 |
ADIA establishes subsidiary in India’s GIFT CityThe Abu Dhabi Investment Authority (ADIA) has established a subsidiary at the Gujarat International Finance Tec-City (GIFT City), India’s international financial services centre. The subsidiary has been granted regulatory approval by the International Fi More… |
 |
NBB partners with Citi to offer 24/7 dollar clearing serviceThe National Bank of Bahrain (NBB) has become the first bank in Bahrain to offer its customers 24/7 US dollar clearing for both incoming and outgoing payments. The innovative service, developed in partnership with Citi, streamlines the processing of USD More… |
 |
PIF unit seals partnership with Saudi mortgage firm DamanatThe Saudi Real Estate Refinance Company, a unit of Saudi wealth fund PIF (Public Investment Fund), has signed an MoU with the Saudi Mortgage Guarantees Services Company (Damanat) for guaranteeing the residential mortgage portfolios owned by SRC and those being acquired by it, thereby helping More… |
 |
NBB unveils Bitcoin-linked Structured InvestmentThe National Bank of Bahrain (NBB) has announced the launch of the GCC’s first Bitcoin-linked Structured Investment, developed in partnership with ARP Digital. The unveiling took place during a special ceremony at Fintech Forward 2024, marking a pi More… |
 |
Saudi RGA seeks bids for Jeddah-Makkah highway O&MThe Saudi Roads General Authority (RGA), in collaboration with the National Center for Privatization & PPP (NCP), has invited expressions of interest (EOI) from leading construction companies for carrying out the operations and maintenance (O&M) of the Jeddah-Makkah Direct Hig More… |
 |
BENEFIT to set up innovative insurance marketplace in BahrainBENEFIT, an innovator and a leader in fintech and electronic financial transaction services in Bahrain, has officially signed a strategic partnership with Zphin, the technology arm of PB Fintech Limited to develop a groundbreaking online platform for consumer lending, car insurance, credit ca More… |
 |
Saudi’s Alinma Bank and Dell sign data centre MoUDell Technologies and Alinma Bank have signed a Memorandum of Understanding (MoU) to accelerate the Saudi-based bank’s digital transformation initiatives. The MoU signed during the 24 Fintech Summit in Riyadh by Mohammed Talaat, VP, KSA & Egypt at De More… |
 |
ADNH prices IPO; market cap seen at $588mADNH Catering has priced its initial public offering between AED0.91 ($0.25) and AED0.96 per ($0.26) per share, implying a market capitalisation at the time of listing of between AED2.05 billion and AED2.16 billion ($588 million). A leading food and support se More… |
 |
Forex Expo Dubai to gather 200 exhibitorsMore than 200 exhibitors from around the world will take part in the 7th edition of the Forex Expo Dubai 2024 that will start on October 6 at the Dubai World Trade Centre. The two-day expo will showcase the latest trends, technologies, and opportunities in trading, a report said. The p More… |
 |
Plus VC names new PartnerPlus VC (+VC), the most active early-stage venture capital firm in the MENA region, has announced the promotion of Zainab Al Sharif as Partner. With eight years of experience in private equity and venture capital, Zainab’s promotion to Partner refl More… |
