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, […]
Cairo, Egypt – Mashreq Bank PSC (MASQ), one of the leading financial institutions in the MENA region, today delivered a strong first-quarter performance, with Operating Income growing to AED 3.4 billion and Net Profit Before Tax increasing to AED 2.3 billion for the quarter ended 31 March 2026, demonstrating the resilience of Mashreq’s globally diversified franchise through […]
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 […]
Emirates NBD, a banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully priced a $750m Additional Tier 1 (AT1) capital issuance, marking the first debt capital markets transaction from a Gulf Cooperation Council (GCC) issuer since late February 2026. The issuance follows the bank’s recent call of a previous $750m […]
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 […]