Abu Dhabi, UAE: The Central Bank of the UAE (CBUAE) has announced key outcomes of its comprehensive proactive UAE support package aimed at strengthening the resilience of financial institutions and supporting customers impacted by economic disruptions. According to the CBUAE, the total value of facilities benefiting from the package reached AED6.2 billion. The measures included […]
Standard Chartered appoints Michelle Swanepoel as Head of Financing and Securities Services, Middle East and Africa
DUBAI, United Arab Emirates – Standard Chartered announced the appointment of Michelle Swanepoel as Head of Financing and Securities Services (FSS), Middle East and Africa. Based in Dubai, she will lead the business across the region effective 1 July 2026. Michelle succeeds Scott Dickinson, who will be retiring from the bank on 30 June after more […]
Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally
Global, May 8, 2026 Bitget, Bitget Launches QR-Based Payments for Daily Needs, the world’s largest Universal Exchange (UEX), has introduced its Scan to Pay feature on Bitget Pay, enabling users to spend USDT directly at offline merchants by scanning QR codes through the Bitget App. The feature is now live across selected markets across Southeast […]
Mastercard Launches ‘Built Small. Moving Strong’ to Support SME Resilience Across MENA
Mastercard brings together banks, government entities and ecosystem partners to help small businesses across the Middle East sustain operations and accelerate recovery Dubai, UAE: Mastercard has launched Built Small. Moving Strong, a regional resilience program designed to support small and medium-sized enterprises (SMEs) as they navigate a challenging operating environment marked by supply chain disruption and tightening […]
Emirates Islamic launches UAE’s first Shariah-Compliant Certificate of Deposit Programme
The launch marks a significant milestone for the bank, positioning it among the global pioneers in Islamic Certificate of Deposit Programmes and the first in the UAE Programme size is set at USD 2 billion Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has successfully launched the UAE’s first Shari’ah-compliant […]
ADX launches new integrated trading services to accelerate investor access and market efficiency
Abu Dhabi, United Arab Emirates: x The Abu Dhabi Securities Exchange (ADX) Group, one of the world’s fastest-growing exchanges, is pleased to launch ADX Managed Services (AMS) — its latest suite of integrated, API-driven trading solutions and services designed to simplify investing and unlock faster access to market opportunities for investors in the UAE and globally. […]
Checkout.com and Mastercard report reveals: MENA emerges as one of the fastest growing regions to adopt tokenization at 344.9%
Dubai, UAE, 7 May 2026: A new white paper by Mastercard and Checkout.com reveals a massive year-on-year surge in tokenization transactions processed through Mastercard in the MENA region at 344.9% – emerging as one of the world’s fastest accelerating regions for network tokenization, according to Checkout.com’s data. This trend is fueled by rapid digital commerce […]
Abu Dhabi Islamic Bank (ADIB) Becomes First UAE Bank to Join ADX’s Tabadul Platform Through ADIB Securities
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, rang the market-opening bell at Abu Dhabi Securities Exchange (ADX) to mark its role as the first bank in the UAE to participate as a broker, through ADIB Securities, on Tabadul, ADX’s cross-border trading platform. Tabadul connects regional and international markets on a […]
Mastercard and Yellow Card partner to unlock Stablecoin payment innovation across Eastern Europe, the Middle East & Africa
Dubai, UAE – Mastercard and Yellow Card, a licensed stablecoin infrastructure provider operating primarily across Africa, with additional capabilities in select emerging markets, have announced a strategic partnership to accelerate stablecoin-enabled payment innovation across Eastern Europe, the Middle East, and Africa (EEMEA), with plans for global expansion. The collaboration will explore breakthrough applications for stablecoin payments […]
IMKAN partners with Zelo to deliver embedded financing solutions across its contractor and supplier network
Initiative is designed to unlock working capital, reduce liquidity constraints and strengthen supply chain resilience across IMKAN’s project pipeline. Reflects the growing convergence of embedded finance and real estate development in the UAE, supporting sector-wide growth and SME participation. Abu Dhabi, UAE: IMKAN, a leading global master developer based in Abu Dhabi, and Zelo, a UAE-based […]