Dubai, UAE: Network International (Network), a leading FinTech company across the Middle East and Africa, announced the renewal of its processing and back-office management agreement with Emirates NBD Group, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region. Under the renewed commercial arrangement, Network will continue to provide processing and back-office […]
Manama, Kingdom of Bahrain: Rain Management W.L.L (Rain Bahrain) and BENEFIT—the Kingdom’s leading innovators in fintech and electronic financial services—have joined forces to bridge the gap between traditional finance and the digital asset economy. As a result of this strategic partnership, Rain becomes the first crypto platform in Bahrain to integrate BenefitPay as a direct payment […]
London, 12th May 2026 – Paymentology, the leading global issuer-processor, today announced a $175 million investment co-led by Apis Partners (”Apis”), a private equity firm specialising in financial infrastructure and services, and Aspirity Partners (“Aspirity”), a pan-European Private Equity firm focused on Financial Technology & Services and Enterprise Technology & Connectivity Services. The investment will support Paymentology’s continued global […]
Launch coincides with Letshego’s 15-year milestone in the market MAPUTO, Mozambique, Mastercard, in collaboration with Mozambican financial services provider Letshego, has launched a debit card in Mozambique, marking a significant step forward in enhancing access to secure, convenient, and globally accepted digital payment solutions. The introduction of the Letshego Debit Card supports Mozambique’s transition toward a […]
• Revenue increased by 23% to AED 12.4 billion (US$ 3.4 billion) • EBITDA grew by 34% to AED 7.2 billion (US$ 2 billion) • Net profit before tax rose by 33% to AED 7.2 billion (US$ 2 billion) Dubai, United Arab Emirates: Emaar Properties PJSC (DFM: EMAAR) delivered a strong start to the year 2026, supported by […]
Abu Dhabi Airports Free Zone (ADAFZ), the commercial free zone division of Abu Dhabi Airports, sealed transformative memoranda of understanding (MoUs) with prominent ecosystem partners—Abu Dhabi Food Hub and Wio, the UAE’s top digital banking provider—while showcasing its capabilities at the Make it in the Emirates (MIITE) 2026 event. Overseeing one of Abu Dhabi’s most […]
Beltone Venture Capital and UAE-based Citadel International Holdings’ joint fund have successfully exited Bosta, delivering an outstanding 75% IRR. This milestone marks another significant achievement in the fund’s investment journey and reinforces the strength of strategic partnerships, disciplined execution, and value creation. The transaction represents the fifth successful exit for Beltone Venture Capital since its […]
Dubai, UAE – SHUAA Capital psc (DFM: SHUAA), a pioneer in regional financial services with a history spanning over four decades, and Key Capital Ltd, the region’s first dedicated venture capital secondaries asset manager, today announced a strategic partnership to support the development of the venture capital secondaries market across MENA and EMEA. Key Fund I […]
United Arab Emirates, May 11, 2026 — AE Coin, the UAE’s first Central Bank-licensed, AED-backed stablecoin, is now accepted by Nephos Group as the first professional services firm in the region to accept stablecoin payments, marking AE Coin’s arrival in mainstream business services. The move signals a broader evolution in how regulated digital currencies are […]
Source: Reuters Hong Kong: Major Middle Eastern banks are accelerating their expansion in Hong Kong as they seek to deepen connectivity with China and support growing trade and investment flows between the Middle East and Asia. According to a Reuters report, First Abu Dhabi Bank, the UAE’s largest lender by assets, plans to nearly double […]