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 […]
Arab Advisors Group released a new research report exploring the growing fintech market in the Arab World. The report expands on the current fintech landscape in the Arab region, covering the fintech regulatory frameworks, licensing, legality of cryptocurrency, fintech goals and initiatives, challenges and governmental vision for the sector in 19 Arab countries. Moreover, Arab […]
UAE, Dubai: XTB, a fintech company that provides access to global financial markets through an online investment platform and mobile app, has obtained two new licenses, allowing it to commence operations in Indonesia and strengthen its presence in the Middle East region. XTB is one of the leading investment applications in Europe. It has ambitious plans […]
Riyadh, Saudi Arabia – Careem Rides, in partnership with CarbonSifr, a climate-tech company participating in the Sedrah Program under the Ministry of Environment, Water, and Agriculture (MEWA), has launched an eco-friendly ride option in Saudi Arabia. This initiative aligns with the Kingdom’s Vision 2030 sustainability goals and emphasizes reducing carbon emissions through reforestation efforts. The […]