ruya unveils ‘Mastercard Cashback Credit Card’ redefining everyday rewards with fully Shariah compliant savings

ruya unveils ‘Mastercard Cashback Credit Card’ redefining everyday rewards with fully Shariah compliant savings

Earn cashback on every purchase, including groceries, fuel, dining or online shopping, and redeem easily through ruya Mobile App. Terms and conditions apply Ajman, UAE: ruya, a digital-first Islamic bank that believes in empowering individuals, businesses and communities in the UAE to help achieve their goals in life, today announced the launch of the ruya Mastercard Cashback […]

ADIB becomes UAE’s first bank licensed to operate as an open finance provider under the UAE’s Open Finance Altareq Initiative

ADIB becomes UAE’s first bank licensed to operate as an open finance provider under the UAE’s Open Finance Altareq Initiative

Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first bank in the UAE to be licensed as a Third‑Party Provider (TPP) or Open Finance Provider under the UAE Central Bank Open Finance AlTareq initiative. This milestone marks a significant step in ADIB’s transformation journey and 2035 vision to […]

Mashreq partners with Toothpick to launch UAE’s First Digital Loan Solution for Healthcare Services

Mashreq partners with Toothpick to launch UAE’s First Digital Loan Solution for Healthcare Services

Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has partnered with Toothpick, a prominent healthcare platform with a network of more than 1,000 dental and aesthetic clinics, to launch Mashreq NEO Credit Loans, a new embedded financing solution that enables customers using Toothpick network clinics across the UAE to access flexible, high-value […]

Maybank completes first transaction under its inaugural pilot project for tokenised deposits and cross-border payment

Datuk Seri Khairussaleh Ramli, president and group CEO of Maybank, said the bank’s strategic focus on the MYR-SGD currency pair reflects the ambition to lead in facilitating seamless cross-border transactions, leveraging Maybank’s Malaysia-Singapore corridor advantage and position as an Asean gateway bank KUALA LUMPUR (March 31): Maybank, a participant of Bank Negara Malaysia’s Digital Asset […]

Du Pay and GCash join forces to deliver added value on cross-border transfers to the Filipino community in the UAE

Dubai, UAE –  du Pay, the advanced digital financial services platform from du, a secure mobile application for managing money in the UAE, has signed a strategic Memorandum of Understanding (MoU) with GCash, the Philippines’ leading super finance app, to enhance the overall cross-border payment experience of overseas Filipinos in the United Arab Emirates (UAE). As […]

Hillhouse Investment Management Expands Middle East Presence with New ADGM Office and FSRA License

New office in ADGM underscores Hillhouse’s confidence in Abu Dhabi’s role as a global financial hub and long-term regional growth Hillhouse Investment Management (“Hillhouse”), one of the world’s leading global private alternative asset managers, today announced the opening of a new office within ADGM and that it has obtained a Category 3C license from the […]

Visa launches new AI Tools to Manage the Charge Dispute Process

Fraudulent disputes and administrative inefficiencies drive billions in avoidable economic costs Six new and enhanced dispute resolution tools utilize AI and proprietary technology to help provide issuers, acquirers and merchants with increased visibility into costly fraud expenses SAN FRANCISCO–(BUSINESS WIRE)– Visa (NYSE: V), a global leader in digital payments, announced six new dispute resolution tools designed […]

Qashio Launches “Qashio For You” Initiative with Dubai Chambers roll out $2.7m support programme for SMEs

Qashio Launches “Qashio For You” Initiative with Dubai Chambers roll out $2.7m support programme for SMEs

The programme is being rolled out in collaboration with Dubai Chambers, reinforcing a shared commitment to strengthening the emirate’s business ecosystem during a period of economic pressure. Dubai, UAE: Qashio, the leading spend management platform headquartered in Dubai, has announced the launch of “Qashio For You”, a targeted initiative designed to support small and medium-sized […]

IHC advances USD 1bln investment to acquire majority stake in India’s Sammaan Capital

IHC advances USD 1bln investment to acquire majority stake in India’s Sammaan Capital

IHC to acquire 41.5% stake in Sammaan Capital for USD 1 billion 26.9% stake already acquired, with remaining stake via warrants over 18 months IHC to become Promoter of Sammaan Capital, reinforcing its strategic expansion into India’s financial services sector Abu Dhabi, UAE: IHC, a global investment company focused on building dynamic value networks, today announced […]