Author: Mahdeehassan

Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the official launch of the QIB Junior App, the country’s first digital banking and financial education platform for kids and teens aged 8 to 17 years old. As a first-to-market solution, QIB Junior is a modern Banking App designed specifically for kids and teens with tools that empower young users to manage their finances confidently, while parents guide their journey. Developed with a mobile and tablets-first mindset, QIB Junior introduces young users to smart money management in a secure and intuitive way. The solution brings together a prepaid Visa…

Dubai-headquartered international wealth managers, Hoxton Wealth has achieved regulatory approval from the Dubai Financial Services Authority (DFSA), giving it freedom to operate in the Dubai International Finance Centre (DIFC). DIFC is widely accepted as the leading financial hub in the Middle East North Africa (MENA) region, where it is home to 7,000 active companies. Of these, around 1,000 operate in the financial services ecosystem. Chris Ball, Hoxton Wealth CEO explains: “DIFC is a hugely powerful and influential financial centre that we are very proud to have joined. It operates within a rulebook that aligns with our company values and our client proposition.…

Riyadh, Saudi Arabia: In a milestone transaction poised to reshape the fintech-loyalty landscape in the Kingdom, Equivator, a premier alternative investment firm, has revealed a strategic investment of SAR 30 million in Related, a UAE-headquartered company, pioneer in loyalty and rewards solutions. The important step contributes to reinforcing Saudi Arabia as a regional and global basis for cutting-edge financial technology and customer engagement. The investment underscores Equivator’s commitment to nurturing groundbreaking ventures within high-growth sectors. It is aimed at accelerating Related’s expansion in the Kingdom, boosting innovation, and fast-tracking the launch of transformative solutions in AI, blockchain, and customer experience. It…

Cairo: EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking team has successfully concluded advisory on the listing of Valu and its commencement of trading on the Egyptian Exchange (EGX), under the ticker valu, yesterday. Valu’s listing and trading on the EGX was executed through an innovative in-kind dividend distribution, where EFG Holding distributed 20.488% of Valu’s share capital to its shareholders, as of the record date, June 12th, 2025, enabling EFG Holding shareholders to directly participate in the growth of one of Egypt’s fastest…

Abu Dhabi, UAE: The UAE Lottery operated by The Game LLC is proud to announce its acceptance as a member of the World Lottery Association (WLA). This achievement marks a significant step forward in the organization’s international positioning and reinforces its dedication to the highest global standards of integrity, responsible gaming, and corporate responsibility. The WLA membership provides The Game LLC with access to a globally recognized framework for supporting current operations, enabling collaboration with more than 150 government-authorized lotteries and over 70 associated suppliers worldwide, and facilitating access to global best practices in responsible gaming, security, innovation, combating illegal operators,…

Dubai: A new chapter in early childhood education began in Nad Al Sheba 1, Dubai, as Nalapad Investments and MVK Holdings hosted the groundbreaking ceremony for Crayons Nursery. Crayons Nursery will be a progressive learning centre following all the best practices in early years pedagogy primarily focusing on the EYFS curriculum. This purpose-built early years centre will open its doors to young toddlers in May 2026 & the FS1 and FS2 intake from September 2026. The ceremony, held at the nursery site, was attended by government officials, education leaders, investors, media representatives, and families. Chief Guest Mr. Abdulla Mohammed Al Awar,…

Dubai – Zand, an innovative AI-powered Fintech and financial services group in the UAE, has announced that it has been assigned an investment grade credit rating of BBB+, with a stable outlook, from Fitch Ratings. Zand CEO Michael Chan stated, “We believe Zand is the world’s youngest bank to achieve an investment grade credit rating, and we are honored and humbled to receive this recognition from Fitch Ratings. As a start-up in the development phase, Zand has experienced rapid growth since becoming a fully licensed bank three years ago. We achieved breakeven in less than two years, being the key contributor…

Kuwait City – Jazeera Airways, Kuwait’s leading low-cost airline, is making travel more rewarding this summer with its exclusive Payday Promo, offering 15% off fares to a wide range of destinations across its network. Running from 22 to 28 June 2025, the offer gives passengers the perfect opportunity to lock in great fares for their upcoming holidays. On the first day of the promotion, the discount is available exclusively through Jazeera’s website, mobile app, and call center, using the promo code J9PAYDAY. From 23 June, the offer will be extended across all booking platforms. Travel is valid from 1 July to 30…

Dubai, UAE: Al Tareq Star, a leading real estate developer with a wide range of businesses and activities in Saudi Arabia, has announced strategic expansion plans in the United Arab Emirates. These plans include launching a portfolio of real estate development projects across key locations in the country. As part of this expansion, the company has officially launched its first residential project in Dubai – Norah Residence – a smart and contemporary residential development in the heart of Jumeirah Village Circle, one of the city’s fastest-growing residential areas. The launch event was attended by key investors, industry stakeholders, and members of the media.…

Manama: Bahrain Marina Development Company, the master developer of the prestigious Bahrain Marina project located along the eastern waterfront of the capital, Manama, has announced the appointment of the leading global commercial real estate services and investment firm CBRE Bahrain to manage and operate the project’s retail units. CBRE Bahrain will also be responsible for developing a comprehensive leasing strategy, encompassing the determination of the optimal brand mix, commercial area planning, and occupancy strategies. This appointment reflects Bahrain Marina’s commitment to attracting leading international partners to deliver a high-end shopping and entertainment experience, further enhancing the project’s appeal as an integrated urban…