Thursday, January 23, 2025
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Banking & Finance

Bahrain’s BENEFIT records $77.1 billion in electronic transactions in 2023

Arabiya Capital Staff -
The electronic fund transfer system (EFTS) on all channels witnessed substantial growth to BHD 29 billion in 2023
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UAE’s Mashreq Global Network, ITIDA partner to expand operations in Egypt

Arabiya Capital Staff -
Mashreq Global committed to hiring a minimum of 300 new Egyptian employees over the three-year duration of the agreement
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AFS, Xpence partner to innovate SME finance in Bahrain

Arabiya Capital Staff -
The alliance is poised to deliver unparalleled financial control and efficiency to Bahrain’s burgeoning SME sector
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Emirates NBD unveils criteria for SMEs to participate in ‘Dubai Growth Initiative’

Arabiya Capital Staff -
The first phase of the initiative is open to Dubai-founded SMEs in select sectors including food and beverage, FMCG and e-commerce
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Al Baraka Bank Egypt, Mastercard partner to advance banking experience

Arabiya Capital Staff -
The collaboration is expected to cater to the needs of individuals in the realm of digital payments and streamline corporate expense management
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Egypt’s GAFI signs MoU with HSBC to boost foreign investments

Arabiya Capital Staff -
HSBC will introduce and connect more international investors to the growing business opportunities in Egypt
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Mastercard, Egyptian Banks Company partner to boost digital economy

Arabiya Capital Staff -
The partnership seeks to foster sustainable economic growth activities, further enhancing the digital payments landscape and driving inclusive economic development in Egypt
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Allianz Egypt teams up with Suez Canal Bank to expand Bancassurance services

Arabiya Capital Staff -
Allianz Egypt aims to expand its distribution network as well as attract new business opportunities via innovative channels to boost the insurance sector in Egypt
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Magnati, Al Etihad Payments partner to provide instant digital payments

Arabiya Capital Staff -
Real-time payments enhance cash flow for merchants and customers benefit from an improved payment experience
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Mastercard, Emirates NBD-Egypt partner to advance digital banking experience

Arabiya Capital Staff -
The deal will see Mastercard offering continued support to Emirates NBD-Egypt’s digital transformation journey
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