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 […]
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 […]
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 […]
June 15, 2026 The combined company will give businesses a single partner to accept, hold, and move money – including stablecoin transactions – across 190+ countries and territories At close, the combined company is expected to generate approximately $3 billion in annual revenue and process more than $500 billion in annual payment volume for more than 2.4 million customers MONTREAL and NEW YORK, June […]
The agreement was formally signed at Almana Group headquarters in Doha, Qatar, marking the start of a strategic collaboration to develop payroll-linked Earned Wage Access (EWA) solutions across the GCC, with broader expansion plans expected to extend into selected Southeast Asian markets. Doha, Qatar – 16 May 2026 The scope of the investment includes the […]
Prague, Czech Republic – Qatar Development Bank (QDB) and SACE S.p.A., Italy’s export credit agency and one of the world’s leading Export Credit Agencies (ECAs), signed an export credit reinsurance agreement on June 11, 2026, on the sidelines of TXF Global 2026: Export, Agency & Project Finance, held in Prague, Czech Republic. The agreement establishes a framework […]
Dubai, UAE – Kudo.com, formerly known as Kudotrade, has announced the successful acquisition of a UAE Capital Markets Authority (CMA) licence, marking a significant milestone in the company’s evolution and reinforcing its commitment to serving traders and investors across the Middle East. The regulatory approval follows Kudo’s recent rebrand and reflects the company’s continued growth from […]
Ras Al Khaimah, UAE — The agentic economy stopped being theoretical this week. With the world’s largest payment networks now opening their rails to autonomous AI agents — credentialed, permissioned, and settling transactions at machine speed — the question facing every financial institution and enterprise has shifted from whether software agents will transact with one […]
Abu Dhabi: The Central Bank of the UAE (CBUAE) and the World Bank Group signed an agreement to strengthen cooperation in the areas of financial inclusion, financial literacy, financial consumer protection and financial dispute resolution, as part of the ongoing cooperation between both parties. The signing was witnessed by H.E. Khaled Mohamed Balama, Governor of […]
More than 30 industry leaders, including Adyen, Ant International, BVNK, Checkout.com, Cloudflare, Coinbase, Getnet by Santander, Global Payments, Lovable, OKX, Stripe and Tempo, are among the first to leverage and support adoption. The rise of AI has created new ways to buy and sell goods and services. Now it’s requiring a new class of payments. Mastercard envisions a […]