Dubai, UAE – Visa (NYSE: V), a global leader in digital payments, today announced the expansion of its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa region (CEMEA) through a partnership with Aquanow, a global digital assets platform expert in liquidity and infrastructure solutions. The integration of Aquanow’s digital asset infrastructure […]
Dubai, UAE – UnionPay International (UPI) and Amazon Payment Services have announced a strategic collaboration in the Middle East and North Africa (MENA) region, across countries including UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, Egypt, Jordan, and Lebanon. Luping Zhang, General Manager of UnionPay International Middle East and Pablo Londono, Managing Director of Amazon Payment Services, signed […]
Fundraise provides liquidity for employees, deepens partnerships with leading investors. Transaction was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company with participation from NVentures, NVIDIA’s venture capital arm, and other leading investors. Valuation follows period of strong financial performance and major global expansion milestones, including new banking authorisations in Mexico and Colombia. […]
The new suite of enhanced global dining, entertainment and travel benefits has been designed for cardholders of Mastercard’s World, World Elite and the newly created World Legend portfolios Dubai, United Arab Emirates: Mastercard has launched The Mastercard Collection, a new suite of enhanced global dining, entertainment and travel benefits, in the Eastern Europe, Middle East and […]
Ahead of the UAE’s ‘Year of Family’, Wio Bank introduces a new way for households to manage money together Co-created with real families across the UAE, it reflects how money is lived, shared, and managed socially within households Abu Dhabi, UAE: Wio Bank has launched Wio Family, the UAE’s first fully shared banking experience – […]
Bahrain – BENEFIT, the Bahraini innovator and a leading company in fintech and electronic financial transactions service, and Ant International, a leading global digital payment, digitisation and financial technology provider, headquartered in Singapore, have partnered to launch cross-border QR payments between Bahrain’s BENEFIT QR payment scheme and Ant International’s global wallet gateway, Alipay+, during 2026 support […]
In a landmark move that reaffirms its position as a leader in financial innovation, National Bank of Kuwait (NBK) has announced the launch of Kuwait’s first-ever Point-of-Sale (POS) Financing solution, exclusively tailored for small and medium enterprises (SMEs). This groundbreaking service marks a major milestone in SME banking, offering businesses access to financing of up […]
Manama, Kingdom of Bahrain: In a significant move reflecting its leadership in shaping the digital financial landscape in the Kingdom of Bahrain, FLOOSS, a pioneering provider of digital financing solutions licensed by the Central Bank of Bahrain as an instant Islamic finance company, has announced an increase in its standard financing limit. Going from BD […]
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 […]
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 […]