Dubai, UAE – Plus500, a leading global multi-asset fintech group, has officially launched its new UAE subsidiary, Plus500Gulf Securities LLC (“Plus500Gulf”), under a prestigious mainland license from the Securities and Commodities Authority (SCA). This expansion marks a major step in strengthening the Group’s presence in the UAE and the broader region. The new SCA license enables […]
NBK Partners with Harrods and Visa to Launch Exclusive Co-Branded Card for Kuwaiti Customers
Al-Othman: We are dedicated to delivering an exceptional experience that extends beyond banking, catering to every detail of our customers’ lifestyles Our partnership with Harrods, following our collaboration with Alshaya Group, sets the tone for a milestone year in 2025 Leveraging our extensive expertise, we anticipate customer needs and continuously strive to exceed their expectations Ward: The […]
Tap Payments Secures UAE Retail Payment Services License from Central Bank of the UAE
Dubai, UAE: Tap Payments has been awarded a Retail Payment Services License by the Central Bank of the UAE (CBUAE), completing its regulatory approvals across the entire GCC. The UAE is home to the largest number of fintech and payments companies in the region, with 184 firms. With approvals now spanning every GCC country, Tap […]
Emirates NBD Group secures record 25 LEED Platinum Certifications
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, further solidifies its global leadership in sustainable building practices by securing 25 Leadership in Energy and Environmental Design (LEED) Platinum certifications in March 2025, coinciding with the 25th anniversary of LEED. This remarkable achievement positions Emirates NBD as […]
Fasset, Own and Dinari tokenize $1bln in U.S. equities for Global Investors
Dubai, UAE — Own and Dinari today announced a partnership to bring $1 billion worth of U.S. equities on-chain, increasing the current tokenized equities market by more than 66x by the end of 2025. Dinari’s tokenized securities platform provides global access to U.S. public markets and will be distributed through Fasset’s licensed entities in the UAE, Indonesia, Malaysia, the EU, Turkey, […]
ADCB unveils ‘Meedaf’ a ground-breaking venture to transform Financial Services operations across the GCC
Abu Dhabi, UAE – Abu Dhabi Commercial Bank (ADCB) has launched Meedaf, a pioneering financial services venture designed to help banks and financial institutions across the UAE and GCC region enhance operational efficiency, reduce costs, and remain competitive through innovation and advanced technologies. Operating as an independent entity within Abu Dhabi Global Market (ADGM), Meedaf focuses […]
QNB Group Partners with Harrods and Visa to Launch Exclusive Co-Branded Credit Card in Qatar
Doha, Qatar — QNB Group, the largest financial institution in the Middle East and Africa, has announced a long-term strategic partnership with Harrods, the world’s leading luxury department store, and Visa, a global leader in digital payments. This landmark collaboration will see the launch of the QNB Harrods Visa co-branded credit cards, designed exclusively for customers […]
Visa to Launch New Unified Checkout and Fraud Detection Solutions
Visa has unveiled three new value-added services designed to make accepting payments easier and more secure. The services are meant for acquirers, payment facilitators, retailers, marketplaces and shops, the company said in a Thursday (April 3) press release emailed to PYMNTS. With Authorize.net 2.0, Visa has reimagined its Authorize.net by adding a streamlined user interface, artificial intelligence […]
PayLater Secures Qatar’s First Buy Now Pay Later (BNPL) License
Doha, Qatar – In a significant step toward strengthening Qatar’s financial technology ecosystem, the Qatar Central Bank (QCB) has granted its first license for Buy Now, Pay Later (BNPL) services to PayLater, a homegrown fintech pioneer. This move not only marks a key milestone for the company but also reflects QCB’s broader commitment to regulated innovation. With this […]
OpenAI closes $40 billion funding, Valued at $300 Billion, Largest Private Tech deal on Record
San Francisco, CA – April 1, 2025 — OpenAI on Monday announced it has secured a monumental $40 billion in funding, marking the largest private tech financing round in history, and valuing the ChatGPT-maker at an astounding $300 billion, including the newly raised capital. According to PitchBook, this round is nearly three times larger than […]
