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Banking and Finance

Banking and Finance latest

QNB Group and Mastercard in Strategic Collaboration to expand Cards and Digital Payments across Syria
May 20th, 2026 - 04:15 GMT

QNB Group and Mastercard in Strategic Collaboration to expand Cards and Digital Payments across Syria

QNB Group, a leading financial institution in the Middle East and Africa, has collaborated with Mastercard to support the end-to-end infrastructure readiness for a comprehensive international card payment acceptance in Syria including Point of Sale, e-Commerce and SoftPOS. This landmark collaboration reinforces the bank’s role as a trusted partner in driving the development of the country’s financial sector, in line with the Group's strategy to promote digital payments in the markets where it operates. Both parties are working together with the Central Bank of Syria, ensuring alignment with applicable regulatory ...
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Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. (Shutterstock)
January 31st, 2019 - 11:31 GMT

Fintech Startups Pave the Way for Reforming Iran’s Financial System

Dubai Investments Park is a unique, self-contained mixed-use industrial, commercial and residential development operated by Dubai Investments Park Development Company LLC.
January 31st, 2019 - 09:14 GMT

Dubai Investments Park Development Company LLC Signs $300 Million Bilateral Term Loan Facility With Emirates NBD Bank PJSC

Egypt’s total budget deficit declined to 3.6 percent of GDP in the first half of the 2018/2019 fiscal year. (Shutterstock)
January 31st, 2019 - 09:12 GMT

Egypt Achieves Primary Budget Surplus of EGP21 Billion

The pilot project is aimed at studying the practical application of modern technologies. (Shutterstock)
January 31st, 2019 - 09:05 GMT

UAE, Saudi Digital Currency to Be Restricted to a Limited Number of Banks

Total Income crosses AED 11.7 billion, up by 15% YoY.
January 30th, 2019 - 10:49 GMT

Dubai Islamic Bank Full Year 2018 Group Financial Results

During the event
January 30th, 2019 - 10:26 GMT

Burgan Bank’s Cricket Team Wins Prestigious Kuwait Cricket Bank League Championship Cup Trophy

Sharjah Islamic Bank
January 30th, 2019 - 10:15 GMT

Sharjah Islamic Bank Net Profit Surges 7 Percent to Dh510 Million; Proposes 8 Percent Cash Dividend

Islamic banking software refers to banking software that functions according to Shariah norms for managing and monitoring banking operations. (Shutterstock)
January 30th, 2019 - 10:12 GMT

The Meteoric Growth of Shariah-Compliant Software Market in Banking Industry

It will become the second largest retail lender in the UAE by assets, with 21 per cent share of retail loans. (File/photo)
January 29th, 2019 - 01:17 GMT

Three Major UAE Banks Merge Creates Dh420 Billion Bank

Sohar International.
January 29th, 2019 - 12:13 GMT

Sohar International Supports the Oman Vision 2040 National Conference

This year’s Al Kanz Scheme will see 4 customers win a total of OMR 1 Million, giving away double the prize money of the 2018 scheme.
January 29th, 2019 - 11:59 GMT

National Bank of Oman Launches Revamped Al Kanz Savings Scheme With Omr3.251m Prize Money

The currency will be used in financial settlements between the two countries. (Shutterstock)
January 29th, 2019 - 10:55 GMT

Saudi Arabia, UAE to Launch First Common Digital Currency ‘Aber’

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