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 […]
Kuwait: As part of its strategy to drive digital transformation across all services and products offered to its customers and meet their evolving needs, Warba Bank announced the launch of its new digital platform, Warba Invoice Gate, designed to streamline and accelerate the processing of supplier invoices related to individual financing products (auto financing, medical […]
Dubai, UAE: Comera Pay is excited to unveil their latest innovation designed for today’s global lifestyle — the Comera Multi-Currency Visa Card. Whether you’re managing international transactions, making cross-border purchases, or spending in multiple currencies, this card makes global transactions simpler, smarter, and more secure. Key Highlights: ✨ Hold and spend in multiple currencies ✨ […]
Muscat – The Central Bank of Oman (CBO) has announced the approved fee structure for the national payment card “Maal” consumer Debit and Prepaid card. The announcement of the “Maal” card fee structure comes in conjunction with the announcement of the pilot launch of the card on November 20, coinciding with the celebration of Oman’s […]
Manama, Bahrain – Standard Chartered Bahrain announced today the launch of its Signature Chief Investment Office (CIO) Islamic Funds, introducing a new range of Shariah-compliant investment solutions designed to meet rising demand from regional and global investors. Available to the Bank’s Wealth and Retail Banking clients across 12 markets globally, the Signature CIO Funds are designed […]
This pre-approval highlights SunTec’s role in driving nationwide e-invoicing adoption and strengthening tax compliance. Dubai, United Arab Emirates – 19 November 2025: SunTec (Xelerate) Business Solutions DMCC, the Dubai-based subsidiary of SunTec Business Solutions, a global leader in enterprise revenue management and compliance automation, has officially been pre-approved by the UAE Ministry of Finance as […]
DUBAI: Mastercard Agent Pay, debuted in Dubai in the presence of H.E. Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work will enable consumers to browse, compare and purchase through AI-powered digital agents Dubai, UAE; 19 November 2025: In a world where artificial intelligence is reshaping how people shop, pay, […]