Dubai Chambers and Assolombarda Sign MOU as Dubai-Italy Trade Hits $13.9 Billion

Dubai Chambers signed an MOU with Assolombarda to enhance trade relations, as Dubai-Italy trade reaches $13.9 billion. Dubai Chambers signed a memorandum…
Bloomberg Opens New Office in Riyadh’s KAFD to Boost Local Operations

Bloomberg has opened a new office in Riyadh’s KAFD, enhancing its local operations and supporting Saudi Arabia’s Vision 2030.
UAE CMA and MEIRA Launch Emirati Investor Relations Program

The UAE CMA and MEIRA have launched a program to enhance Emirati skills in investor relations, strengthening local capital markets.
Saudi Insurers’ Investment Portfolios Surge to SAR60B Amid Rapid Growth

Saudi Arabia’s insurers have doubled their investment portfolios to SAR60 billion, indicating significant growth and potential regulatory impacts.
Assiut Trains 1,000 Young People in Entrepreneurship and Financial Inclusion

Assiut’s initiative trains 1,000 youth in entrepreneurship and financial inclusion, empowering young people in Egypt’s Al-Fateh district.
Huspy Expands into Italy with Integra Finance Acquisition and $86 Million Investment

Huspy has acquired Integra Finance and plans an $86 million investment to enhance mortgage finance operations in Italy. Huspy has acquired Integra…
EFG Holding Secures $40M EBRD Facility to Expand MSME Financing in Egypt

EFG Holding secures a $40 million loan from EBRD to enhance MSME financing in Egypt, crucial for economic growth. EFG Holding has secured a $40 million…
Souhoola to Sell $5.8M Consumer Finance Portfolio by Q4 2026

Souhoola plans to sell $5.8 million in consumer finance portfolios by Q4 2026, reflecting strategic market trends. Souhoola plans to sell around $5.
Qatar Unveils $60 Billion Infrastructure and Private Investment Pipeline

Qatar announces a $60 billion investment plan to enhance infrastructure and attract private investment, impacting the MENA fintech ecosystem.
SHL Finance Renews $53.3M Credit Facility with Saudi Investment Bank

SHL Finance has renewed a $53.3M credit facility with Saudi Investment Bank, enhancing its capacity for customer lending and expansion efforts.