RIYADH: Saudi utility giant ACWA Power has secured an SR750 million ($119 million) Shariah-compliant term loan facility from Alinma Bank to fund its new...
From lean teams to smarter tools — AI is reshaping how SaaS startups scale, spend, and staff.
As the post-pandemic software-as-a-service (SaaS) landscape stabilizes, a...
Commercial Bank International PJSC (CBI), a leading UAE bank, on Thursday announced a net operating income of Dh278.5 million for Q3 2024, an increase...
Saudi Arabian medical devices company ProMedEx has obtained a one-year Islamic credit facility of SAR 74.5 million ($20 million) from Riyad Bank.
The facility will...
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced a new initiative enabling customers to...
The Saudi Central Bank (SAMA), as per a press release, permitted three new FinTech startups to test their innovative solutions in SAMA's regulatory sandbox....
The gross banks’ assets, including bankers’ acceptances, increased by 0.8 per cent, from Dh4.075 trillion at the end of December 2023 to Dh4.109 trillion...
Analysts hold differing opinions when assessing the impact of the recent announcement of a 20 per cent tax on foreign banks' income in Dubai. Some argue...
Mastercard and First Abu Dhabi Bank (FAB) announced an exclusive long-term global partnership, building on their long-standing collaboration, in the Eastern Europe, Middle East,...