Europe’s banking sector witnessed another merger with German’s Federal Government announcing that it has sold part of its stake totalling 4.49% Read More
CBUAE Approves Digital Assets Custodial Risk Insurance
Hong Kong’s OneDegree, Asia’s first licensed insurer for digital assets, on Thursday said that the company along with Dubai Insurance Read More
SAMA to Develop PIS Under Open Banking Framework
Recognising the potential of open banking system, the Saudi Central Bank (SAMA) on Monday said that it was working on strengthening the Read More
alrajhi Bank Acquires Majority Stake in Fintech Firm Drahim
Saudi-based lender alrajhi bank has acquired a 65% stake in the local fintech start-up ‘Drahim’ application, a leading financial management and automated investment Read More
Tarabut Acquires Vyne Payments Platform
Tarabut, the first and largest regulated open banking platform in the MENA region, has acquired London-based Vyne, a real-time account-to-account (A2A) Read More
CUB Expands to Middle East, Opens Office in Abu Dhabi
As part of its global expansion plans, the Bahamas-headquartered Capital Union Bank (CUB), which is also one of the leading financial institution Read More
intellect Global Transaction Banking (iGTB), the transaction banking business unit from the London headquartered Intellect Design Arena Ltd has announced a significant Read More
Two Banks in Philippines Secure Islamic Banking Window Licences
Islamic banking is catching up fast in The Philippines in the recent years and seeing the sector’s growth in the country, Read More
DBS and Mashreq to Offer Instant Cross-Border Payments to UAE’s Clients
Singapore’s DBS Group Holdings and the Mashreq, the oldest privately-owned bank in the UAE, on Thursday announced that they will work Read More
Gold Most Sought After Asset by Central Banks Across the World
The yellow metal will never lose its sheen and an increasingly complex geopolitical and financial environment is making gold reserves management more Read More










