Category :Banking

Featured Business fintech Islamic Bank Merger and Acquisitions Regional start-ups

alrajhi Bank Acquires Majority Stake in Fintech Firm Drahim

Global Business Magazine September 5, 2024

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

Business Banking Companies Mergers and Acquisitions Regional World

Tarabut Acquires Vyne Payments Platform

Global Business Magazine September 4, 2024

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

Banks Business Companies Financial Services Regional World

CUB Expands to Middle East, Opens Office in Abu Dhabi

Global Business Magazine August 27, 2024

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

Business Banking Regional Technology World

NBF Partners with iGTB to Enhance Digital Capabilities

Global Business Magazine August 9, 2024

intellect Global Transaction Banking (iGTB), the transaction banking business unit from the London headquartered Intellect Design Arena Ltd has announced a significant Read More

Banks Business Islamic Bank Islamic Finance World

Two Banks in Philippines Secure Islamic Banking Window Licences

Global Business Magazine August 6, 2024

Islamic banking is catching up fast in The Philippines in the recent years and seeing the sector’s growth in the country, Read More

Banking fintech Regional Retail World

DBS and Mashreq to Offer Instant Cross-Border Payments to UAE’s Clients

Global Business Magazine June 27, 2024

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

Banking Precious Metals Regional Wealth World

Gold Most Sought After Asset by Central Banks Across the World

Global Business Magazine June 19, 2024

The yellow metal will never lose its sheen and an increasingly complex geopolitical and financial environment is making gold reserves management more Read More

Banking Featured Funding World

China’s Central Bank Injects Over $281 Billion to Its Banking System

Global Business Magazine June 7, 2024

China’s central Bank - People’s Bank of China – announced that it has conducted $281.27 million of seven-day reverse repos at an Read More

Banking Featured News Regional

UAE Listed Banks Record Highest Deposit Growth in Q1-2024

Global Business Magazine May 24, 2024

The UAE-listed banks recorded the highest deposit growth in the first quarter of 2024 among the GCC banks, which grew by 5.6% y-o-y to $803.2 Read More

Banking Featured News Regional

More French Banks Likely to Exit Morocco

Global Business Magazine May 9, 2024

When French bank Societe Generale Marocaine de Banques (SocGen) announced its decision to quit Morocco, the North African country, last month, it Read More