Wednesday 13 November 2024
 
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Riyadh Air secures inaugural $1.33bn Revolving Credit Facility

Riyadh Air, the startup airline wholly owned by the PIF (Public Investment Fund), Saudi Arabia’s sovereign wealth fund, has successfully closed its inaugural self-arranged Islamic Revolving Credit Facility amounting to SR3.0 billion. The

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Riyadh Air secures inaugural $1.33bn Revolving Credit Facility

Riyadh Air, the startup airline wholly owned by the PIF (Public Investment Fund), Saudi Arabia’s sovereign wealth fund, has successfully closed its inaugural self-arranged Islamic Revolving Credit Facility amounting to SR3.0 billion. The

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Criminals reverting to old-school tactics with new twists: Visa

Visa’s the State of Scams: Fall 2024 Biannual Threats Report brings to light several emerging threats and scams targeting banks and consumers, including a surprising resurgence of small-scale physical crime.   

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Criminals reverting to old-school tactics with new twists: Visa

Visa’s the State of Scams: Fall 2024 Biannual Threats Report brings to light several emerging threats and scams targeting banks and consumers, including a surprising resurgence of small-scale physical crime.   

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New deal to provide wallet tech solutions to banks, fintechs in MEA

A key memorandum of understanding (MoU) signed in the UAE to explore extension of innovative digital payment solutions to businesses in the Middle East and Africa (MEA), promises to drive digital transformation and financial inclusion in the reg

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Newgen unveils Gen AI LumYn platform for banks

Newgen Software, a leading global provider of low-code digital transformation platforms, has announced the launch of LumYn in the Middle East.    This groundbreaking Gen AI-powered hyper-personalisation plat

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Newgen unveils Gen AI LumYn platform for banks

Newgen Software, a leading global provider of low-code digital transformation platforms, has announced the launch of LumYn in the Middle East.    This groundbreaking Gen AI-powered hyper-personalisation plat

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Aggregate capital, reserves of UAE banks hit $129.8bn

The aggregate capital and reserves of banks operating in the UAE reached AED476.6 billion ($129.8 billion) at the end of March 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).  

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Network roadshow in Bahrain highlights fraud prevention

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has commenced a roadshow in Bahrain, as part of a series of roadshows across the GCC and Africa that aim at generating aware

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Network roadshow in Bahrain highlights fraud prevention

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has commenced a roadshow in Bahrain, as part of a series of roadshows across the GCC and Africa that aim at generating aware

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