Sharjah, UAE – Emirates Development Bank (EDB) reaffirmed its commitment to fostering entrepreneurship and innovation by actively participating in the 8th edition of the Sharjah Entrepreneurship Festival (SEF) 2025, held at the Sharjah Research, Technology, and Innovation Park from February 1-2. Under the theme “Where We Belong,” the festival brought together over 300 global speakers from […]
Yuze, a UAE-based fully digital business banking platform, is set to expand its operations to India in the second quarter of 2025. Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers comprehensive financial solutions aimed at supporting local businesses and fueling growth in India’s fast-evolving economy. India’s SME sector, […]
Kuwait: Kuwait Credit Information Network Company (CINET) launched the credit information exchange with the Bahrain Credit Reference Bureau, operated by the BENEFIT Company, to facilitate commercial credit inquiries between Kuwait and Bahrain. This step comes in line with the GCC Supreme Council decision approving the exchange of credit information between GCC member states. The agreement was […]
Dubai, UAE: The Dubai Financial Services Authority (DFSA) today announced the release of its Business Plan for 2025-2026, Advancing Regulatory Excellence and Innovation within the Dubai International Financial Centre. Aligned with Dubai’s Economic Agenda D33, Digital Dubai, and the DIFC 2030 Strategy, the Plan sets out the DFSA’s vision to reinforce the Dubai International Financial Centre (DIFC) as a […]
Qatar’s digital payments market is rapidly expanding, with the number of users projected to reach 2.87 million by 2028. February 03, 2025: BKN301 Group, a London-based Banking-as-a-Service technology provider dedicated to empowering the financial industry and operating in European and MENA markets, has designated its Qatar office as the company’s regional headquarters for the MENA region, […]
Dubai, United Arab Emirates: Newgen Software, a global leader in AI-enabled digital transformation solutions, has announced a partnership with AJIL Financial Services Company (AJIL), a prominent financing company in Saudi Arabia. As AJIL’s digital transformation partner, Newgen will provide its flagship Low-Code Platform and Shariah-compliant financing solutions to streamline its offerings, including Murabaha, Ijarah, and other […]
Dubai, UAE – 28 January 2025: Arab Financial Services (AFS), a leading provider of digital payment solutions and a prominent fintech enabler across the Middle East and Africa, announced its strategic expansion into the United Arab Emirates (UAE). This move follows the successful acquisition of a Retail Payment Services License – Category II from the Central Bank […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, has launched the region’s first personal finance management tool, the ADIB Money Management Tracker, in partnership with Lune, an Emirati fintech company. This innovative offering, is set to change how customers manage their personal finances, allowing them to gain more control […]
Dubai, United Arab Emirates and Manama, Bahrain: Daleel, the Middle East’s personalized financial marketplace, has announced its expansion into the UAE. Daleel, which was founded in Bahrain, has seen unprecedented success and popularity in its home fintech market, seamlessly bridging the gap between customers and financial institutions through its innovative platform. Its strategic growth coincides with […]
Dubai, UAE: IFZA, Dubai’s most dynamic free zone community, recently signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, to provide seamless support and innovative financial solutions to businesses within the IFZA ecosystem. The partnership reinforces a shared commitment of both parties to provide quick […]