DUBAI, UAE: Pemo, the UAE’s leading all-in-one spend management platform built for small and medium-sized businesses (SMEs), today announced that it has received in-principle approval from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) licence. The approval will let the company hold and manage business funds digitally on its customers’ […]
By Ali Al-Marjibi, Founder, Tawjih AI and MVSxAI The UAE stands out as one of the stronger places in MENA right now for fintech that can actually scale. I say that from the inside, building in the space. 2026 has been rough on funding across the region, yet the UAE kept its footing and came […]
Cairo, Egypt; 27 July 2026: The National Bank of Egypt, in collaboration with Mastercard, has announced the launch of the USD Corporate Debit Card, a breakthrough solution designed to empower Egyptian businesses – from large corporates to small and medium enterprises (SMEs) with seamless access to global commerce. Soha El Turky, Deputy CEO at National […]
Abu Dhabi, UAE: Etihad Credit Bureau, the UAE’s federal entity for credit information and data-driven insights, has expanded the scope of information available within UAE credit reports through the inclusion of Buy Now, Pay Later (BNPL) account information from leading providers Tabby and Tamara, effective July 2026. The enhancement reflects the continued evolution of the UAE’s […]
With in-principle approval by the Central Bank of the UAE, Checkout.com is set to bring acquiring and issuing together on a unified platform for merchants in the UAE. Dubai, United Arab Emirates – July 27th, 2026 – Checkout.com, a leading global digital payments company, today announced that it has been granted in-principle approval for a Stored […]
Dubai, UAE – DIB, the world’s leading Islamic financial group and the largest in the UAE, has announced the launch of its Jaywan Debit Card, reinforcing its commitment to advancing the UAE’s vision for a secure, resilient and locally enabled national payments ecosystem. The launch brings Jaywan, the UAE’s national card payment scheme, to DIB’s […]
UAE: Impronics has announced the upcoming launch of ImproPay, a next-generation digital remittance platform that is set to redefine cross-border money transfers for UAE residents. Powered by Lulu Exchange, the platform marks a significant milestone in Impronics’ fintech journey and reinforces its commitment to advancing digital financial innovation across the region. Designed to make international […]
KUWAIT CITY / NEW YORK: Blackstone (NYSE: BX), the world’s largest alternative asset manager, has announced plans to establish an office in Kuwait through the Kuwait Direct Investment Promotion Authority (KDIPA), marking a significant expansion of its presence across the Gulf Cooperation Council (GCC). The new office is expected to open in the third quarter […]
Dubai: Bitget, the world’s largest Universal Exchange (UEX), has been registered as a Financial Services Provider on New Zealand’s Financial Service Providers Register (FSPR). The registration supports Bitget’s financial services framework and covers registered service categories including foreign currency exchange, domestic and cross-border money transfers, client asset custody, portfolio and money management, and the execution […]
Ajman Bank posts strong H1 2026 results with: Total assets reaching AED 33.9 billion up by 3% YTD Total revenue reaches AED 880 million up by 17% YoY Profit after tax reaches AED 246 million up by 1% YoY Asset quality continued to strengthen with NPF ratio improving to 5.3%. Ajman, United Arab Emirates – Ajman […]