Manama, Bahrain – Eazy Financial Services “EazyPay”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, is proud to announce its win in the “Innovating in Crypto Acceptance in MENA” category at the Mastercard EDGE 2024 Awards. The ceremony, held on October 16th in Dubai, recognized EazyPay’s significant contributions […]
Abu Dhabi, United Arabic Emirates, 13 January 2025 – Velexa, a leading WealthTech innovator, and Ajyad Capital, a renowned investment management firm based in the Kingdom of Bahrain, have signed a Memorandum of Understanding (MoU) to establish a strategic alliance aimed at revolutionizing investing landscape in the GCC region. This partnership is aimed at supporting the goals of […]
Bank Aljazira Announces New Leadership and Reports Strong Financial Performance Riyadh, Saudi Arabia – Bank Aljazira has announced the appointment of Abdulmajeed bin Ibrahim Al Sultan as the Chairman of its Board of Directors for a three-year term. Mohammed bin Saad bin Dawood has been named Vice Chairman, and Naif Abdulkareem Al Abdulkareem will serve […]
MUSCAT: Innovation-driven BankDhofar ,The second largest bank in the Sultanate of Oman in terms of the number of branches , has taken a pioneering step in the country’s financial sector by introducing the Swift Global Payments Initiative (GPI). This cutting-edge solution, now seamlessly accessible to customers through BankDhofar’s channels, makes it the first bank in Oman […]
Riyadh: Najm for Insurance Services has signed a Memorandum of Understanding (MoU) with Theeb Rent a Car Company to enhance joint cooperation and improve vehicle rental and repair services in line with the highest quality standards. This collaboration aims to promote traffic safety and protect road users as well as vehicle renters. The signing ceremony took […]
Riyadh, Saudi Arabia – The Saudi Central Bank (SAMA) has announced the licensing of HyperPay Inc. Saudi Arabia for Information Systems Technology, enabling the company to provide payment services through electronic wallets. This latest approval brings the total number of licensed payment service providers in the Kingdom to 27, reflecting SAMA’s continued efforts to enhance […]
Riyadh, Saudi Arabia – January 2, 2025: Vision Bank, formerly known as the Saudi Digital Bank, has announced the launch of the pilot phase of its banking operations after receiving a no-objection certificate from the Saudi Central Bank. This milestone marks a significant step in Vision Bank’s journey toward realizing its strategic goals and underscores […]
Riyadh, Saudi Arabia – The Saudi Central Bank (SAMA) has officially licensed Tal Finance Co. to provide debt-based crowdfunding solutions, further expanding the Kingdom’s innovative financial ecosystem. With the inclusion of Tal Finance, the total number of companies authorized to offer debt-based crowdfunding solutions in Saudi Arabia now stands at 12. Additionally, the number of […]
The Saudi Central Bank (SAMA) has announced the licensing of Majd Saudi Payments Company to provide payment services via electronic wallets. This addition raises the total number of licensed payment service providers in the Kingdom to 26 companies. This strategic move underscores SAMA’s commitment to bolstering and empowering the payments sector by enhancing the efficiency […]
Abu Dhabi, December 11, 2024 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, made a significant impact at Bitcoin MENA 2024, held on December 9-10 at the Abu Dhabi National Exhibition Centre (ADNEC). Exclusive Horizon Night Setting the stage for the highly anticipated conference, Bybit hosted its exclusive “Horizon Night” on December 8. […]