Dubai, United Arab Emirates – Deem Finance today announced the signing of a strategic partnership agreement with Yusr, a regulated fintech with an established track record in Kazakhstan, as Yusr expands its operations into the United Arab Emirates. The partnership marks another step in Deem’s broader strategy to collaborate with credible fintech innovators to build scalable, […]
The strategic investment advances the UAE’s transport ecosystem by creating an integrated mobility platform, supporting the country’s economic diversification goals. Abu Dhabi, United Arab Emirates: BlueFive Capital, a global alternative investment platform, today announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (TAQA). Solutions+, a UAE […]
Manama, Kingdom of Bahrain: Arab Financial Services (AFS), the Middle East and Africa’s leading digital payments and fintech enabler, has announced a strategic partnership with Libyan Islamic Bank (LIB) to accelerate the modernization of Libya’s payment landscape through advanced card issuance, processing, and digital infrastructure solutions. Through this collaboration, Libyan Islamic Bank will leverage AFS’s advanced […]
Source: Arabian Business It comes months after Mal raised $230m in a seed funding round, which the company said was the largest fintech seed raise in Middle East and Africa history. Abu Dhabi-based fintech startup Mal has received in-principle approval from the UAE Central Bank (CBUAE) to establish what it describes as the world’s first AI-native Islamic […]
SINGAPORE — Under the guidance of Bank Indonesia and People’s Bank of China, the China-Indonesia cross-border QR payment linkage was launched between Indonesia’s Quick Response Code Indonesian Standard (QRIS) and China’s leading payment ecosystems, enabled by Alipay+, the unified wallet gateway of Ant International, and UnionPay International. A milestone in regional connectivity, the initiative opens a […]
Manama, Bahrain – stc Bahrain, a digital enabler, has announced the launch of Mastercard’s Click to Pay, becoming the first telecommunications provider in Bahrain to introduce this secure and seamless online payment solution. The service is now available on the My stc BH app, empowering customers to pay bills, purchase add-ons, or buy digital gift cards with just […]
OpenAI launched a new set of personal finance tools in preview for ChatGPT Pro subscribers in the U.S., letting them connect their accounts and ask questions ranging from spending analysis to future financial planning. OpenAI has partnered with the financial connection service Plaid to manage the account connections. Users can connect to over 12,000 financial […]
Bodour Al Qasimi: The emirate’s growth across investment indicators reflects a clear development vision that places social and economic impact on a unified path Al Musharrkh: The latest indicators reflect deep confidence in Sharjah’s business environment and its ability to drive growth from within the market while continuing to attract new investment. 25.7% growth in jobs, […]
Abu Dhabi, UAE, RAKBANK and Emirates Growth Fund (EGF) signed a Memorandum of Understanding (MOU) at Make It in the Emirates, marking a strategic alignment between two of the UAE’s leading institutions in SME financing and growth equity. The strategic partnership establishes a framework for both organisations to explore future collaboration opportunities focused on strengthening the […]
Jordan Commercial Bank announced its collaboration with Mastercard, aimed at developing the bank’s card services and products and enhancing innovation in modern payment solutions. Building on their successful long-standing relationship, the two parties will work on innovative credit, debit, and prepaid solutions, including the launch of the Mastercard World Elite Card. The Mastercard World Elite Card provides access to The Mastercard Collection, unlocking an […]