The Central Bank of the UAE and the Central Bank of Bahrain have signed a Dh20 billion (BHD2 billion) currency swap agreement aimed at strengthening financial cooperation, supporting trade in local currencies and enhancing regional monetary stability. The five-year agreement was signed virtually by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, […]
QFC rises 14 places in the Global Financial Centres Index, ranking third in the MENA region Doha – Qatar Financial Centre (QFC), a leading onshore financial and business centre, recorded a 57 per cent year-on-year growth in the first quarter of 2026, with more than 800 new firms licensed from January through March. This performance reflects sustained business momentum and […]
Doha, Qatar – In a strategic move to strengthen Qatar’s entrepreneurial ecosystem and accelerate innovation, Namaa Social Incubator, one of the centers under the Qatar Foundation for Social Work, and Snoonu, Qatar’s leading technology platform, have signed a Memorandum of Understanding (MoU) aimed at empowering entrepreneurs and supporting the growth of emerging businesses. The partnership reflects […]
Doha, Qatar: Financial institutions are increasingly adopting modular platforms and application programming interface (API) based systems, enabling them to introduce new services without rebuilding core infrastructure. Speaking to The Peninsula, industry experts noted that several major banks in Qatar have begun opening their platforms to external partners and fintech providers, allowing solutions such as digital payments, […]
On the occasion of International Women’s Day, Ooredoo Fintech has announced the appointment of Noor Al Lawati as its first female Country Head for Oman, reinforcing its commitment to regional growth, local leadership, and women empowerment. An accomplished Omani professional, Noor Al Lawati brings extensive market expertise and a strong vision to drive innovation and expand financial […]
Mirsad AI is the first AI-native AML compliance engine built for GCC financial institutions and regulatory authorities — and one of the first of its kind worldwide — trained on both fiat and blockchain transaction data, and registered with the Qatar Financial Centre (QFC). Why it matters now: The global AML market is valued at […]
The initiative reflects QIA’s commitment to fostering local economic development, supporting Qatar’s equity capital market and accelerating growth in the local asset management industry through collaborations with premier global and local asset managers This is the third partnership announced as part of QIA’s Active Asset Management Initiative QIA is anchoring the fund, contributing capital in […]
Doha, Qatar – Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) announced that its Saudi subsidiary, Lesha Capital, has been officially granted the Managing Investments and Operating Funds license by the Capital Market Authority (CMA) in Saudi Arabia in addition to its existing advisory license. This approval enables Lesha Capital to operate as a fully regulated […]
Doha, Qatar: Qatar Development Bank announced the signing of a Memorandum of Understanding with Ooredoo during the third edition of Web Summit Qatar 2026, one of the region’s leading global technology events. The MoU aims to establish the “Digital & Beyond Ventures” platform, marking a new phase in the strategic partnership between the two entities to […]
AmwalPay has announced a strategic partnership with Bank Nizwa, reflecting a broader shift in how banks approach the enablement of digital payment services within the Sultanate of Oman. Under this partnership, AmwalPay enables Bank Nizwa to offer digital payment services to its merchants under the bank’s own brand, identity, and commercial framework. Bank Nizwa retains full […]