DUBAI: Dubai’s Roads and Transport Authority (RTA) has announced the completion of 72% of the project to develop and upgrade the existing nol system, Dubai’s Nol Card to work like a bank card currently operating on card-based ticketing (CBT), into a digital payment system powered by account-based ticketing (ABT). The upgraded system will be the […]
TotalPay has obtained technical certification from the Saudi Central Bank (SAMA) as an E-commerce Payment Technical Service Provider (PTSP). This milestone marks an important step in regional expansion and reinforces its commitment to delivering secure, reliable, and innovative payment technology solutions to businesses across the Kingdom of Saudi Arabia. TotalPay looks forward to partnering with […]
Perk (formerly TravelPerk), the intelligent AI-native platform for travel and spend management, today announced the opening of its Perk Middle East office in ADGM, the international financial centre of Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO). About the Perk Middle East office The expansion reflects Abu Dhabi’s continued emergence as a […]
Dubai, UAE – KamelPay, the UAE-born fintech building integrated financial solutions for businesses and their workforce, has launched AbsoluteCard, a complete corporate payments ecosystem built for the way businesses spend, control and reconcile. AbsoluteCard brings together a web portal, a mobile app and a corporate card powered by the Mastercard network and sponsored by Mawarid Finance. […]
Mete Guney, Executive Vice President, Market Development, EEMEA, Mastercard and Kaan Terzioglu, CEO, VEON Group Dubai – VEON Ltd. (Nasdaq: VEON), a global digital operator, and Mastercard collaborate to accelerate the development of inclusive, intelligent, and accessible Financial Services Accessibility across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The collaboration is designed to bring together VEON’s local digital […]
Dubai, United Arab Emirates – Standard Chartered today announced the launch of its capability enabling institutional clients to access USDC minting and redemption, developed in partnership with Circle Internet Group, Inc. (Circle) (NYSE: CRCL), the issuer of USDC[1] through its regulated entities. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) licensed to offer […]
Landmark partnership creates a leading global Shariah-compliant asset management platform with $3.8 billion in AUM and regulated presence across Saudi Arabia, the UAE and Singapore BlueFive Capital, Jeddah, Saudi Arabia, July 1, 2026: BlueFive Capital, a global investment platform managing $15 billion in assets, has successfully completed the acquisition of a substantial stake in Sidra […]
Intelligent Wealth Ecosystem is an integrated wealth platform designed to connect investing, robo-advisory, financial planning, investment research, and human-supervised AI into one connected financial journey. Built with a multi-market vision across the Middle East and Europe, Intelligent is developing a platform for individuals, advisors, and institutions looking for a more structured way to make financial […]
Since the launch of stablecoin settlement capabilities a year ago in CEMEA, settlement volumes have increased nearly 60 times Outlined a series of AI Token Stablecoin capabilities Visa today outlined a series of AI Token Stablecoin capabilities designed to help clients across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region participate in […]
Riyadh, Saudi Arabia — 29 June 2026: Tabby, the financial services app, today announced it has received a consumer finance licence and an SME finance licence from the Saudi Central Bank (SAMA). The licences let Tabby offer customers in Saudi Arabia longer plans on larger purchases, alongside the 4 interest-free monthly payments they already use, and […]