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PayTabs
Finance

PayTabs Appoints Mohamad Abbas as Chief Sales & Operations Officer to drive Innovation and Profitability for the Group

This strategic appointment aligns with the company’s plans for optimizing their payment orchestration platform operations further in the region. PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced the appointment of Mohamad Abbas as Chief Sales & Operations Officer. With over 22 years of experience in sales, business development, and operations management within the e-commerce, […]

Dhivya Dharshini2 min read
BENEFIT
Finance

BENEFIT Partners with Zphin to Launch Bahrain’s First Consumer Lending and Insurance Marketplace

Fintech Firm BENEFIT, has partnered with Zphin, the technology arm of PB Fintech Limited, to launch Bahrain’s first-ever Consumer Lending and Insurance Marketplace. Integrated into the BenefitPay super app, the platform aims to enhance financial access nationwide by leveraging open banking infrastructure and creating a dynamic open finance ecosystem. This marketplace will enable credit providers […]

Dhivya Dharshini1 min read
Shory
Finance

Shory Partners with HAYAH to Launch Health Protect Plans in UAE

Abu Dhabi-based Shory. Insurtech firm has partnered with HAYAH Insurance to introduce a range of health insurance plans, branded as Health Protect, available through Shory’s digital platform. Health Protect, underwritten by HAYAH, offers a variety of health insurance options, including plans for individuals, families, and exclusive family packages. The plans are designed to cater to […]

Dhivya Dharshini1 min read
Shory
Finance

Shory Partners with Fidelity United to Offer Premium Insurance Products Digitally

Insurtech firm Shory. has announced a strategic partnership with Fidelity United, an insurance provider in the region, to offer a range of top-tier motor and health insurance products through Shory’s app and website. This collaboration combines Shory’s innovative digital platform with Fidelity United’s trusted insurance solutions. The partnership enables customers to easily access Fidelity United’s […]

Dhivya Dharshini1 min read
Saudia
Finance

Saudia Partners with Mastercard to Feature ‘Her Voice’ Podcast on In-Flight Entertainment

The national airline of Saudi Arabia, Saudia, has teamed up with Mastercard to present the third season of the award-winning podcast series “Her Voice” on its in-flight entertainment system, and beyond. This collaboration aims to inspire and empower passengers by sharing the stories of pioneering Saudi women. This season, Saudia and Mastercard have partnered with […]

Dhivya Dharshini1 min read
Network International
Finance

Network International Partners with Epsilon to Transform Loyalty Programs in MEA Region

Financial Services Company, Network International, has announced a strategic partnership with Epsilon, a global leader in customer loyalty programmes. This collaboration aims to revolutionise regional loyalty solutions by integrating Network International’s payment infrastructure with Epsilon’s advanced loyalty management expertise. The partnership will enable Network International to leverage Epsilon’s technology and analytics platforms to offer customised […]

Dhivya Dharshini1 min read
MBRHE
Finance

MBRHE and Dubai Islamic Bank Forge AED 29.7 Mln Community Partnership

Mohammed Bin Rashid Housing Establishment (MBRHE) and Dubai Islamic Bank (DIB) have signed a partnership agreement worth AED 29.7 million to support community initiatives. This collaboration seeks to enhance community partnership and corporate social responsibility, reinforcing the support needed to ensure stability and well-being within the community. “We are proud to collaborate with Dubai Islamic […]

Dhivya Dharshini1 min read
ACWA Power
Finance

ACWA Power Reports 36% Increase in Net Profit for H1 2024

Saudi-based electric power generation company ACWA Power has announced its consolidated financial results for the first half of 2024, ending June 30. The company reported a net profit of SAR 927 million, marking a 36% increase from the same period in 2023. Operating income before impairment losses and other expenses reached SAR 1,389 million, with […]

Dhivya Dharshini1 min read
Mazad
Finance

Mazad, ASRY Announce Strategic Partnership to Enhance Maritime Industry

Bahrain-based auction platform, Mazad, on Tuesday, announced a strategic partnership with the Arab Shipbuilding and Repair Yard Company (ASRY) to bolster the maritime industry through innovative auctioning solutions and enhanced operational efficiencies. This partnership aims to streamline ASRY’s procurement process by using Mazad’s platform to repurpose and utilise materials efficiently, providing a trusted and transparent […]

Dhivya Dharshini1 min read
Network International
Finance

Network International Partners with Reem Finance to Enhance Digital Payments in UAE

One of the largest Digital payments providers in the Middle East and Africa Network International has entered into a strategic partnership with UAE-based financial services provider Reem Finance. This alliance aims to leverage the Network’s expertise to deliver comprehensive payment processing solutions, supporting the digital transition in the financial sector. The partnership aligns with Reem […]

Dhivya Dharshini1 min read
Kazakhtelecom
Finance

Kazakhtelecom Sells MTS to Qatar Power International for $1.1 Billion

According to Reuters on Tuesday, Kazakhtelecom, Kazakhstan’s leading telecommunications company announced the sale of its mobile communications subsidiary Mobile Telecom Services (MTS) to Qatar’s Power International Holding(PIH) for $1.1 billion. Kazakhstan’s digital development minister, Zhaslan Madiyev, confirmed that the new investor would also commit to expanding the MT-S network. This deal marks a significant investment […]

Dhivya Dharshini1 min read
ESC
Finance

ECS Fin Achieves Fedwire ISO 20022 Certification

Financial Technology service provider, ECS fin, announced it has achieved Fedwire ISO 20022 certification after completing Fedwire’s DIT2 Certification Testing. This milestone underscores the capabilities of ECS Fin’s IMS for seamless end-to-end transaction processing, fully adhering to Fedwire ISO 20022 rules and standards. As a certified FedLine Direct Solution Service Provider, ECS Fin enables banks […]

Dhivya Dharshini1 min read