Backed by government initiatives, regulatory reforms, and rising consumer demand, the country is quickly becoming a regional hub for digital finance and online retail. Doha: Qatar’s fintech and e-commerce sectors are experiencing unprecedented growth as the nation accelerates its transition to a digital economy, in line with the Qatar National Vision 2030. Backed by government […]
UAE’s Jaywan Domestic Debit Card Set to Roll Out with Attractive Incentives
‘People in UAE used to expecting more from their cards’, says Al Etihad Payments CEO. Dubai: The UAE’s domestic debit card scheme – Jaywan – will launch offering ‘generous’ incentives and promotions to ‘speed up acceptance’ among all the cardholders. This will be a key element in ensuring the immediate acceptance of Jaywan among its user base […]
Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa
Dubai, UAE, 20 June 2025 — Visa (NYSE: V) today announced the appointment of Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). In his new role, the established Visa leader will be responsible for leading operations across more than 86 innovative and fast-growing markets. Visa’s CEMEA operations today serve […]
Contact Financial Holding Reports robust 306% YoY net income surge in financing and insurance divisions in Q1-25
Contact Financial Holding’s Insurance Division Shines in 1Q-25: Net Income Jumps 767% YoY to EGP 43mn. Cairo, Contact Financial Holding (CNFN.CA), Egypt’s leading non-bank financial services provider, announced today its consolidated financial results for 1Q25. The Group delivered a strong start to the year, boasting a solid 30% y-o-y increase in consolidated operating income, to reach EGP […]
Mastercard and enza collaborate to enable fintech innovation across Africa
Dubai, UAE: Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment […]
Taaleem to acquire Kids First Group a leading GCC early-learning education provider
KFG operates a portfolio of highly reputed brands including Redwood Montessori Nursery, Odyssey Nursery, Willow Children’s Nursery, Ladybird and Children’s Oasis offering four different curricula through 34 nurseries in Dubai, Abu Dhabi and Doha catering to more than 5,000 students, with potential for further growth across the portfolio. This transaction is in line with Taaleem’s […]
Qi and U.S based K2 Integrity join forces to align Iraq’s financial sector with global standards
K2 Integrity will further use Qi’s UAE back office as an innovation incubator and sandbox for new Qi products and services. Dubai, United Arab Emirates – In a strategic move to strengthen financial compliance standards across its operations, Qi, also known as International Smart Card, has signed a landmark partnership with K2 Integrity, a global compliance […]
Jingle Pay collaborates with Western Union to power cross-border money transfers
DUBAI, UAE- Jingle Pay, a leading digital financial services platform in the Middle East & South Asia, today announced a significant collaboration partnership with Western Union, to enable delivery of international money transfers (remittances) from select markets. Under this agreement, Jingle Pay will serve as a key partner for Western Union, providing support to the flow […]
African remittance startup LemFi Acquires UK-based Pillar to Launch Credit Cards for Immigrants
LemFi, an international payment services startup based in London, has acquired Pillar, a UK-based fintech focused on credit access for immigrants, in a strategic move that will transform financial services for immigrants. This acquisition paves the way for LemFi to launch specialised credit cards designed especially for immigrant communities, addressing one of their most persistent […]
Ottu and Mangati Partners to drive Embedded Payments in the UAE
UAE – June 16, 2025 — In a strategic move set to accelerate digital transformation in the UAE’s payments landscape, Ottu, a leading payment orchestration platform, has announced a partnership with Magnati, the region’s premier payments and technology company. The collaboration aims to scale embedded payment capabilities and deliver a seamless, unified experience to businesses […]
