Cairo: Contact Financial Holding, Egypt’s leading non-banking financial services provider, announced that Contact Creditech, the Group’s digital consumer finance arm, has obtained a fintech license from the Financial Regulatory Authority (FRA) to offer fully digital consumer finance services through its flagship application, “Contact Now.” Contact Now delivers a seamlessly integrated digital financing experience that covers every […]
Muscat: In alignment with its strategic vision to invest in the well-being of its human capital and foster meaningful private-sector partnerships, Thawani Pay has signed a strategic agreement with Oman International Development & Investment Company (Ominvest) to launch the “Ominvest Plus” initiative – an exclusive discount and offers platform tailored for Ominvest employees and their […]
The UAE FinTech market is projected to grow from USD 3.16 billion in 2024 to USD 5.71 billion by 2029 89% of UAE consumers now use digital-first bank accounts Artificial Intelligence is transforming financial services, enhancing personalisation, compliance and risk management Collaboration across the ecosystem and innovative policies are driving regional FinTech leadership Dubai, United […]
Tesla today, announces the opening of its first Center in Riyadh, Saudi Arabia, located on Takhassousi Rd. This reflects the Kingdom of Saudi Arabia’s growing demand for electric vehicles and its commitment to sustainable transportation, in line with Saudi Vision 2030. On Thursday, June 26, the Tesla Center in Riyadh officially opens to the public. With […]
London — Altery Ltd, a UK fintech startup, has officially announced that its MENA subsidiary, Altery MENA Ltd, was granted a regulatory licence by the Dubai Financial Services Authority (DFSA). This licence forms part of Altery’s broader global strategy to establish compliant, regional financial hubs. The MENA region, particularly the UAE, stands out for its high […]
With 146% Gross Revenue CAGR (2019 – 2024), 16,000 Daily Transactions as of the first quarter of 2025, and Unmatched Customer Engagement, Valu’s Commencement of Trading on the EGX Highlights its Transformative Role in Egypt’s Economy Cairo: EFG Holding, a leading financial institution with a universal bank in Egypt and the leading investment bank in the […]
In May 2022, Amazon entered into an Option Agreement with EFG Holding, acquiring USD 10 million of EFG Holding GDRs. Cairo, Egypt — U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding are pleased to announce that Amazon has agreed to exercise its option to acquire a direct […]
Sharjah, As women in the UAE continue to rise as economic decision-makers, NAMA Women Advancement’s Financial Literacy Programme offers a practical model for how strengthening financial skills can further elevate their role in society. When Mariam Al Naqbi, a mother from Al Madam in Sharjah, started teaching her children about saving during dinner, it was more […]
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 […]
‘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 […]