Revolut has received its Stored Value Facilities and Retail Payment Services (Category II) licences from the Central Bank of the UAE (CBUAE), following in-principle approval last year 17 June, 2026, Dubai, United Arab Emirates – Revolut, the global fintech with over 75 million customers worldwide, today announced that it has received its Stored Value Facilities […]
CoinMENA FZE and Standard Chartered establish banking agreement in the UAE
Agreement reflects growing collaboration between regulated digital asset firms and established financial institutions in the UAE Dubai, United Arab Emirates, Wednesday 17 June, 2026: CoinMENA FZE, a VARA-licensed broker-dealer providing virtual asset services in the MENA region, today announced a strategic relationship with Standard Chartered, strengthening fiat payment infrastructure for its growing customer base. Under […]
Direct Debit System (DDS) partners with HSBC to accelerate digital direct debit adoption across UAE
Dubai, UAE: Direct Debit System FZ LLC (DDS), the UAE’s only non-bank paperless direct debit platform, has announced a strategic partnership with HSBC Bank Middle East Limited (UAE Branch) (HSBC) to expand access to the UAE Direct Debit System (UAEDDS) for HSBC’s new and existing client base across the UAE. The collaboration aims to modernise the […]
Visa Partners with OpenAI to Power the Next Generation of AI Commerce
New collaboration brings Visa’s global payment network to one of the largest AI platforms and aims to support seamless, secure transactions and broader AI-powered use cases across commerce environments supported by agents San Francisco, 17 June 2026 – Visa (NYSE: V) today announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, […]
CBUAE and CBK sign strategic MOU to strengthen supervisory, financial and fintech cooperation
Abu Dhabi: His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and His Excellency Dr. Ahmet Ismaili, Governor of the Central Bank of the Republic of Kosovo (CBK), signed a Memorandum of Understanding (MoU) aimed at strengthening bilateral relations and facilitating the exchange of information and expertise in areas of mutual […]
Alaan launches UAE’s first AI-native business bank account, powered by ruya
Dubai, UAE: Alaan, the UAE’s leading spend management platform, today launched a business bank account with built-in intelligence, powered by ruya. With this launch, Alaan becomes the first fintech in the region to combine corporate cards, domestic and cross-border supplier payments, invoice automation, and accounting into a single AI-native platform. A major step in the company’s […]
Franklin Templeton expands UAE presence with onshore Abu Dhabi license
Abu Dhabi, UAE – Franklin Templeton today announced that it has secured licenses from the UAE Capital Market Authority (“CMA”) for its entity in Abu Dhabi, marking a significant step in its long-standing commitment to the United Arab Emirates. With this development, Franklin Templeton now operates across all three financial jurisdictions in the UAE onshore Abu […]
DIFC welcomes Oak Hill Advisors following DFSA regulatory approval to establish office in Dubai
Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced that Oak Hill Advisors (OHA) a leading global credit-focused alternative investment firm, has received regulatory authorisation from the Dubai Financial Services Authority (DFSA). This follows OHA becoming the 100th hedge fund manager […]
Blackstone-Backed Redpin Secures DFSA In-Principle Approval to Expand Property Payment Services in UAE
Dubai, UAE — Global property payments platform Redpin, backed by a USD $170 million investment from Blackstone, has received in-principle approval from the Dubai Financial Services Authority (DFSA) to process payments in the United Arab Emirates, marking a significant milestone in the company’s regional expansion strategy. The approval enables Redpin to extend its property payment […]
JAIDA and CHARI sign a memorandum of understanding to promote financial inclusion and support local economic actors
Casablanca: JAIDA and CHARI have signed a memorandum of understanding aimed at strengthening their cooperation in support of financial inclusion, the development of micro-entrepreneurship, and the backing of Social and Solidarity Economy (SSE) actors in Morocco. This collaboration is built on the complementary expertise of the two institutions. JAIDA, a subsidiary of Groupe CDG and a […]
