Saudi Insurance Authority Proposes Expanded Coverage For Vehicle Lessees, Drivers In Draft Law Amendments: Report
The proposed draft aims to protect the rights of the insured and further improve the vehicle insurance sector Read more
Emirates NBDs Balance Sheet Crosses AED1 Trillion After Strong Q1 Numbers
Profit before tax rises 56% to $2.12 billion on strong loan growth and improving deposit mix; Deposits grew by 5%; Inco... Read more
Qatar Point-of-sale And E-commerce Transactions Hit $3.8bn In March
Qatar Central Bank highlights value and volume of point-of-sale and e-commerce transactions last month Read more
Fuze Secures Retail Payment And Card Schemes License From UAE Central Bank
The Abu Dhabi company, already a fully licensed operator for digital assets infrastructure, will soon launch a digital ... Read more
UAE Central Bank Imposes Financial Sanction On A Bank
The UAE bank failed to comply with the Anti-money Laundering and Combating the Financing of Terrorism and Illegal Organ... Read more
Ajman Bank Reports Over $36mn Net Profit In Q1 2025
The bank’s operating income, however, recorded a marginal rise of two percent to AED 198.91 million as of 31 March 20... Read more
Saudi Asset Management Industry Passed SR1tn For First Time
Saudi Arabia assets under management sector tipped to pass $350bn next year Read more
Global Financial Firm Lazard Bets On UAE Growth With Abu Dhabi Office Launch
The move is seen as Lazard’s commitment to deepening its presence in MENA, serving as a trusted advisor to clients ac... Read more
PayPal, TerraPay Partner To Boost Real-time Digital Transfers Across Middle East And Africa
The MENA digital payments market, estimated at $251.34 billion in 2025, is expected to reach $422.56 billion by 2030 Read more
Goldman Sachs Alternatives Acquires Majority Stake In UAE HR Firm PeopleStrong
The acquisition underscores the company’s ambitious growth strategy in the GCC region Read more
Al Salam Bank Announces Details Of Its 2025 Danat Savings Scheme
The biggest reward programme in Bahrain to offer prizes worth $10.6 million, including three grand prizes of $2.65 mill... Read more
Saudi Arabia Sees Surge In Cashless Payments As It Adopts Digital Transactions
Saudi Arabia uses digital technology for 79 per cent of retail payments Read more
Al Etihad Payments Signs Global Co-badging Deals For Jaywan Cards With Major Payment Giants
Jaywan cardholders will gain seamless global payment capabilities as UAE’s Al Etihad Payments partners with Visa, Mas... Read more
ADGM RA Fines Christopher Flinos, AC Holding For Cryptocurrency Conversion Violations
According to the RA, AC Holding exceeded the scope of its commercial license by acting as an investment company and off... Read more
ADGM Financial Regulator Imposes $8.85mn In Penalties On Hayvn Group For Regulatory Breaches
The investigation resulted in the cancellation of Hayvn ADGM's Financial Services Permission, and an indefinite prohibi... Read more