areeba has announced that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to operate Stored Value Facilities (SVF) and Retail Payment Services – Category III, under the applicable SVF, Retail Payment Services, and Card Schemes Regulations. The regulatory approval marks a significant milestone in areeba’s expansion journey in the UAE […]
RAKBANK receives in-principle approval from the Central Bank of the UAE to launch an AED-backed stablecoin
Ras Al Khaimah, United Arab Emirates – RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token i.e., stablecoin, subject to the completion of regulatory and operational requirements. This marks an important step in RAKBANK’s digital assets journey and reflects the Bank’s […]
Network International becomes first payments platform to power Stablecoin payments in the UAE through AE Coin
Dubai, UAE: Network International, a leading fintech company across the Middle East and Africa, has become the first payments platform to enable regulated Stablecoin payments in the UAE through AE Coin acceptance, following the signing of a Memorandum of Understanding (MoU) with Al Maryah Community Bank (MBank). The partnership will see the integration of AE Coin, […]
Bank Nizwa launches partial payment service for cheques issued by the Central Bank of Oman
Muscat: Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has announced the implementation of the Partial Payment of Cheques service in line with the Central Bank of Oman’s guidelines on partial cheque payments. This national initiative aims to enhance cash flow for individuals and businesses and reduce the likelihood of […]
Valu receives final approval from the Central Bank of Jordan to launch operations
Amman, Jordan: Valu, the leading universal financial technology powerhouse in Egypt, announced today that it has received final approval from the Central Bank of Jordan (CBJ) to officially launch its services in Jordan under a Specialized Finance license, offering consumers convenient financing solutions. This approval follows the initial regulatory clearance granted in 2025. It represents a […]
Dubai Chambers signs MoU with Abu Dhabi Islamic Bank to enhance support for SMEs
Khalid AlJarwan: “Our MoU with Abu Dhabi Islamic Bank comes as part of our ongoing efforts to broaden the services available to the business community and to support the growth of companies across all sectors.” Amit Malhotra: “Our partnership with Dubai Chambers reflects our long-standing commitment to empowering SMEs with the financial tools, advisory support, and Sharia-compliant solutions they […]
NBK announces the names of the first six winners in the FIFA World Cup 2026 campaign, in collaboration with Visa
Al-Nusif: We are proud to offer our clients the opportunity to be part of this experience that brings together millions from around the world The packages include match attendance, business class travel, stays at luxury hotels, and exclusive gifts for winners and their companions National Bank of Kuwait (NBK) announced the names of the first […]
OSON Completes Next-Generation Digital Architecture to Support Global Expansion and MENA Multi-Currency Wallet Launch
Dubai, UAE: OSON, an international fintech holding operating across Central Asia and the UAE, has announced the completion of a next-generation digital architecture to support its planned multi-currency wallet launch in the Middle East and North Africa (MENA) region, as part of a broader global expansion strategy extending into 2026. The company, which has processed more […]
A new suite of updates and innovative enhancements introduced to NBK mobile banking app
We are guided by our unwavering commitment to placing customers at the heart of everything we do Our continuous enhancements are designed to empower clients to manage their financial affairs with greater ease and flexibility As part of its steadfast commitment to delivering a best-in-class digital banking experience, National Bank of Kuwait (NBK) announced the […]
Waha Capital joins FTSE ADX Dividend Stars Index, reinforcing appeal to income-focused investors
Abu Dhabi, UAE – Waha Capital PJSC (ADX: WAHA), one of the oldest Abu Dhabi-listed investment management companies, has been included in the recently launched FTSE ADX Dividend Stars Index, the region’s first dedicated income-focused benchmark equity gauge. Launched earlier this month by the Abu Dhabi Securities Exchange (ADX) in partnership with FTSE Russell, the index […]
