Emirates NBD becomes the first bank in the UAE to launch Visa+ Simplifying International Money Transfers

Emirates NBD becomes the first bank in the UAE to launch Visa+ Simplifying International Money Transfers

Emirates NBD and Visa partnership will offer existing bank’s customers faster, secure and quicker means to send money to Visa cardholders within the GCC. Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has partnered with Visa, a global leader in digital payments, to become the first […]

Al Ansari Exchange and ruya partner to offer Free Cash Deposits across the UAE

Al Ansari Exchange and ruya partner to offer Free Cash Deposits across the UAE

Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, and Ruya Islamic Community Bank or “ruya”, a leading digital-first Islamic community bank, are thrilled to announce that they have signed a strategic partnership aimed at enhancing financial inclusivity and convenience for customers […]

nmbr Launches Equity-for-Users Model to Kill the Phone Number

nmbr Launches Equity-for-Users Model to Kill the Phone Number

nmbr launches campaign to replace the traditional phone number with a global, user-owned, internet-based identity. April 14, 2025 — Dubai. — What if you could own a piece of the next big thing — just by signing up early? That’s the premise behind nmbr, a bold new startup aiming to reinvent how the world communicates. […]

Avaloq opens new office in DIFC to drive digital transformation in Middle East financial services

Avaloq opens new office in DIFC to drive digital transformation in Middle East financial services

Dubai, United Arab Emirates: Avaloq, a leader in private banking, wealth management and investment management technology, has inaugurated its new regional office in the Dubai International Financial Centre (DIFC). This strategic expansion follows the signing of InvestGB, the wealth and investment management arm of Gulf Bank, and the recent addition of another major client in the […]

ADCB posts record AED 2.446 Billion Net Profit in Q1 2025

ADCB unveils ‘Meedaf’ a ground-breaking venture to transform Financial Services operations across the GCC

Abu Dhabi, UAE – Abu Dhabi Commercial Bank (ADCB) has launched Meedaf, a pioneering financial services venture designed to help banks and financial institutions across the UAE and GCC region enhance operational efficiency, reduce costs, and remain competitive through innovation and advanced technologies. Operating as an independent entity within Abu Dhabi Global Market (ADGM), Meedaf focuses […]

PayLater Secures Qatar's First Buy Now Pay Later (BNPL) License

PayLater Secures Qatar’s First Buy Now Pay Later (BNPL) License

Doha, Qatar – In a significant step toward strengthening Qatar’s financial technology ecosystem, the Qatar Central Bank (QCB) has granted its first license for Buy Now, Pay Later (BNPL) services to PayLater, a homegrown fintech pioneer. This move not only marks a key milestone for the company but also reflects QCB’s broader commitment to regulated innovation. With this […]

UAE unveils new Dirham Symbol and Digital Currency

UAE unveils new Dirham Symbol and Digital Currency

The Central Bank of the UAE on Thursday introduced a new symbol for the nation’s currency, both in its physical and digital forms, marking a significant step in reinforcing the UAE’s status as a leading global financial center. According to the Emirates News Agency or WAM, the newly unveiled dirham symbol draws inspiration from the […]