The signing ceremony between Lynk & Co and Aljabr Trading Company, a leading player in the Saudi automobile market, confirmed the establishment of a distributorship for Lynk & Co in Saudi Arabia, marking a new step forward for Lynk & Co and the acceleration of its global expansion. As an automobile brand co-founded by Geely […]

The pandemic has led to unprecedented growth of e-commerce across the globe making eCommerce an integral part of the retail industry. eCommerce growth in UAE during this period has been particularly striking. With one-third of UAE consumers buying online products or services at least once a week the region clocked a growth of 35% in […]

Confluent, Inc., the data streaming platform to set data in motion, announced that Arab National Bank, one of the largest banks in the Middle East, has successfully leveraged the Confluent Data Streaming Platform to unlock the power of its operational and customer data. This is enabling the bank to introduce innovative new services that enhance […]

Al Fardan Exchange L.L.C, the leading money transfer and currency exchange firm which is licensed and regulated by the Central Bank of the United Arab Emirates (UAE), is continuing its string of accomplishments with its latest venture, a relationship with the world-renowned bank, J.P. Morgan.  This service will offer its UAE corporate customers same-day value […]

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., announced a buy now, pay later (BNPL) solution with issuance of single-use virtual cards and complete loan servicing. Banks and fintechs will have access to the customizable Galileo Buy Now, Pay Later solution, offering them easy entry into […]

Shieldpay, the market leader in solving complex B2B payments, has announced a partnership with payment service provider, Mollie, one of Europe’s fastest-growing financial services prviders. The partnership will enable Shieldpay clients to have their payments needs fully digitised, from routine payments requiring straight-through processing up to high value, complex B2B transactions.  Where businesses have traditionally […]

BIC Bank, one of the fastest-growing commercial banks in Cambodia, has successfully migrated its in-house processing centre to Compass Plus Technologies’ award-winning payments platform, TranzAxis. The migration to the new system enables BIC Bank to significantly expand its digital offering, starting with the addition of Mastercard debit cards to its portfolio. After BIC Bank received its commercial […]

Nuran Bank, a universal bank based in Libya that offers processing services to retail and SME markets, has gone live with Pocket Bank, a next generation mobile banking solution from Compass Plus Technologies. The move places the entirety of Nuran Bank’s customer’s cards, accounts and other services conveniently at their fingertips, empowering them to easily and […]

A joint venture between Ajlan & Bros Holding and SF Express, AJEX Logistics Services (AJEX), the Middle East specialist in express distribution and shipping solutions, announced the launch of two new services as part of a significant phase of expansion of the company. The newly available AJEX International E-Commerce Express (ICX) and AJEX International Express […]

ACCA (the Association of Chartered Certified Accountants) backs green budgeting for the public sector everywhere to implement climate commitments and achieve their environmental goals. In Green budgeting: a toolkit for public sector finance professionals published today, ACCA sets out the reasons for considering green budgeting and the methods that can be adopted. It highlights the […]