The initiative aims to deliver faster, more reliable and competitively priced cross-border transfers, empowering millions of Mashreq customers to move funds quickly and securely. Empowering millions of Mashreq customers to move funds quickly and securely DUBAI, UAE: Mashreq, a leading financial institution in the MENA region, has announced a strategic collaboration with Mastercard to expand […]
Adyen Secures UAE Retail Payment Services License from Central Bank of the UAE (CBUAE)
Adyen obtains a Retail Payment Services Category II license with the CBUAE, enabling full control of its value chain. Adyen, the global financial technology platform of choice for leading businesses, today announced that it has obtained its Retail Payment Services Category II license from the Central Bank of the UAE (CBUAE). The reaching of this […]
BENEFIT brings QR codes to BenefitPay Homepage for faster, easier transactions
Manama: BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has rolled out a new enhancement to BenefitPay app, in line with the directives of the Central Bank of Bahrain, enabling users to view their QR code directly from the app’s homepage. The added functionality streamlines transfers and payment collection by […]
Beltone Venture Capital Backs Egyptian homegrown champions ariika and Lychee Expansion into Saudi Arabia
Cairo: Egyptian homegrown champions backed to accelerate Saudi expansion as Beltone Venture Capital cements its role as the region’s leading builder of consumer powerhouses. Beltone Venture Capital (BVC), a subsidiary of Beltone Holding, is doubling down on two of Egypt’s most compelling consumer success stories a direct-to-consumer digital-led home furnishing brand ariika and healthy F&B pioneer Lychee as both […]
Network International launches ‘Slice’, instant zero-cost instalments for UAE shoppers and businesses
New payment option directly available on existing Network POS terminals UAE: Network International (Network), a leading fintech company across the Middle East and Africa, has announced the launch of ‘Slice’, its new instant card-based instalments solution with zero interest and zero fees on purchases in the UAE, in collaboration with leading participating banks. Slice is a […]
Central Bank of Oman Introduces Regulatory Framework for ‘Buy Now Pay Later (BNPL) Services
Muscat – Central Bank of Oman (CBO) has issued a regulatory framework governing ‘buy now, pay later’ (BNPL) services as part of its efforts to promote financial inclusion, support innovative financing solutions and strengthen consumer protection. The framework regulates and licenses BNPL providers, enabling consumers to purchase goods and services immediately and repay the amount […]
Sohar International transforms B2B Travel Payments with launch of Visa Commercial Choice Travel
Muscat, Sohar International, has officially launched Visa Commercial Choice Travel (VCCT) during a high-profile corporate event held at the Mandarin Oriental, Muscat. This milestone establishes Sohar International as the first bank in Oman to introduce this specialized Corporate Credit Card solution, specifically engineered to transform business-to-business (B2B) supplier payments for Online Travel Agencies (OTAs) and travel […]
Abu Dhabi Securities Exchange (ADX) Strengthens ETF Market with Launch of First GCC Shariah Dividend ETF by Lunate
Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX) Group today welcomed the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year. Developed by Abu Dhabi-based global investment manager Lunate, this first-of-its-kind exchange-traded fund tracks high-performing, income-generating, Shariah-compliant[1] equities across the Gulf Cooperation Council (GCC). The listing […]
AXON Secures SAR 4 Million Investment to build the next generation of cross-border payments
DUBAI, UAE – AXON successfully concluded its exclusive Investor Summit in Riyadh, Saudi Arabia, bringing together a distinguished group of investors, decision-makers, and leaders from the fintech and investment sectors across the Kingdom and the wider region to discuss the future of financial infrastructure connecting traditional finance with the digital economy. The event was attended by […]
Emirates NBD Launches Fully Digital Margin Trading Facility with Limits up to AED 10 Million
Offering provides a fully Digital Margin Trading Facility solution, empowering investors to maximise opportunities through sophisticated leverage-based trading Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced a significant upgrade to its Margin Trading Facility, now enabling eligible clients to digitally apply for a credit limit […]
