UAE drives fintech innovation across the region on the back of positive growth indicators. 77% of founders and C-suite executives said MENA fintech was stronger in 2025 than in the year before Optimism meets funding constraints and cross-border regulatory challenges UAE and Saudi Arabia identified as the region’s leading fintech innovation hubs, with structural regulatory […]
Sarwa, one of the GCC’s most-recognised investment and personal finance platforms, has crossed $1 billion in client assets, becoming the first UAE-founded FinTech platform to reach this milestone. Having been selected to participate in the UAE’s inaugural FinTech accelerator programme based in Dubai International Financial Centre (DIFC) in 2017, Sarwa subsequently became the first to […]
Sara Al Binali has been appointed CEO to lead the bank’s long-term growth agenda Abu Dhabi, UAE – In a landmark first for the UAE financial services landscape, Reem Finance has completed its transformation into Reem Bank (RB), becoming the only finance company in the UAE ever to successfully upgrade to a community banking licence, granted by the […]
The collaboration supports broader participation in digital payments across the UAE Dubai, UAE, 04 May 2026 – botim money, the financial services arm of botim has expanded its collaboration with Mastercard to power the next phase of its card issuance journey, supporting growth and digital-first payments. Building on more than two years of issuing Mastercard cards, the […]
The UAE’s private sector is getting ready to implement mandatory e-invoicing in phases from July 1, 2026, that is expected to reduce downtime, increase transparency, and improve the collection of Value-Added Tax (VAT) and Corporate Tax. The system will strengthen the UAE digital economy, officials said at a conference organised by the Dubai Chapter of […]
ADGM, the international financial centre of Abu Dhabi, today announced that Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA). RCM’s new Abu Dhabi office is located in the Sky Tower within ADGM’s jurisdiction and further expands the firm’s international footprint, […]
Dubai, UAE; UAE based fintech company VaultsPay has entered into a strategic collaboration with Mastercard. The two organizations formalized their agreement marking a milestone intended to enhance digital payment capabilities and support financial inclusion across the UAE. Through this collaboration, VaultsPay will leverage Mastercard’s global network and technology to issue virtual and physical payment cards, further expanding its […]
Dubai, UAE – 01 May 2026 ONS FinServ Group today announced that it has secured a Corporate Service Provider (CSP) license within the Dubai International Financial Centre (DIFC), marking a significant milestone in the firm’s continued expansion of its integrated financial services platform. This marks a defining moment for ONS FinServ Group, reinforcing the strength […]
cent of UAE consumers used their mobile phone in their most recent retail purchase, while 37 per cent complete online shopping directly on mobile devices, the highest rate globally Visa has invested US$3.3 billion in artificial intelligence and data capabilities over the past decade for fraud prevention. Within Majid Al Futtaim’s SHARE ecosystem, AI‑led personalisation […]
Visa, a world leader in digital payments, has appointed Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, as its official National Net Settlement Service (NNSS) Agent in the UAE. This move allows Visa’s domestic card transactions to be settled by Emirates NBD locally in UAE Dirhams (AED) […]