FeaturedFinanceEgypt’s NBE receives $100 mn from EBRD to support SMEsWebAdminJune 7, 2021 by WebAdminJune 7, 2021 The funds will be used to help the local SMEs to help improve the use of energy, water, and land resources... Read more
FeaturedFinancePrivate Equity fund manager Ascent finalises $100 mn funds for SME in East AfricaWebAdminMay 25, 2021 by WebAdminMay 25, 2021 The investor will primarily target minority and majority acquisitions for amounts between $4 mn and $15 mn... Read more
FeaturedFinanceHSBC rolls out multi-currency digital wallets to compete with its rivalsWebAdminMay 19, 2021 by WebAdminMay 19, 2021 HSBC is all set to launch its very own digital multi-currency wallet which will make international payments hassle-free and secure... Read more
FeaturedFinanceSaudi Payments launches instant payment system ‘sarie’WebAdminApril 22, 2021 by WebAdminApril 22, 2021 It is being launched in cooperation with IBM and Mastercard... Read more
FeaturedFinanceMENA startups raise $170 mn in the first quarterWebAdminApril 9, 2021 by WebAdminApril 9, 2021 UAE, Egypt and Saudi completed 125 deals worth $396 mn in the first quarter of 2021... Read more
FeaturedFinanceCBUAE issues two new payment system regulationsPritam BordoloiMarch 18, 2021 by Pritam BordoloiMarch 18, 2021 They are the Large-Value Payment Systems (LVPS) Regulation and the Retail Payment Systems (RPS) Regulation... Read more
FeaturedFinanceBNP Paribas launches A2A payments for ecommerce merchantsPritam BordoloiMarch 10, 2021March 11, 2021 by Pritam BordoloiMarch 10, 2021March 11, 2021 BNP Paribas will launch the platform along with Token, an open banking payments platform... Read more
FeaturedFinanceSaudi Arabia to launch new electronic instant payments systemPritam BordoloiFebruary 12, 2021 by Pritam BordoloiFebruary 12, 2021 The new payment system is designed to reduce the dependency on cash in the Kingdom... Read more
FeaturedFinanceCBUAE issues new Consumer Protection RegulationPritam BordoloiFebruary 1, 2021 by Pritam BordoloiFebruary 1, 2021 The new regulations are aimed to ensure the fair treatment and protection of consumers... Read more
FeaturedFinanceHSBC issues green finance facility for UAE-based LamprellPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021 Around $48 mn has been raised which will be used on the Seagreen offshore wind farm project... Read more