GCC Region – Ubuy, a leading cross-border e-commerce platform serving customers across the GCC, has announced the integration of Tabby as a new payment solution for customers in Saudi Arabia and the United Arab Emirates. The partnership enables shoppers to split their purchases into convenient installment plans, enhancing flexibility and accessibility for international shopping. The new […]
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has confirmed the continued provision of its banking services to customers through its open branches and digital channels, alongside the ongoing daily draw campaign during the Holy Month of Ramadan for “Al Waffer” account customers. This comes as part […]
Muscat – Oman Investment Bank is pleased to announce the successful completion of a US$130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by a consortium of investors led by sovereign entities of the Sultanate of Oman. Oman Investment Bank acted as financial adviser to the lead investor on the transaction, supporting the investment […]
MARCH 11, 2026 | SINGAPORE Single platform delivers multi-currency support, real-time visibility and seamless integration Small and medium-sized enterprises (SMEs) across Asia Pacific are moving faster into global trade, but the complexity and limited visibility in corresponding payments processes continue to slow growth. Mastercard today announced that it is introducing Mastercard Global Commerce Suite for […]
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has been named ‘Risk Manager of the Year 2026’ at the prestigious Central Banking Awards. Presented by the UK- based Central Banking publication, the award recognises central banks that demonstrate exceptional excellence and adopt world-class methodological practices in risk management. This global award serves as […]
NjiaPay has secured $2.1m (R35m at R16,66 per US dollar) in seed funding led by European investor Newion Partners to expand its payment orchestration platform across Africa. The Cape Town-based fintech provides software that helps businesses manage multiple payment service providers through a single integration. The company said the funding will be used to grow […]
United Arab Emirates, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of AED trading pairs, allowing users to trade supported digital assets directly using AED balances deposited via local UAE bank accounts. The new offering enables eligible users to trade in AED directly without first converting funds into another currency, simplifying access to digital […]
UAE – Dubai: Today, the XTB investment app launched emergency lock, a new security feature that helps clients protect their assets quickly. If a login looks suspicious or something feels off, clients can now block withdrawals, card payments, and asset sales with a single tap to keep their money safe. Financial scams and data breaches are […]
Abu Dhabi, UAE — Shorooq today announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched artificial intelligence company founded by AI pioneer Yann LeCun, alongside a global consortium of leading venture capital firms and technology investors. The round, one of the largest seed financings ever raised by […]
Dubai, UAE, TransFi, a global payments infrastructure and orchestration company focused on emerging markets, today announced that it has surpassed $1 billion in processed volume on its platform, marking a significant milestone in the company’s growth. The company also said it is set to achieve $5 billion processed transaction volume in the next 12 months, based on the current […]