Qatar Expands Active Asset Management Initiative
Doha Investment expands Qatar’s Active Asset Management Initiative to QAR5 billion, aiming to deepen liquidity and grow capital markets.
New Economy Academy and Dubai Islamic Partner on Financial Literacy
A new financial literacy program for UAE entrepreneurs has been launched by the New Economy Academy and Dubai Islamic, aiming to train over 500 entrepreneurs.
ADIB Secures UAE’s First Open Finance Licence, Posts AED 5.6 Billion Nine-Month Profit
ADIB’s nine-month profit after tax rose 6 per cent to AED 5.6 billion, with the bank adding 200,000 customers and securing the UAE’s first open finance provider licence.
KFH Bahrain Partners with BENEFIT to Join Consumer Lending Marketplace
Kuwait Finance House Bahrain has partnered with BENEFIT to list its financing plans on the BenefitPay app, expanding digital banking services in Bahrain.
PayTabs to Acquire SeaPay Saudi Financial Services for SAR 35M
PayTabs Group signs MoU to acquire SeaPay for SAR 35 million, subject to due diligence and regulatory approvals.
Ziina Gets UAE Licence for Retail Payment Services
Ziina has been granted a Retail Payment Services Category III licence by the Central Bank of the UAE, enabling it to handle domestic transactions and merchant payments.
Checkout.com and PRYPCO Partner to Enhance Payment Infrastructure
Checkout.com has partnered with PRYPCO to power its payment infrastructure, resulting in a 20% increase in payment acceptance rates.
Telr Introduces Multi-Card Payments with CreditPool Partnership
Telr and CreditPool have launched a new payment feature allowing customers to split purchases across multiple cards.
Dubai AI Campus Targets 1,000 Companies by 2030
The Dubai AI Campus aims to attract over 1,000 AI firms and create more than 5,000 skilled jobs by 2030.
HSBC Expands Wealth Business in UAE
HSBC to open a new wealth centre in Abu Dhabi, as the bank sees growth in its wealth management business in the UAE.