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Egypt’s Noqood Finance secures SME finance licence

Noqood Finance, a unit of Noqood Holding, has secured a licence to engage in financing small and medium-sized enterprises (SMEs) under the supervision of...

EFG Hermes buys minority stake in Danish fintech, Kenzi Wealth

The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes’ significant commitment to driving innovation in the fintech sector

Emirates NBD, Pine Labs partner to strengthen merchant acquiring solutions

The bank plans to deliver cutting-edge merchant-acquiring processing solutions for its clients in the UAE, with plans to expand to Saudi Arabia and Egypt

Oman’s Bank Nizwa, MSA Green sign sustainability-linked financing deal

The initiative underscores Bank Nizwa’s dedication to leading sustainable development and advancing environmental objectives

UAE’s ADIB unveils nationwide business banking expansion plan

The expansion includes strategic collaborations with key partners specialising in serving the SME sector and leveraging its extensive network across key locations in the UAE

Emirates NBD, Nium join forces to revolutionise cross-border payments

The partnership seeks to elevate the remittance experience with seamless, instantaneous cross-border transfers between the UAE and countries worldwide

Mastercard, Bahrain’s BENEFIT partner to drive payment innovation

The collaboration supports the efforts of the Central Bank of Bahrain to accelerate the development of the country’s digital economy

Egypt’s Banque Misr invests in auction platform BELMAZAD

BELMAZAD aims to digitize traditional auction processes by reducing reliance on manual interventions

Standard Chartered offers retail investors access to UAE-domiciled funds within DIFC

The bank has partnered with leading international companies to provide best-in-class products to its retail clients including Amundi

Kuwait’s NBK sells alternative investments business to Janus Henderson

Janus Henderson plans to launch several emerging markets-focused alternative strategies in the second half of 2024

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