Ripple Expands Middle East Presence with New Regional HQ in Dubai’s DIFC

Ripple Expands Middle East Presence with New Regional HQ in Dubai’s DIFC

New DIFC-located regional headquarters for Middle East and Africa creates capacity to double the size of existing operations to meet growing regional demand DUBAI, April 30, 2026 – Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced an expansion of its presence in the UAE with the opening of its […]

Infinite IT Solutions receives pre-approval as Accredited Service Provider for UAE e-Invoicing Mandate

Infinite IT Solutions receives pre-approval as Accredited Service Provider for UAE e-Invoicing Mandate

Dubai, UAE – Infinite IT Solutions, a leading provider of enterprise e-invoicing and automation solutions in the Gulf region, today announced it has received pre-approval as an Accredited Service Provider (ASP) under the UAE’s upcoming e-invoicing mandate. This accreditation positions Infinite as one of the first technology providers to combine global e-invoicing expertise with deep GCC […]

RAKBANK and Network International Complete Strategic Partnership to Boost UAE Payments Ecosystem

RAKBANK and Network International Complete Strategic Partnership to Boost UAE Payments Ecosystem

RAKBANK and Network International complete their strategic partnership following Central Bank approval, strengthening digital payment solutions for SMEs and corporates and supporting the UAE’s growing digital commerce and fintech ecosystem. Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed […]

Mashreq and Cashew deepen collaboration to Advance Embedded Lending in the UAE

Mashreq and Cashew deepen collaboration to Advance Embedded Lending in the UAE

Dubai, UAE: Mashreq, a leading financial institution in the MENA region, and Cashew, a UAE-based fintech platform, are strengthening their collaboration to co-create an embedded lending framework that brings together regulated banking expertise and digital platform innovation. Leveraging Cashew’s technology infrastructure alongside Mashreq’s regulated lending, credit decisioning, and risk governance capabilities, the framework embeds financing directly […]

DIFC welcomes 775 new companies in Q1 2026 with 62% surge, boosting Dubai’s Global Financial Hub Status

DIFC welcomes 775 new companies in Q1 2026 with 62% surge, boosting Dubai’s Global Financial Hub Status

Dubai International Financial Centre (DIFC) announced strong momentum during the first three months of 2026, attracting new global, regional and local clients. 775 new companies established their regional presence in DIFC during the first three months of 2026, reflecting the Centre’s prominence for finance, business, and innovation. This represents a 62 percent increase on the same […]

A Central Asian fintech OSON gains DFSA license as part of strategic expansion into UAE and GCC markets

A Central Asian fintech OSON gains DFSA license as part of strategic expansion into UAE and GCC markets

OSON, a Central Asian financial technology holding, has obtained a regulatory license from the Dubai Financial Services Authority (DFSA), enabling the company to operate within the Dubai International Financial Centre (DIFC) as a regulated financial entity. This development represents a significant milestone in OSON’s international expansion strategy and establishes a foundation for its regional hub […]

Tether collaborates with Fasset to launch the first gold-backed Visa card and ATMs globally

Tether collaborates with Fasset to launch the first gold-backed Visa card and ATMs globally

Tether, the largest company in the digital asset industry, today announced the launch of the world’s first gold-backed Visa neobanking card in collaboration with Fasset, a stablecoin neobanking and investment platform that allows users to receive money, invest, earn, and make payments from anywhere in the world — marking a strategic step towards mainstream use cases for […]

Ministry of Finance UAE Approves SpendConsole as Pre-Approved eInvoicing Service Provider, Strengthens Offering Through Strategic Partnership with CPX

Ministry of Finance UAE Approves SpendConsole as Pre-Approved eInvoicing Service Provider, Strengthens Offering Through Strategic Partnership with CPX

SpendConsole, an AI-powered payables orchestration platform, has been officially named a Pre-Approved eInvoicing Service Provider by the Ministry of Finance UAE, under the country’s national electronic invoicing framework. The approval, granted in accordance with Article 15 of Ministerial Decision No. 64 of 2025, places SpendConsole among a select group of providers authorised to participate in […]

Emirates Islamic becomes First Islamic Bank in the UAE to offer Digital Investment in Precious Metals

Emirates Islamic becomes First Islamic Bank in the UAE to offer Digital Investment in Precious Metals

Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced the launch of a Shari’ah-compliant digital investment solution in gold and silver, seamlessly integrated into the bank’s EI + Mobile Banking App. The new offering, a first-of-its-kind by an Islamic bank in the UAE, empowers customers to buy and sell […]

ABHI partners with UAE’s Federal Exchange to enhance Financial Inclusion and Cross-Border Payments

ABHI partners with UAE’s Federal Exchange to enhance Financial Inclusion and Cross-Border Payments

Dubai: ABHI, one of the MENAP region’s neobanks of the future and SME-lending fintechs, has announced its partnership with Federal Exchange, a prominent currency exchange and remittance service provider in the UAE. This collaboration marks a significant step in delivering efficient, secure, and real-time financial services to individuals and businesses across the region. “This partnership […]