Early issuing partners in Egypt engaging in the Visa Agentic Ready program include National Bank of Egypt, Banque Misr, Qatar National Bank Egypt, Arab African International Bank, Alex Bank, and Bank NXT. Cairo, Egypt: Visa, a global leader in digital payments, today announced the launch of its global Agentic Ready program in Central Europe, Middle East, […]
Mastercard partners with Commercial International Bank to support digital payments innovation
Cairo, Egypt : Mastercard and CIB, Egypt’s leading and largest private-sector bank, have renewed their partnership to support digital payments innovation and expand access to financial solutions in Egypt. This partnership enables Mastercard to support CIB across core digital payments capabilities and card issuance, allowing the bank to deliver secure, seamless, and efficient payment experiences for consumers […]
ARP Digital joins Fireblocks Network for payments as the GCC’s regulated corridor settlement partner
MANAMA, Bahrain: ARP Digital, a regulated digital capital infrastructure platform, today announced its integration into the Fireblocks Network for Payments as the network’s designated GCC corridor settlement partner. The collaboration enables fintechs, payment service providers, and financial institutions operating on the Fireblocks Network to access regulated on/off-ramp and corridor settlement infrastructure across the GCC’s primary […]
Payit Partners with Rewardz to Launch Customer Rewards Programme, Strengthening Its Digital Financial Ecosystem
Dubai, UAE, May 2026: Payit, a leading digital financial platform in the UAE backed by First Abu Dhabi Bank, has partnered with Rewardz to launch its customer rewards programme. marking another milestone in Payit’s evolution into a broader digital financial ecosystem designed to help customers send, spend, save, borrow, and manage their finances through one […]
Mashreq Launches UAE’s First One-Day Business Account Opening Promise for SMEs
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has announced the launch of its groundbreaking One-Day Service Promise to business customers, making the bank the first in the UAE to guarantee business account opening within one day. This service will be offered through NEO BIZ, Mashreq’s digital-first business banking proposition, backed by […]
Deem Finance and Yusr announces strategic partnership to advance embedded finance and BNPL solutions in the UAE
Dubai, United Arab Emirates – Deem Finance today announced the signing of a strategic partnership agreement with Yusr, a regulated fintech with an established track record in Kazakhstan, as Yusr expands its operations into the United Arab Emirates. The partnership marks another step in Deem’s broader strategy to collaborate with credible fintech innovators to build scalable, […]
BlueFive Capital acquires 49% stake of Massar Solutions from TAQA
The strategic investment advances the UAE’s transport ecosystem by creating an integrated mobility platform, supporting the country’s economic diversification goals. Abu Dhabi, United Arab Emirates: BlueFive Capital, a global alternative investment platform, today announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (TAQA). Solutions+, a UAE […]
Arab Financial Services and Libyan Islamic Bank partner to advance Libya’s digital payments infrastructure
Manama, Kingdom of Bahrain: Arab Financial Services (AFS), the Middle East and Africa’s leading digital payments and fintech enabler, has announced a strategic partnership with Libyan Islamic Bank (LIB) to accelerate the modernization of Libya’s payment landscape through advanced card issuance, processing, and digital infrastructure solutions. Through this collaboration, Libyan Islamic Bank will leverage AFS’s advanced […]
UAE’s Mal secures central bank in-principle approval to launch AI-native Islamic digital bank targeting $7tn market
Source: Arabian Business It comes months after Mal raised $230m in a seed funding round, which the company said was the largest fintech seed raise in Middle East and Africa history. Abu Dhabi-based fintech startup Mal has received in-principle approval from the UAE Central Bank (CBUAE) to establish what it describes as the world’s first AI-native Islamic […]
Indonesia–China Launch Cross-Border Payments Connectivity, Connecting Millions of Merchants via Ant International’s Alipay+
SINGAPORE — Under the guidance of Bank Indonesia and People’s Bank of China, the China-Indonesia cross-border QR payment linkage was launched between Indonesia’s Quick Response Code Indonesian Standard (QRIS) and China’s leading payment ecosystems, enabled by Alipay+, the unified wallet gateway of Ant International, and UnionPay International. A milestone in regional connectivity, the initiative opens a […]