Tag: GCC
AlfaNow enters the Oman market through a partnership with First Exchange, expanding its GCC...
AlfaNow, a cross-border payments platform built for how the world moves money today, has announced its official expansion into the Sultanate of Oman through...
Al Ansari Financial Services’ operating income rises 9% to AED 321 million in Q1...
Al Ansari Financial Services PJSC, a financial institution in the GCC, delivered continued operating income growth in the first quarter of 2026, reporting a...
The Illusion of efficiency: Why automation hasn’t fixed the friction in UAE Banking
Over the past decade, banks across the GCC have moved faster than many of their global counterparts in embracing digital transformation. From mobile-first platforms...
Islamic Banking as blueprint for regional financial resilience
The GCC stands at an inflection point in financial services development. The region has built world-class regulatory frameworks, attracted significant capital, and created banking...
Al Ramz announces IPO for two new GCC-focused investment funds
Al Ramz Corporation PJSC, a financial services institution with a 25-year legacy in capital markets, announced the Initial Public Offering (IPO) of two new...
UAE financial system more secure, efficient than ever before, says CBUAE
The total number of ATMs of banks operating in the UAE reached 4,654 in 2023
Egyptian Paymob, Tamara partner to advance GCC SMEs growth
The deal between two of the MENA region’s fastest-growing fintech companies creates a payments ecosystem that enables merchants to offer seamless customer experiences
Egypt’s credit score downgraded by Fitch Ratings to ‘B-‘
The ratings agency said it expects Egypt to face a significant rise in external debt maturities in fiscal years ending June 2024 and June 2025
Islamic funds’ assets under management fall on rate rises
The decline was driven by investor outflow mainly due to rising interest rates and financial market volatility.
Mastercard, BIBF collaborate to boost financial inclusion
The BIBF will work with Mastercard Academy to design and deliver customised and scalable digital and physical learning courses.