The Dubai FinTech Summit 2024 is a premier event that brings together global leaders and innovators in the financial technology sector. Scheduled for May 6-7, 2024, at the Madinat Jumeirah Conference Centre in Dubai, UAE, the summit offers a comprehensive platform to explore the latest advancements and trends in FinTech. Dates: May 6-7, 2024 Madinat […]
Bank of Sharjah achieves record Financial Performance for 2024
Sharjah, UAE – Bank of Sharjah, one of the leading commercial banks in the UAE, has announced its financial results for the year ended 31 December 2024, reporting a record profit before tax of AED 416 million and a significant turnaround from the AED 275 million loss recorded in the preceding year. With net profit after […]
Crypto.com Secures Limited Licence from VARA to Offer Derivatives in UAE
Dubai, March 14, 2025 – Crypto.com has today announced it has been issued a limited licence by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives in the UAE. This issuance extends the provisions of Crypto.com’s existing VASP licence to operate in the region. With this limited licence, Crypto.com’s regional entity plans to initiate offering various derivatives products, […]
Al Ansari Exchange expands Bill Payment Services through partnership with BILRS
Dubai, UAE – Al Ansari Exchange, the leading remittance and foreign exchange service provider in the UAE, has announced a strategic partnership with BILRS Payment Services Provider Co LLC, a global leader in bill payment solutions. This collaboration will enable customers to make seamless international and domestic bill payments across Al Ansari Exchange’s extensive branch network. […]
ATS Travel to accept Crypto Currency as a Form of Payment
Dubai, UAE – ATS Travel, a premier travel management company, and Payhound, a leading provider of fully regulated crypto payment solutions, are pleased to announce a groundbreaking understanding to enable ATS Travel to accept cryptocurrency as a form of payment for all its services. This new development marks a significant milestone in the Middle East’s travel […]
HyperPay launches HyperTap for seamless contactless payments for UAE Businesses
HyperPay, a leading digital payment solutions provider, launched HyperTap, a secure Tap on Phone payment solution designed to transform the way UAE businesses receive payments. By allowing smartphones to serve as contactless point-of-sale (POS) terminals without the need for additional hardware, HyperTap offers seamless, cost-effective, and efficient transaction experiences for both customers and merchants. HyperTap […]
RemotePass and Wafeq partner to automate Payroll and Accounting for UAE & KSA businesses
Dubai – RemotePass, a UAE-based global payroll platform, and Wafeq, a UAE-based accounting software provider, have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This integration seamlessly syncs payroll and financial data from RemotePass to Wafeq’s accounting system in real-time, eliminating manual entry, reducing errors, and ensuring compliance. The two-way native […]
Visa Cardholders Can Now Add Their Cards to Google Wallet in Jordan
Amman, Jordan: Visa (NYSE: V), a global leader in digital payments, has announced that cardholders in Jordan can add their Visa cards to Google Wallet. Starting today, Visa cardholders of Arab Bank, InvestBank and Al Rajhi Banking and Investment Corporation (Al Rajhi Bank Jordan) can add their Visa cards to their Google Wallet on Android and […]
Ripple Secures DFSA License to Offer Regulated Crypto Payments in the UAE
Ripple, the leader in enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Finance Centre (DIFC). Ripple will be the first blockchain-enabled payments provider licensed by the DFSA. This marks Ripple’s first license in the Middle East and […]
Lejion Media Leads Massive Iftar Drive in Saudi Arabia with NBP, Al Rajhi Bank, SNB, and Arab National Bank
Riyadh, Saudi Arabia – March 11, 2025 – UAE-based Lejion Media has successfully led a large-scale Iftar distribution campaign across Saudi Arabia, aimed at supporting blue-collar Pakistani workers during the holy month of Ramadan. The initiative was organized on behalf of the National Bank of Pakistan (NBP) in collaboration with Al Rajhi Bank, Saudi National Bank, and Arab National Bank. The campaign focused on providing […]