Finance bulletins

Banque Misr in Egypt automates trade finance with Finastra

Banque Misr in Egypt automates trade finance with Finastra

Banque Misr extends collaboration with Finastra, selecting Fusion Trade Innovation and Fusion Corporate Channels to boost its offering and attract new customers Dubai, UAE – April 13, 2022 – Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade Innovation and Fusion Corporate Channels to

Distributed Denial-of-Service attacks became bigger and more complex in 2021

Average DDoS attack size quadrupled, according to new data from F5 Largest ever attack recorded at 1,4 Tbps. Attacks larger than 250 Gbps increased by 1,300% Over 25% of total attacks targeted banking, financial services, and insurance (BFSI) sector MARCH 27, 2022 –Distributed Denial-of-service (DDoS) attacks decreased slightly in 2021 but are becoming larger and


Aafaq Islamic Finance wins Dubai Service Excellence Scheme award

Dubai; United Arab Emirates – March 28th, 2022: In a new achievement to be added to its great record of appreciation awards, “Aafaq Islamic Finance” has won the Dubai Service Excellence Scheme (DSES), organized by the Dubai Economy and Tourism, as a Winner for ‘Best Service Performance Brand-2022 in the Services sector’ for “Aafaq Islamic

Finastra Forum Middle East and Africa to explore emerging trends in financial services

Registrations now open Dubai, United Arab Emirates, 23 March 2022 – Finastra Forum Middle East and Africa returns to the UAE on March 28. The event brings together a community of innovators and builders to discuss the future of finance and the latest trends like Banking as a Service (BaaS), Cloudification, and Environmental Social Governance

Mastercard’s ‘Her Voice’ podcast series gives voice to inspiring stories by women entrepreneurs in Saudi Arabia and the region

To celebrate the launch of ‘Her Voice’, Mastercard and King Abdullah Financial District (KAFD) hosted a special event to shine the spotlight on inspirational stories in the Kingdom Riyadh, Kingdom of Saudi Arabia; 21 March 2022 – As part of its commitment to advance female entrepreneurship in Saudi Arabia, Mastercard has launched ‘Her Voice’, a

“Aafaq” announces the names of 15 winners in the monthly ‘Sahobat’

Dubai; March 09th, 2022: “Aafaq Islamic Finance” – the leading institution in the financial sector offering Sharia-compliant financial products and services across the UAE and around the region – have announced 15 monthly winners of the “Sahobat” and “Sahobat Gold ” prizes, in the presence of a representative of The Dubai Economy and Tourism. Through

Arab Financial Services and Aafaq Islamic Finance Partner to Support Fintech Startups

Manama, Kingdom of Bahrain 06 March 2022: Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, and Aafaq Islamic Finance a regional Islamic financial products and services provider, have entered a strategic partnership whereby jointly, AFS and Aafaaq will support aspiring Fintech startups to launch

Gulf Capital accelerates investment pace in Egypt with over EGP5 billion invested in the country to date and announces New Office Opening

(Abu Dhabi/Cairo; March 2nd, 2022) – Gulf Capital, a leading thematic alternative investment firm in growth markets, announced today that it has opened an office in Cairo to further seek investment opportunities in the fast-growing Egyptian and African markets. The office will be headed by seasoned investor Miray Zaki, the prior Chief Investment Officer of

Gulf Capital’s Portfolio Company, Medica, Elects Elias Chabtini as Chairman of the Board and Appoints André Daoud as New CEO

(Abu Dhabi; 1st March, 2022) –Medica Group, a Gulf Capital portfolio company and one of the leaders in the distribution of medical aesthetic equipment and products in the GCC and the Middle East, announced today that its founder and shareholder Elias Chabtini was elected as Chairman of the Board, providing counsel and guidance to Medica’s

Mastercard Women SME Leaders Awards 2022 is open for nominations from women-owned and run businesses in the region

Celebratory awards aligned with Mastercard’s global commitment to connect 25 million women entrepreneurs to the digital economy by 2025, as part of its goal to build a more sustainable and inclusive world (City), (Country); 21 February 2022: Entrepreneurial women across the world are leading the way in tapping into the power of the digital economy