Tag: #MEA Finance Magazine
Bank ABC enters agreement to acquire Blom Bank Egypt
Arab Banking Corporation (“Bank ABC”) announces that it has entered into an agreement with Blom Bank S.A.L. (“Blom Bank Lebanon”) on Friday 15 January...
GFH Financial Group acquires Lulu anchored mall in Hidd City
GFH Financial Group (“GFH”) has expanded its presence in the retail sector by acquiring 80% of Hidd Mall alongside a strategic investor.
The 46,000 m2...
Mastercard Global Outlook 2021 highlights permanent shift to digital and opportunity to boost financial...
The Mastercard Economics Institute has released Economy 2021 - a global outlook report providing detailed analysis of the economic impact of COVID-19 including permanent...
Checkout.com triples valuation to $15bn with $450m Series C Fundraise, accelerating global expansion
Checkout.com, a Connected Payments™ solutions provider, announced that it closed a $450 million Series C fundraising round. This gives the business a post-money valuation...
Another all-time high for Bitcoin. How long will it last this time?
“Bitcoin reached a new all-time high last week”, we’ve been hearing this on an almost daily basis for a few weeks, as the cryptocurrency...
In the post-epidemic era, cloud computing will accelerate the digital transformation of global industries
In 2020, the COVID-19 epidemic has brought a great impact on people's lives around the world. As a response to the impact, many enterprises...
First Abu Dhabi Bank issues five-year USD 500 million Sukuk
First Abu Dhabi Bank (FAB) has issued the lowest-ever yield on any five-year MENA bank USD issuance with a USD 500 million five-year Sukuk...
Dubai Islamic Bank is Ready For The New
Dubai Islamic Bank today unveiled its new positioning - #ReadyForTheNew, which is based on the financial pioneer’s long-term vision to be the most progressive...
DDCAP Group™ announce membership of The Accounting and Auditing Organization for Islamic Financial Institutions...
DDCAP Group™ is honoured to announce that we have been accepted as a member of The Accounting and Auditing Organization for Islamic Financial Institutions...
Arab Investment Bank selects Temenos to drive digital growth and financial inclusion
Temenos, the banking software company today announced that Arab Investment Bank has selected Temenos to power its digital customer experience. Arab Investment Bank chose...