The service provides customers with greater flexibility in meeting their financial obligations through a simple and convenient digital payment process. The Ministry of Human Resources and Emiratisation (MoHRE) has launched the Tabby service, enabling customers to pay fees and fines owed to the ministry in instalments over a period of 4 to 12 months, with […]
RoTE remained firmly above the Group’s medium-term guidance at 18.5% Abu Dhabi: First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a strong performance in the first half of 2026. In Q2’26, profit before tax rose 16% sequentially and 6% year on year to AED […]
New York, USA – Goldman Sachs has launched a new alternative investment platform aimed at expanding private market opportunities for its wealthy clients, as demand for access to privately held companies continues to rise. According to an internal memo seen by Reuters, the new platform will be led by Matt Doherty, who will continue overseeing […]
Dubai, United Arab Emirates – Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced Jaywan card acceptance across more than 200 destinations in the UAE, becoming one of the country’s first companies to fully enable the national card acceptance across its physical network. The milestone […]
• The world’s first-of-its-kind “Jaywan – Mastercard” co-badged credit cards to enhance the acceptance of “Jaywan” and expand payment choices for customers. • A new Mastercard operations centre in the UAE, the first of its kind in the region, to advance card payment services locally and regionally. Abu Dhabi (21 July, 2026): Al Etihad […]
Fintech News Media, People First (Private) Limited, and KOT Enterprises have officially signed a Strategic Joint Venture Agreement (MoU), marking the beginning of a collaborative partnership focused on advancing Pakistan’s fintech ecosystem through innovation, technology, media, business development, and knowledge-sharing initiatives. The partnership brings together three independent organizations, each contributing its unique expertise while maintaining its individual corporate identity […]
London/Riyadh – Fina, the embedded finance platform of Saudi-based B2B enablement and fintech ecosystem SILQ, has secured a US$75 million (SAR 282M) Shariah-compliant facility from Fasanara Capital Ltd (“Fasanara”), a London-based global investment manager with approximately US$6 billion (SAR 22.5B) in assets under management. The facility will support Fasanara Capital’s continued growth of embedded working […]
Dubai, UAE, Al Ansari Financial Services PJSC (DFM: ALANSARI), the leading financial institution in the GCC, has strengthened its regional cross-border payments platform through new partnerships between its subsidiaries, Bahrain Financing Company (BFC) in Bahrain and Bahrain Exchange Company W.L.L. (BEC) in Kuwait with Western Union. The partnerships broaden customer access to Western Union’s global money […]
Tangem cold wallet brings self-custody of ADI Chain ecosystem tokens, including $ADI and DDSC, to one of the UAE’s leading retailers, giving retail buyers a simple path to secure self-custody for digital assets. Abu Dhabi, UAE: ADI Chain and Tangem, the Swiss hardware wallet maker, are launching a co-branded hardware wallet available for purchase at Virgin […]
Alibaba Group-backed Ant International said on Monday it had raised about $1.2 billion in an equity financing round, with proceeds earmarked to expand its cross-border payments business and AI-powered commerce solutions globally. The Singapore- and Shanghai-based financial technology company said existing shareholders, including Ant Group and Alibaba Group, participated in the fundraising alongside international investment institutions. […]