Tag: #MEA Finance Magazine
Saudi Arabia financial organisations under pressure to increase security
98 percent of IT decision makers working in banks and financial service institutions (FSIs) in Saudi Arabia are under pressure to level up their...
Emirates NBD records continued rise in instant contactless DirectRemit money transfers
Emirates NBD recorded an 15% increase in the number of transactions and 17% increase in the value of funds transferred via its 60 second...
Amana Capital appoints new CEO
Amana Capital, an online financial trading platform, announced the appointment of industry veteran Muhammad Rasoul as the new Chief Executive Officer for the organization....
Bahrain’s cashless payments surge to $3.62bn in first half of 2021
The number of POS and Ecommerce transactions in Bahrain shot up by 65% in August, year-on-year, reaching a total value of nearly $744 million...
Mashreq ramps up Asia operations with opening of its first representative office in Shanghai
Mashreq Bank has inaugurated its representative office in Shanghai amid a strategic push to expand its presence in China.
The Shanghai representative office will serve...
First Abu Dhabi Bank and Aldar Education launch digital fee payments through payit
Payit digital wallet, powered by First Abu Dhabi Bank (FAB) has partnered with Aldar Education the leading Emirati private education provider, to launch a...
BankDhofar achieves digital transformation success with Infosys Finacle
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys and BankDhofar, one of the leading banks in Oman, announced the bank’s successful completion...
EDFS launch a pioneering next generation of NFT and decentralized storage
EDFS, launched early August, is the new player in the blockchain world, set to revolutionize the crypto space.
EDFS offers a secure way to own...
Saxo Bank reveals a 200 percent spike in UAE female investors
Saxo Bank, the online trading and investment specialist, saw a 200 percent year-on-year growth in new female investors in the UAE, according to data...
DNIR partners with Magnati and FAB’s payit to enhance customers’ insurance experience
Dubai National Insurance & Reinsurance (DNIR), a publicly listed insurance company in the Dubai Financial Market (DFM) with multi-line insurance products for corporates and...