Dubai, UAE – Tuum, the leading next-generation core banking provider, has been selected by Oliver Business Development (OBD) Holding to power its newly licensed e-banking services in the Middle East and Africa (MEA) called Uptex Bank. The partnership marks Tuum’s first customer in the Middle East and reinforces its strategy to support innovation-led financial institutions
ATLANTA, July 22, 2025–(BUSINESS WIRE)–NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Lloyds Banking Group has chosen Atleos’ ATM as a Service (ATMaaS) proposition and latest technology, to introduce exciting branch modernization into its Manchester and Glasgow flagship locations. Lloyds Banking
Brussels vs national capitals The Commission has been in talks with Spain over the case since last year. After the complaint, the Spanish government will have two months to respond. After that, the Commission can challenge the Spanish government at the EU’s top court, in a procedure which could last years and result in major
House members return to town this week to consider the fiscal 2026 Pentagon spending bill and crypto measures, while senators are staring at yet another vote-a-rama — this time on rescissions. While defense appropriations headlines the House’s week, the floor agenda is full even beyond that, with several significant financial services measures related to stablecoins
Singapore – DBS Bank today named Loic Voide to the newly-created role of Head of Private Banking for Middle East & Africa (MEA), effective 1 August 2025. He will be based at DBS’ branch in the Dubai International Financial Centre (DIFC). Voide was most recently Chief Executive Officer and Chief Country Officer of Deutsche Bank (Switzerland).
Investment banking fees in the MENA region dipped 2% year-on-year in the first half of 2025, according to a new LSEG Deals Intelligence report, during a period that saw elevated geopolitical tensions, oil price volatility and fears of a global trade war. Equity capital markets were the most impacted, with underwriting fees declining 18% to
All told, investors bought 265,000 homes in the January-March quarter, an increase of 1.2% from the same period a year earlier, the firm said. Despite the modest annual increase, the rise in the share of investor home purchases is more a reflection of how much the housing market has slowed as traditional buyers face growing
Ras Al Khaimah Economic Zone (RAKEZ) has recently signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, aimed at facilitating the bank account opening process for RAKEZ clients. The agreement was signed by RAKEZ Chief Government and Corporate Relations Officer Yaser Abdulla Al Ahmed, and ADIB Retail
The City minister has reaffirmed the government’s ambition for a green transition across the financial services sector, despite the industry pivoting on climate priorities. Speaking at City Week on Monday, Emma Reynolds said: “The UK has a world leading financial and related professional services ecosystem and the research that is needed to integrate sustainable finance.”
Muscat – In a landmark move underscoring its commitment to driving digital innovation and financial inclusion, Sohar International has announced the official launch of its Open Banking platform—making it the first bank in the Sultanate to introduce a fully integrated Open Banking solution. This strategic advancement enhances the bank’s digital ecosystem and reflects its role