Dubai, UAE: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, today announced the launch of its new three-tier SME Commercial Cards Suite in collaboration with Mastercard. The innovative product portfolio is designed to empower small and medium-sized enterprises (SMEs) with smarter, more flexible tools to […]
05 May 2026, Dubai, UAE – In a regional first, Geidea, a leading fintech and payments technology provider in the region, has introduced a dual-card routing capability in partnership with UnionPay International—unlocking greater payment flexibility, improved acceptance, and a seamless experience for UnionPay cardholders across the Middle East & Africa. Designed to intelligently route eligible […]
Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), today launched a public consultation on proposed enhancements to its Islamic finance regulatory framework. The consultation, which seeks to provide greater clarity on endorsement requirements and disclosure standards, signals a regulatory development […]
ABU DHABI: Capital Group, one of the world’s largest and leading active investment managers1, today announces plans to establish its first office in the Middle East, in the UAE’s Abu Dhabi Global Market (ADGM). The firm expects the Abu Dhabi office to formally open later this year, subject to regulatory approvals. This is a landmark step in Capital Group’s long-term strategy to accelerate growth globally. It reflects the firm’s conviction in the Middle East Region, the UAE and Abu Dhabi […]
UAE drives fintech innovation across the region on the back of positive growth indicators. 77% of founders and C-suite executives said MENA fintech was stronger in 2025 than in the year before Optimism meets funding constraints and cross-border regulatory challenges UAE and Saudi Arabia identified as the region’s leading fintech innovation hubs, with structural regulatory […]
Sarwa, one of the GCC’s most-recognised investment and personal finance platforms, has crossed $1 billion in client assets, becoming the first UAE-founded FinTech platform to reach this milestone. Having been selected to participate in the UAE’s inaugural FinTech accelerator programme based in Dubai International Financial Centre (DIFC) in 2017, Sarwa subsequently became the first to […]
Sara Al Binali has been appointed CEO to lead the bank’s long-term growth agenda Abu Dhabi, UAE – In a landmark first for the UAE financial services landscape, Reem Finance has completed its transformation into Reem Bank (RB), becoming the only finance company in the UAE ever to successfully upgrade to a community banking licence, granted by the […]
The collaboration supports broader participation in digital payments across the UAE Dubai, UAE, 04 May 2026 – botim money, the financial services arm of botim has expanded its collaboration with Mastercard to power the next phase of its card issuance journey, supporting growth and digital-first payments. Building on more than two years of issuing Mastercard cards, the […]
The UAE’s private sector is getting ready to implement mandatory e-invoicing in phases from July 1, 2026, that is expected to reduce downtime, increase transparency, and improve the collection of Value-Added Tax (VAT) and Corporate Tax. The system will strengthen the UAE digital economy, officials said at a conference organised by the Dubai Chapter of […]
ADGM, the international financial centre of Abu Dhabi, today announced that Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA). RCM’s new Abu Dhabi office is located in the Sky Tower within ADGM’s jurisdiction and further expands the firm’s international footprint, […]