The collaboration supports broader participation in digital payments across the UAE Dubai, UAE, 04 May 2026 – botim money, the financial services arm of botim has expanded its collaboration with Mastercard to power the next phase of its card issuance journey, supporting growth and digital-first payments. Building on more than two years of issuing Mastercard cards, the […]
The UAE’s private sector is getting ready to implement mandatory e-invoicing in phases from July 1, 2026, that is expected to reduce downtime, increase transparency, and improve the collection of Value-Added Tax (VAT) and Corporate Tax. The system will strengthen the UAE digital economy, officials said at a conference organised by the Dubai Chapter of […]
ADGM, the international financial centre of Abu Dhabi, today announced that Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA). RCM’s new Abu Dhabi office is located in the Sky Tower within ADGM’s jurisdiction and further expands the firm’s international footprint, […]
Dubai, UAE; UAE based fintech company VaultsPay has entered into a strategic collaboration with Mastercard. The two organizations formalized their agreement marking a milestone intended to enhance digital payment capabilities and support financial inclusion across the UAE. Through this collaboration, VaultsPay will leverage Mastercard’s global network and technology to issue virtual and physical payment cards, further expanding its […]
Dubai, UAE – 01 May 2026 ONS FinServ Group today announced that it has secured a Corporate Service Provider (CSP) license within the Dubai International Financial Centre (DIFC), marking a significant milestone in the firm’s continued expansion of its integrated financial services platform. This marks a defining moment for ONS FinServ Group, reinforcing the strength […]
cent of UAE consumers used their mobile phone in their most recent retail purchase, while 37 per cent complete online shopping directly on mobile devices, the highest rate globally Visa has invested US$3.3 billion in artificial intelligence and data capabilities over the past decade for fraud prevention. Within Majid Al Futtaim’s SHARE ecosystem, AI‑led personalisation […]
Visa, a world leader in digital payments, has appointed Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, as its official National Net Settlement Service (NNSS) Agent in the UAE. This move allows Visa’s domestic card transactions to be settled by Emirates NBD locally in UAE Dirhams (AED) […]
New DIFC-located regional headquarters for Middle East and Africa creates capacity to double the size of existing operations to meet growing regional demand DUBAI, April 30, 2026 – Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced an expansion of its presence in the UAE with the opening of its […]
Dubai, UAE – Infinite IT Solutions, a leading provider of enterprise e-invoicing and automation solutions in the Gulf region, today announced it has received pre-approval as an Accredited Service Provider (ASP) under the UAE’s upcoming e-invoicing mandate. This accreditation positions Infinite as one of the first technology providers to combine global e-invoicing expertise with deep GCC […]
RAKBANK and Network International complete their strategic partnership following Central Bank approval, strengthening digital payment solutions for SMEs and corporates and supporting the UAE’s growing digital commerce and fintech ecosystem. Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed […]