For breaching common reporting standard regulations, foreign account tax compliance regulations. ADGM’s Financial Services Regulatory Authority Fines 23 Entities for Breaching Common Reporting Standard Regulations, Foreign Account Tax Compliance Regulations Abu Dhabi, 26 May 2025: The Financial Services Regulatory Authority (FSRA) of ADGM imposes penalties totaling AED 610,000 on 23 entities for contraventions of the […]
Developed in partnership with Transworld Business Advisors, the platform specialises in mergers and acquisitions and is accessible to investors worldwide. Mohamed Al Musharrkh: The platform reinforces Sharjah’s status as a regional hub for M&A activities in the SME sector. Ahmad Ibrahim: We are confident in the long-term impact this platform will have in enhancing the […]
Abu Dhabi, UAE: On the final day of Make it in the Emirates 2025, Emirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial growEmirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial growth, has launched EDB 360, a groundbreaking, fee-free digital banking platform built to supercharge the ambitions […]
Dubai – areeba, a global leader in payment infrastructure, has partnered with Foo, a pioneering provider of digital banking and fintech solutions, to introduce a fully integrated – program for digital services. This bundled offering enables banks and fintechs to build their own secure and scalable card programs and wallets without the need for complex infrastructure. This […]
Dubai, UAE – Al Ansari Exchange, a subsidiary of Al Ansari Financial Services and the largest remittance and foreign exchange company in the UAE, and UnionPay International announced today the launch of MoneyExpress remittance service in the UAE. This partnership marks a significant milestone, as Al Ansari Exchange becomes the first exchange company in the entire […]
Dubai – SC Ventures, Standard Chartered’s innovation, FinTech investment and ventures arm, has signed a strategic partnership with DIFC Innovation Hub to launch the National Venture Studio, a new initiative aimed at accelerating innovation and supporting venture creation across the region. As part of the collaboration, SC Ventures is providing its Venture Building as a Service (VBaaS) […]
UPESI Money Transfer, one of Africa’s leading remittance service providers, has announced the appointment of Mr. Fareed Jillani as Head of Marketing for the Middle East and Europe. This strategic move comes as the company intensifies its efforts to expand its footprint across key international markets. Fareed Jillani is also the CEO of UAE-based Lejion […]
Oman: In a key step for Oman’s growing fintech landscape, AmwalPay has officially announced its integration with Shopify, becoming the first Omani payment gateway licensed by the Central Bank of Oman to be directly available for Shopify merchants. Through this integration, merchants in Oman can now activate AmwalPay as a payment provider on their Shopify […]
DUBAI, UAE — Leading global digital payment solutions provider Checkout.com, has entered a strategic partnership with du Pay, one of the UAE’s fastest-growing fintech platforms focused on advancing financial inclusion and accessibility across the UAE. This collaboration enables du Pay to leverage Checkout.com’s robust and scalable payments infrastructure to deliver high performance payments and elevate its core offerings, […]
Dubai, United Arab Emirates – Astra Tech, the UAE-based consumer technology holding group, has announced the launch of the ‘Send Now, Pay Later’ (SNPL) feature within its Botim Ultra App. This feature enables users to instantly remit up to AED 5,000 to over 200 countries, offering them the flexibility to repay over a period of six […]