UAE Launches First CBDC Payment to China Through mBridge

UAE Launches First CBDC Payment to China Through mBridge

Abu Dhabi, UAE — Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, on Wednesday executed the first-ever cross-border payment using the UAE’s central bank digital currency (CBDC), marking a historic milestone in the nation’s digital financial transformation. The landmark Digital Dirham transaction—conducted between the UAE and […]

First.tech and ELM Partners to explore Cross-Border Digital Services

First.tech and ELM Partners to explore Cross-Border Digital Services

Collaboration to assess joint opportunities across insurtech and govtech to enable seamless access to services for citizens, residents and visitors Agreement aims to simplify digital experiences and support regional trade and innovation across the UAE and Saudi Arabia Abu Dhabi, UAE: First.tech, a global AI-driven group operating across insurtech, fintech, and govtech, has signed a Memorandum […]

Warba Bank launches Warba Invoice Gate to accelerate supplier invoice processing

Warba Bank launches Warba Invoice Gate to accelerate supplier invoice processing

Kuwait: As part of its strategy to drive digital transformation across all services and products offered to its customers and meet their evolving needs, Warba Bank announced the launch of its new digital platform, Warba Invoice Gate, designed to streamline and accelerate the processing of supplier invoices related to individual financing products (auto financing, medical […]

Comera Pay Introduces Multi-Currency Visa Card – Now Live!

Comera Pay Introduces Multi-Currency Visa Card – Now Live!

Dubai, UAE: Comera Pay is excited to unveil their latest innovation designed for today’s global lifestyle — the Comera Multi-Currency Visa Card. Whether you’re managing international transactions, making cross-border purchases, or spending in multiple currencies, this card makes global transactions simpler, smarter, and more secure. Key Highlights: ✨ Hold and spend in multiple currencies ✨ […]

Oman’s “Maal” Card to Launch November 20, With New CBO-Approved Fee Structure

Oman’s “Maal” Card to Launch November 20, With New CBO-Approved Fee Structure

Muscat – The Central Bank of Oman (CBO) has announced the approved fee structure for the national payment card “Maal” consumer Debit and Prepaid card. The announcement of the “Maal” card fee structure comes in conjunction with the announcement of the pilot launch of the card on November 20, coinciding with the celebration of Oman’s […]

Standard Chartered launches Signature CIO Islamic Funds offering for clients in Bahrain

Standard Chartered launches Signature CIO Islamic Funds offering for clients in Bahrain

Manama, Bahrain – Standard Chartered Bahrain announced today the launch of its Signature Chief Investment Office (CIO) Islamic Funds, introducing a new range of Shariah-compliant investment solutions designed to meet rising demand from regional and global investors. Available to the Bank’s Wealth and Retail Banking clients across 12 markets globally, the Signature CIO Funds are designed […]

SunTec (Xelerate) Business Solutions DMCC approved by UAE Ministry of Finance as an Official e-Invoicing Provider

SunTec (Xelerate) Business Solutions DMCC approved by UAE Ministry of Finance as an Official e-Invoicing Provider

This pre-approval highlights SunTec’s role in driving nationwide e-invoicing adoption and strengthening tax compliance. Dubai, United Arab Emirates – 19 November 2025: SunTec (Xelerate) Business Solutions DMCC, the Dubai-based subsidiary of SunTec Business Solutions, a global leader in enterprise revenue management and compliance automation, has officially been pre-approved by the UAE Ministry of Finance as […]

Mastercard Brings Agentic Payments to Life with Majid Al Futtaim in the UAE

Mastercard Brings Agentic Payments to Life with Majid Al Futtaim in the UAE

DUBAI: Mastercard Agent Pay, debuted in Dubai in the presence of H.E. Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work will enable consumers to browse, compare and purchase through AI-powered digital agents Dubai, UAE; 19 November 2025: In a world where artificial intelligence is reshaping how people shop, pay, […]

Demeter Tactical Investments Launches ADGM Office, Appoints John Hensel to Lead Middle East Expansion

Demeter Tactical Investments Launches ADGM Office, Appoints John Hensel to Lead Middle East Expansion

Abu Dhabi, UAE : In line with receiving its Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM), Demeter Tactical Investments (ME) Ltd. has officially launched its new office in the UAE capital and has appointed John Hensel as the Senior Executive Officer and Senior Vice President of Middle East Markets. A […]

HSBC launches Green Deposits for corporate and institutional clients in the UAE

HSBC UAE launches Cross Currency Cash Concentration Solution to enhance liquidity management for corporates

Dubai, UAE: HSBC UAE has announced the launch of its Cross Currency Cash Concentration Solution, a significant enhancement to its suite of global liquidity management solutions. The UAE will be the first market to introduce this capability, followed by other MENA markets. The innovative solution enables corporate and institutional banking clients to automatically consolidate cash […]