The company will sell a 45 per cent stake in the listing
Bitcoin had spent the past few days mired in the tightest trading range since October 2020
Wizz Financial will partner with NPCI International Payments (NIPL), the international arm of National Payments Corporation of India
Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider
Bullion has eased after rallying to within $5 of a record last week
The shares surged as much as 18 per cent to SAR86.1
The offer price range will be announced on March 24 with an expected trading debut on April 13
Saxo Bank MENA’s CEO Damian Hitchen talks about the region’s fintech space and the challenges faced by the financial sector
Al Fardan’s customers can now send money not just to bank accounts, but also to mobile wallets and cash pickup points in 87 countries
A listing could come as soon as the middle of this year
The UAE is one of Iraq’s most important trading partners, with the value of exported goods totalling over $13.11bn in 2020
The Kuwait Investment Office recruited Arne Hassel as chief investment officer in November
The banks issued separate filings to the Abu Dhabi Securities Exchange (ADX) denying the report
The partnership is part of Bahrain-based AFS’s Regional Partner Program that supports new and existing fintechs to launch operations across the region
The Tadawul introduced index futures in August 2020
The main challenge: capital markets do not yet fully understand what the rule book for sustainable investing looks like
The investment will support tabby’s international expansion plans
Women reached 15 per cent of the CFO positions in 2021 among S&P 500 and Fortune 500 companies
The UAE has been one of the most welcoming regions to establish cryptocurrency trading agencies and other cryptocurrency verticals
Investors may have more visibility around cryptocurrencies in the years ahead, notes Bloomberg Opinion columnist Nir Kaissar
Dubai Gold & Commodities Exchange’s Gold Futures Contract recorded a year-on-year average daily volume growth of 734 per cent
The bond is the first issuance of its kind for a Jordanian bank on the exchange
The investment company will be present at Dubai International Boat Show 2022, to showcase their products and services to potential investors
Moving towards more homogenised regional frameworks can catalyse a wave of new fintechs to scale globally, opines Oliver Obitayo, CEO of IDnow Middle East
Gulf Capital has already invested over $300m in Egypt in sectors such as technology, infrastructure, manufacturing, petrochemicals and healthcare
The Emiratisation plan will apply to managerial positions across the country’s banking and insurance sectors
It has priced its initial public offering of 10,000,000 units of Shuaa Partners Acquisition Corp I at $10 per unit
Jeremy Wilmot, chief product officer at ACI Worldwide tells Gulf Business how the company is preparing to help UAE banks connect to the nation’s central real-time payments infrastructure
Adam Farthing, chief risk officer for Japan at crypto trading firm B2C2, said Bitcoin could “de-link from risk”
The bank’s payments business was valued at $1.15bn