Doha – Finastra, a global provider of financial software applications and marketplaces, today announced it has been selected by Al Rayan Bank, one of the largest Islamic banks in Qatar with international presence, to implement a new, fully-fledged Islamic core banking solution. By moving to Finastra’s next-generation solution, the bank will benefit from a holistic offering that […]
DOHA: In a significant step toward advancing digital transformation, QIIB and Visa have signed a Strategic Partnership Agreement focusing on card payments and the development of innovative products and services. The agreement was signed by Dr. Abdulbasit Ahmed Al Shaibei, CEO of QIIB, and Dr. Saeeda Jaffar, Visa’s SVP and Group Country Manager for GCC. […]
Riyadh, Saudi Arabia – Sanad Cash, Inc. has officially launched its corporate cards in Saudi Arabia in collaboration with neoleap, bringing a cutting-edge spend management platform tailored for finance teams in the Kingdom. This strategic partnership introduces a comprehensive solution that streamlines corporate expense management through instant corporate card issuance, real-time spending insights, and automated […]
Abu Dhabi, UAE – Finstreet Ltd, an IHC Group company through Sirius International Holding, announces the signing of a Memorandum of Understanding (MoU) with One Investment Management (“OneIM”), a global alternative investment management firm. This marks the beginning of a collaborative effort to explore opportunities across products focused on credit assets under ADGM’s regulatory framework. Leveraging […]
The MENA region is entering a transformative chapter in financial services, where seamless communication meets cutting-edge technology. Leading this change is a remarkable collaboration between Unifonic, the region’s leading AI-powered communication platform, and Ottu, an Online payment management system . A new age is dawning with this Mutual Collaboration Agreement (MCA), one that promises to […]
The Dubai International Financial Centre (DIFC) has launched the Dubai Financial Experts Program, with the aim of developing the next generation of Emirati leaders who will drive innovation within financial institutions in Dubai, the UAE, and globally. The programme, designed to graduate Emirati leaders, is being delivered in collaboration with the Mohammed bin Rashid Center […]
Sharjah, UAE – Emirates Development Bank (EDB) reaffirmed its commitment to fostering entrepreneurship and innovation by actively participating in the 8th edition of the Sharjah Entrepreneurship Festival (SEF) 2025, held at the Sharjah Research, Technology, and Innovation Park from February 1-2. Under the theme “Where We Belong,” the festival brought together over 300 global speakers from […]
STARTRADER has officially secured its Securities and Commodities Authority (SCA) license in the United Arab Emirates, reaffirming its commitment to enhancing client satisfaction and delivering excellence through tailored financial solutions. With the addition of the SCA license 20200000241, the STARTRADER Group now holds a total of six financial services licenses, including those regulated by the […]
Abu Dhabi: First Abu Dhabi Bank (FAB) has achieved solid results in 2024 with Group net profit reaching AED 17.1 billion, up 4% year on year, driven by a 15% increase in revenue to AED 31.6 billion. Profit before tax grew 13% year on year to AED 19.9 billion nearing AED 20 billion, reflecting increased client […]
Yuze, a UAE-based fully digital business banking platform, is set to expand its operations to India in the second quarter of 2025. Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers comprehensive financial solutions aimed at supporting local businesses and fueling growth in India’s fast-evolving economy. India’s SME sector, […]