Tokenization, or the process of turning stocks and other real world assets into digital tokens, is fast bridging the worlds of crypto and mainstream finance, and now sovereign wealth funds want in on the action. On Thursday, the Abu Dhabi-owned fund Mubadala Capital announced a partnership with Coinbase and infrastructure provider KAIO to offer a […]
Abu Dhabi: Visa, a global leader in digital payments, and Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, today announced the bank’s early adoption of the Visa Threat Intelligence Platform (VTIP), making ADIB the first bank globally to deploy and co-design its initial use cases and operational framework with Visa. This collaboration reinforces […]
Doha, Qatar: SkipCash, one of Qatar’s leading digital payments companies, today announced that it has secured a strategic investment from Qatar International Islamic Bank (QIIB), marking a significant milestone in the company’s growth journey and reinforcing its long-term vision of building the next generation of digital payment infrastructure for Qatar and the wider GCC. The investment […]
How institutional controls and policy-driven execution could bridge the gap between exploration and responsible deployment The Challenge: From Exploration to Responsible Deployment As banks, payment companies, stablecoin issuers and investment firms explore blockchain-based settlement, the main challenge is moving from early exploration to responsible deployment. Institutions want the speed and programmability of digital assets, but […]
The service provides customers with greater flexibility in meeting their financial obligations through a simple and convenient digital payment process. The Ministry of Human Resources and Emiratisation (MoHRE) has launched the Tabby service, enabling customers to pay fees and fines owed to the ministry in instalments over a period of 4 to 12 months, with […]
RoTE remained firmly above the Group’s medium-term guidance at 18.5% Abu Dhabi: First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a strong performance in the first half of 2026. In Q2’26, profit before tax rose 16% sequentially and 6% year on year to AED […]
New York, USA – Goldman Sachs has launched a new alternative investment platform aimed at expanding private market opportunities for its wealthy clients, as demand for access to privately held companies continues to rise. According to an internal memo seen by Reuters, the new platform will be led by Matt Doherty, who will continue overseeing […]
Dubai, United Arab Emirates – Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced Jaywan card acceptance across more than 200 destinations in the UAE, becoming one of the country’s first companies to fully enable the national card acceptance across its physical network. The milestone […]
• The world’s first-of-its-kind “Jaywan – Mastercard” co-badged credit cards to enhance the acceptance of “Jaywan” and expand payment choices for customers. • A new Mastercard operations centre in the UAE, the first of its kind in the region, to advance card payment services locally and regionally. Abu Dhabi (21 July, 2026): Al Etihad […]
Fintech News Media, People First (Private) Limited, and KOT Enterprises have officially signed a Strategic Joint Venture Agreement (MoU), marking the beginning of a collaborative partnership focused on advancing Pakistan’s fintech ecosystem through innovation, technology, media, business development, and knowledge-sharing initiatives. The partnership brings together three independent organizations, each contributing its unique expertise while maintaining its individual corporate identity […]