e& Exits Vodafone, Sells Entire 16.21% Stake for $5.95 Billion

Abu Dhabi, UAE: Following a comprehensive strategic review of its international investment portfolio, Emirates Telecommunications Group Company PJSC (“e&”) announced the termination of its Relationship Agreement with Vodafone Group PLC (“Vodafone”). In connection with this, e&’s Board representative has stepped down from his position as a non-executive Director of Vodafone. Following the termination of the Relationship Agreement, e& has […]

The DFSA publishes 9th Audit Monitoring Report, underscoring strengthened audit quality and transparency across DIFC

The DFSA publishes 9th Audit Monitoring Report, underscoring strengthened audit quality and transparency across DIFC

First transparency reports published by auditors of Public Listed Companies under DFSA Rules – the DFSA is the first UAE audit regulator to mandate such disclosures. A higher proportion of audit engagements were rated satisfactory, and there were fewer unsatisfactory ratings than in previous cycles. 74% increase in total fees, reaching US$ 33.5 million – […]

Dubai Chambers Partners with Wio Bank to provide Alternative Banking Services for SMEs

Dubai Chambers Best Partners with Wio Bank to provide Alternative Banking Services for SMEs

Dubai, UAE – Dubai Chambers has signed a Memorandum of Understanding (MoU) with Wio Bank to provide alternative banking services for members. The collaboration will provide small and medium-sized enterprises (SMEs) with streamlined access to business account opening and financing solutions designed to support their growth and operational efficiency. Through this collaboration, members of the Dubai […]

Deutsche Bank expands operations in Qatar with New Research Centre of Excellence

Deutsche Bank expands operations in Qatar with New Research Centre of Excellence

Deutsche Bank announced the expansion of its operations in Qatar with the establishment of a Research Centre of Excellence, reinforcing its long-term commitment to the Middle East and its role in supporting clients with differentiated insights across one of the world’s most dynamic markets. Deutsche Bank is connecting global investors with opportunities in the region The Bank’s […]