Doha, Qatar: Ooredoo Fintech has announced a strategic partnership with Mashreq to transform payroll solutions for businesses across Qatar. This collaboration will offer seamless, secure, and compliant Wages Protection System (WPS) salary payment services through Ooredoo Money, enhancing efficiency and promoting financial inclusion while adhering to Qatar Central Bank (QCB) regulations. The agreement was officially […]
Al Ansari Financial Services’ shareholders approve AED315mln Cash Dividend for 2024
Dubai, UAE – Al Ansari Financial Services PJSC announced that its shareholders have approved the Board of Directors’ recommendation to distribute a total cash dividend of AED 315 million (4.2 fils per share) for 2024. This represents approximately 78% of the company’s net profit after tax for the year. During the Annual General Assembly, shareholders approved […]
Accenture Partner with Commercial Bank of Dubai to launch region’s first Enterprise-wide Data Literacy Program
DUBAI, United Arab Emirates; March 19, 2025 – Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy programmme, CBD is setting a new standard by enabling […]
Amwal Pay Expands Its Services to Strengthen Oman’s Payment Infrastructure
Muscat, Oman – March 20, 2025 – Amwal Pay, a leading provider of digital payment solutions, has announced the expansion of its services in Oman with the introduction of an integrated and advanced online payment gateway, designed to enhance the digital payments ecosystem and provide businesses with a seamless, fast, and secure payment experience. With a […]
UAE-based gametech PlaysOut raised $7 million in a seed funding to Lead the Mini-Game Revolution
In a major step toward redefining in-app gaming, PlaysOut has closed a $7 million seed funding round at a $70 million valuation. With backing from prominent investors such as OKX Ventures, KBW Ventures, and Pacific Century Group, the multi-engine mini-game platform is poised to dominate a market projected to be worth between $6-10 billion. Co-founder Jassem Osseiran […]
UAE-based neo broker Amana expands Crypto Offering to 450+ coins – The largest selection among MENA brokers
DUBAI, United Arab Emirates (GLOBE NEWSWIRE) — amana, MENA’s leading neobroker, is redefining trading by adding 300+ new cryptocurrencies, bringing its total to 450+ coins—the most from any local broker. This unmatched range cements amana as the go-to platform for seamless digital and traditional asset trading in one powerful app. This milestone fills a major gap: […]
Checkout.com and Tabby partner to expand BNPL solutions for retailers in the UAE and Saudi Arabia
Dubai, UAE – Checkout.com, a leading global digital payments solutions provider, has partnered with Tabby, the financial services and shopping app, to offer flexible and high-performing payment solutions to merchants in the UAE and Saudi Arabia. This partnership integrates Tabby’s popular BNPL solutions directly into Checkout.com’s platform, allowing merchants to offer consumers seamless, flexible payment methods […]
Bybit Card marks 2nd anniversary with 1.5mln Cards Issued
DUBAI, United Arab Emirates — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, recently celebrated the second anniversary of the Bybit Card, a digital native solution for the borderless crypto community, at an event at Bybit’s Dubai headquarters on Mar. 7. Since its launch in Sep. 2023, the Bybit Card has rapidly become one of […]
Resecurity Partners with Union of Arab Banks to Strengthen Cybersecurity and Fraud Prevention Across the Arab Financial Sector
Los Angeles, CA & Beirut, Lebanon – March 7, 2025 – Resecurity, a U.S.-based cybersecurity company protecting Fortune 500 companies and government agencies globally, has announced a strategic partnership with the Union of Arab Banks (UAB) to enhance cybersecurity capabilities, fraud prevention, and threat intelligence sharing across the Arab banking and financial sectors. The Union of Arab Banks (UAB), which represents over […]
Oman’s BankDhofar partners with Smartech to launch advanced POS solutions for SMEs
MUSCAT: Reinforcing its commitment to Oman’s digital transformation, BankDhofar—the nation’s largest bank by branch network—has signed a Memorandum of Understanding (MoU) with Smartech, an Omani software solutions specialist, to establish a strategic partnership that integrates accounting and electronic payment solutions. This collaboration aims to enhance digital financial services by merging Smartech’s system with BankDhofar’s Soft […]
