Plus One Global, the Tokyo-based maker and seller of the FREETEL brand of budget smartphones, starts it’s sail in Egyptian Market in partnership with Egypt's largest smart phone distributor, MTI Group (www.mti-mmgroup.com), on a new voyage of global expansion that will include landings in 10 countries in the Middle East and Africa.

Plus One Global began as a startup in 2012, offering low-cost"...

(AETOS Wire)-- Triaconta wants to minimize the risks of investing in cryptocurrencies with Combicoin to make the cryptocurrency market accessible for a larger audience.

CombiCoin is 100% asset backed by the top 30 cryptocurrencies with the highest market cap. Because of this the CombiCoin will not suddenly plunge and investors will have less risks when there are major fluctuations.

There"...

• High-tech powered card with dynamic security code (CVV2) that changes automatically every hour, displayed on embedded mini-screen
• A solution with no impact on cardholder journey for safer online transactions: if stolen, this dynamic data becomes rapidly unusable
• CMBC is the first bank to launch MOTION CODETM in Asia, featured on their new high-end VISA Signature card
• A CMBC WeChat application to present the offer and order easily in one click

(AETOS"...

MONEY TRADE COIN, the new age cryptocurrency, dazzled its investors’ expectations by listing on NovaExchange. Immediate trading began post the launch by Money Trade Coin’s founder and CEO, Mr. Amit Lakhanpal and H.E. Sheikh Saqer Al Nahyan. The listing event held on September 17 at Burj Al Arab was witnessed by a list of 40 VIP businessmen including H.E. Sheikh Jumaa Al Maktoum, Mr. Faisal Almaazmi, his principal advisor"...

Qatari authorities stepped up their support of domestic banks for the third month in a row in August in an attempt to offset foreign withdrawals as the showdown between the Gulf emirate and a Saudi-led alliance show no sign of abating.

Public-sector deposits in the world’s largest exporter of liquefied natural gas grew by 10.5 per cent to 295 billion riyals ($80 billion) from 267 billion riyals in July, according to central bank data. That"...

Qatar pumped 29.1 billion riyals ($8 billion) into its banking system in August to cushion it from withdrawals by financial institutions from neighboring Arab states due to the Gulf’s diplomatic crisis, central bank data showed.

The current crisis, triggered by the political and economic boycott of Qatar by the United Arab Emirates, Saudi Arabia, Bahrain and Egypt, had already led to government deposit injections of $6.9 billion in July and"...

Commercial Bank has announced that the “Young Bankers” have successfully completed the fourth annual Summer Internship Programme.
In this regard, an awards ceremony held at Commercial Bank Plaza was attended by the parents of the “Young Bankers” and the bank’s senior management. Commercial Bank received over 250 applications from customers via its social media channels to enrol their children into the Internship Programme.
The Internship Programme is designed for students aged 13"...

B ank Saderat Iran is working to enhance operations of its branch in Doha to help remove banking problems facing Iranian exporters in Qatar, according to its chief executive.

“I can tell the exporters that we have reached agreements and effective steps have been taken to resolve their banking problems,” Siavash Zera’ati also told IBENA.

The BSI chief"...

Qatari bank stocks are more expensive than their Saudi or Emirati peers, even after suffering their biggest year-to-date loss in more than a decade.

The nation’s nine lenders trade at almost 11 times projected earnings, according to data compiled by Bloomberg. That compares with 10.5 and 9 for peers in Saudi Arabia and the United Arab Emirates, which cut diplomatic and trade ties with the Gulf nation in early June over alleged support of terrorism.

TSYS (NYSE: TSS) announced today that it has signed a software licensing and services agreement with UAE leading financial institution, Mashreq Bank. TSYS will provide Mashreq with its core PRIME Issuer and Acquirer payments platform — and surrounding modules and services — to enhance the bank’s customer-centric experiences for its cardholders and merchants.

Mashreq is an award winning bank recognised for its retail and digital"...