Banking & Finance

Mastercard Acquires Danish PayTech Firm Nets For $3.19B

A Year On, MENA’s IPO Values Have Grown By 222.6% To Touch $2.8B

Saudi Arabia Has Approved Two Robo Advisors As Automated Investing Picks Up

Mastercard To Roll Out A Nation-Wide Blockchain Payment Program In This Gulf

ADGM Opens Up For Digital Banks, Tapping Into A $6.6 Billion Industry

Investcorp's Co-CEO Rishi Kapoor Is Courting Growth By Looking East

This Crypto Exchange Could Soon Be Operating In Abu Dhabi

ADFG, Shuaa Capital Merge To Form $12.8 Billion Entity

Banking & Finance Now

2 weeks ago

Mastercard Acquires Danish PayTech Firm Nets For $3.19B

The acquisition provides even more depth and scale to the Mastercard Send and Transfast technologies that deliver cross-border payments to bank accounts, mobile wallets and cards.
By Mary Sophia 4 min read
2 weeks ago

A Year On, MENA’s IPO Values Have Grown By 222.6% To Touch $2.8B

Saudi Arabia led the IPO activity in the MENA region with three listings on the main market in Q2 2019 with net proceeds of $1,023.4 million.
By Mary Sophia 4 min read
3 weeks ago

Saudi Arabia Has Approved Two Robo Advisors As Automated Investing Picks Up

The Kingdom’s CMA granted permits to Wahed Capital and Haseed Investing Company to roll out robo advisory services – a sign that Saudi is warming up to millennial investors’ needs.
By Mary Sophia 3 min read
3 weeks ago

Mastercard To Roll Out A Nation-Wide Blockchain Payment Program In This Gulf Country

The program will allow lenders to send and receive money on a secure, private and direct network using Mastercard’s cross-border B2B service.
By Mary Sophia 3 min read
1 month ago

ADGM Opens Up For Digital Banks, Tapping Into A $6.6 Billion Industry

After issuing licenses to crypto exchanges, ADGM has now said that it is now open to hosting digital banks within its jurisdiction.
By Mary Sophia 4 min read
1 month ago

Investcorp's Co-CEO Rishi Kapoor Is Courting Growth By Looking East

Bahrain-based Investcorp’s Co-CEO Rishi Kapoor is steering the firm down an ambitious road that hits India and China for the first time, while aiming to triple its assets to $50 billion.
By Mary Sophia 21 min read
1 month ago

This Crypto Exchange Could Soon Be Operating In Abu Dhabi

DEX will provide a platform for both retail and institutional grade investors to invest through a fully regulated exchange into crypto assets.
By Mary Sophia 4 min read
1 month ago

ADFG, Shuaa Capital Merge To Form $12.8 Billion Entity

As per the deal, ADFG shareholders will own 58% of the merged entity while Shuaa’s existing shareholders will own 42% in the firm.
By Mary Sophia 3 min read