Nov 8 (Reuters) – U.S. payment firms Visa (V.N) and Mastercard (MA.N) are nearing a settlement with merchants by lowering fees stores pay and giving them more power to reject certain credit cards, the Wall Street Journal reported on Saturday, citing people familiar with matter. Visa and Mastercard would trim interchange fees, typically 2% to […]
Strategic partnership unlocks quick access to purchase order financing through an automated platform Initiative to enhance SME cash flow, strengthen supply chain resilience, and support UAE economic diversification Abu Dhabi, United Arab Emirates, November 07, 2025: ADNOC has signed a strategic partnership with Comera Financial Holdings to enhance financial access for ADNOC’s UAE-based small and […]
Musk, already the world’s richest person, could get as much as $1trln in stock over the next decade, although required payments would take the value down to $878bln. SAN FRANCISCO – Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing […]
Revenue increased by 39% to AED 33.1 billion (US$ 9 billion) EBITDA grew by 32% to AED 16.6 billion (US$ 4.5 billion) Net profit before tax reached to AED 16.7 billion (US$ 4.5 billion); an increase of 35% Dubai, United Arab Emirates – Emaar Properties PJSC (DFM: EMAAR) has continued to deliver strong operational and financial […]
(Dubai, Baghdad, Las Vegas): — International Smart Card, the operator of Iraq’s leading digital payments brand Qi Card, had the distinction of being the only fintech company prominently representing the country and the wider Middle East region. The company proudly put Iraq on the global fintech stage at Money20/20 USA, the world’s leading fintech show, […]
Marking a significant milestone in Mabanee’s journey to develop real estate projects that meet the highest international environmental standards In a landmark achievement underscoring its leadership in sustainable finance and reaffirming its strong commitment to advancing sustainability and responsible environmental practices, National Bank of Kuwait (NBK) and Mabanee Company (Mabanee), one of the region’s largest […]
The Central Bank of Oman (CBO) has unveiled the brand identity of the national payment card, which will be known as ‘Maal”. Muscat: Major banks in the Sultanate of Oman have indicated that they will be launching the Maal debit and credit cards. This Central Bank of Oman-initiated local card, to be launched in cooperation […]
MSMEs will gain easy access to working capital to grow their businesses to their full potential. Dubai, UAE – CredibleX and Mastercard have initiated a collaboration to issue cards to micro, small, and medium enterprises (MSMEs) in the UAE. With Mastercard’s deep expertise and CredibleX’s seamless SME financing journeys, MSMEs will gain easy access to working […]
Riyadh, Saudi Arabia — November 2025 The 2025 edition of Aion Connect, held in Riyadh, brought together over 200 senior leaders from banks, fintechs, family offices and investors to discuss the next frontier of Saudi Arabia’s digital financial transformation — moving from vision to performance. In a market where nearly $140 billion in shareholder value […]
Manama, Bahrain – The Central Bank of Bahrain (CBB) announces the signing of a partnership agreement between The BENEFIT Company (BENEFIT) and NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI). The agreement sets in motion a cross-border collaboration between the Kingdom of Bahrain and the Republic of India’s […]