Annual labour costs of a financial services tech hub in Bahrain are up to 24% more competitive than the GCC. Bahrain’s financial services sector is 85% more cost-effective in business and licensing fees than the GCC average Manama – Kingdom of Bahrain: Bahrain has been ranked as the most cost-competitive location to operate a financial services […]
Bahrain – Beyon Money Business, part of the leading Bahrain technology group Beyon, has signed a strategic partnership with Eazy Financial Services (EazyPay), a POS & online payment gateway acquirer and payment services provider in the kingdom licensed by the Central Bank of Bahrain. The collaboration will see the creation of a closed-loop payment ecosystem […]
With a combined Total Payment Volume (TPV) of over USD 400 Billion, the merged entity will become the largest fintech company in Middle East and Africa (MEA). DUBAI, UAE – Network International, a leading fintech company in the Middle East and Africa (MEA), and Magnati, a leading provider of payment solutions in the UAE, today announced […]
Manama, Kingdom of Bahrain: Mawarid Finance has announced today the launch of smart Point-of-Sale (POS) terminals for digital payments, in collaboration with Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler in the Middle East and Africa. These cutting-edge POS terminals will now be available across retail outlets, stores, malls, and service […]
Four-week program begins 20 October, led by world-class experts Dubai, UAE: Dubai Future Academy, an initiative of the Dubai Future Foundation (DFF), announces the opening of applications for the second edition of ‘FEEL: A Disruptive Futures Program’, designed to train local and global talent to navigate disruption and enhance future readiness. The program equips executives, entrepreneurs, policymakers, […]
Manama, Bahrain: The Central Bank of Bahrain (CBB) has reported a significant increase in financial institution licensing, with 16 new financial firms approved and 52 additional applications underway from early 2024 through mid-2025. This surge highlights Bahrain’s growing appeal as a destination for digital-first financial services, with nearly 75% of the 68 applications coming from international […]
Dubai, UAE: Mastercard and Octet Türkiye have entered a collaboration to address the growing cash management and installment payment needs of businesses in the MENA region. Through this alliance the two companies will launch a versatile solution capable of processing various corporate transactions with a focus on facilitating easy payments and collections with cards. According to […]
OMAHA, Neb. & RIYADH, Saudi Arabia- ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that iNet, the first independent Saudi Central Bank-licensed Network Service Provider (NSP), has joined ACI’s Retail Payment Solutions (RPS) for Postilion program to support the Kingdom’s rapidly growing fintech sector. Under this partnership, iNet will deploy and […]
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, is proud to announce the digital issuance of its popular prepaid cards, the TravelCard and FlexiblePay cards. This initiative promotes financial inclusion and supports the UAE’s vision of fostering a cashless economy. Customers […]
Manama, Bahrain – In a pioneering move set to reshape fintech innovation in the UAE, Mawarid Finance and Arab Financial Services (AFS) today signed a strategic agreement to launch an integrated Fintech Enablement Hub, a unified platform designed to empower fintechs with seamless access to regulated infrastructure and next-generation digital capabilities. This collaboration combines global technology leadership, […]