Abu Dhabi – Khalifa Fund for Enterprise Development (KFED) has entered into a strategic agreement with the Inovartic Investment to enhance bilateral cooperation and support startups in the gaming sector in the UAE. At the centre of this agreement is a comprehensive framework designed to support early-stage gaming enterprises by offering incubation services, specialised training programs, […]
Standard Chartered Pakistan and Emirates partners to enhance Client Experience
KARACHI: Standard Chartered Pakistan and Emirates have entered into a strategic partnership by signing a Memorandum of Understanding (MoU). The collaboration offers significant benefits to Standard Chartered Credit Card holders, special fares on tickets purchased online through the Emirates website. Additionally, customers can opt to split their payments into convenient monthly instalments of up to 12 months. […]
QIB and Visa partner to facilitate B2B Cross-Border Payments
The partnership will streamline cross-border payments to 120 countries worldwide through the adoption of the Visa B2B Connect platform. Businesses will enjoy efficient, reliable and secure, money transfer services. Account-to-account transactions from QIB Corporate accounts to beneficiary banks to be facilitated through the deployment of Visa B2B Connect. QIB Corporate and SME customers will gain […]
NBP and Instant Cash Raise Awareness on Hundi/Hawala at Dubai Labour Camp Roadshow
Dubai – In a collaborative effort to support and engage with the Pakistani labor community, National Bank of Pakistan (NBP) and Instant Cash successfully organized a vibrant musical roadshow at DULSCO, Al Warsan Camp in Dubai on Saturday, May 24. Despite the soaring temperatures exceeding 50°C, the event witnessed an impressive turnout, reflecting the enthusiasm […]
Emirates Coin Investment LLC obtained the first virtual asset license in the UAE from SCA
Abu Dhabi: Emirates Coin Investment LLC (EmCoin) has made history as the first company in the UAE to be licensed by the Securities and Commodities Authority (SCA) to offer fully regulated Virtual Asset services. This milestone marks a bold new chapter in the UAE’s financial journey ushering in a smarter, safer, and more inclusive era for […]
Qatar’s logistics startup ShipBee Secures QR855,000 in Pre-Seed Funding Led by GrowthX
Doha, Qatar – June 2, 2025 – ShipBee , an innovative & AI-powered one-stop-shop digital logistics marketplace, providing end-to-end logistics solutions, incubated & supported by the mobility incubator of Qatar Development Bank and the Digital Incubation Center, today announced the successful closure of its Pre-Seed funding round, raising a total of QR855,000 from institutional and angel investors, valuing […]
Ripple’s stablecoin “RLUSD” approved by the DFSA as Recognised Crypto Token
Ripple’s RLUSD Stablecoin Approved for Use in the DIFC Dubai, UAE – 3 June – Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its stablecoin, RLUSD, has been approved as a recognised crypto token by the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). This approval […]
Standard Chartered Launches Beneficiary Validation Service in the UAE to Enhance Payment Security
Dubai, United Arab Emirates: Standard Chartered announced today the launch of Beneficiary Validation of accounts domiciled in the UAE – a cutting edge solution designed to bolster client confidence and improve domestic payment processes across the UAE. Developed in partnership with the Central Bank of UAE, this innovative solution allows corporate clients to verify payee […]
RAKBANK SME Confidence Index Launched in Collaboration with RFI Global
The 2025 findings illustrate that UAE SMEs continue to build on the momentum of the resilience demonstrated in recent years. Dubai, United Arab Emirates – RAKBANK has released its latest SME Confidence Index, highlighting a promising outlook for the UAE’s Small & Medium Enterprise (SME) sector. Based on insights from over 1,200 UAE-based SMEs collected between […]
AFS and Mawarid Finance spearhead digital transformation in credit card services
Manama, Kingdom of Bahrain: In a significant leap forward for digital finance, Mawarid Finance, in strategic collaboration with Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler across the Middle East and Africa, has officially launched a comprehensive digital application poised to redefine credit card issuance and management. This pioneering initiative underscores […]
