Emirates NBD expands its near real-time cross-border payment network to over 40 countries worldwide

Emirates NBD expands its near real-time cross-border payment network to over 40 countries worldwide

Global reach, local impact: Bank’s flagship product receives upgrade with a focus on being real-time, secure and cost-effective. Customers can enjoy seamless transfers to Europe, Australia, Singapore and Hong Kong 24/7, 365 days Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced a significant expansion of […]

Du and Network International intend to launch integrated payment-telecom solutions

Du and Network International intend to launch integrated payment-telecom solutions

du will offer integrated digital payment solutions bundled with telecommunications services as a business growth partner that helps startups and SMEs connect, sell, and grow through cost-effective, scalable solutions designed specifically for the entrepreneurial ecosystem Dubai, UAE: du, the leading telecom and digital services provider, today announced the signing of a MOU with Network International, a […]

Bahrain: BenefitPay’s transactions to exceed over $79bln by 2025

Bahrain: BenefitPay’s transactions to exceed over $79bln by 2025

Benefit Company, Bahrain’s electronic network for financial transactions, continues to play a vital role in developing the digital payments ecosystem in the Kingdom and promoting the transition to a cashless economy amid growing momentum in the fintech sector. In an exclusive interview with Mubasher Info on the sidelines of the FinTech Forward 2025 (FF25) conference, Yousif Al […]

Esterad Investment Company Launches DIFC-Based Asset Management Firm, Esterad Capital Limited

Esterad Investment Company Launches DIFC-Based Asset Management Firm, Esterad Capital Limited

The launch marks a strategic milestone in Esterad’s regional expansion strategy and its ambition to enhance its presence in key financial markets across the GCC. Manama, Kingdom of Bahrain – Esterad Investment Company (“Esterad”) today announced the official launch of Esterad Capital Limited (“Esterad Capital”), a newly established Category 3A asset management firm licensed by the […]

Etihad Credit Insurance showcases innovative credit solutions for UAE-based SMEs and startups

Etihad Credit Insurance showcases innovative credit solutions for UAE-based SMEs and startups

Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, reinforced its commitment to boosting the UAE’s global trade competitiveness and supporting the expansion of SMEs and startups at the ‘EDB Connect’– Sharjah Edition. Held at the Sharjah Research Technology and Innovation Park, the forum brought together key public and private sector stakeholders under the […]

Revolut co-founder Nik Storonsky shifts his residency from UK to UAE

Revolut co-founder Nik Storonsky shifts his residency from UK to UAE

Change in billionaire’s country of residence disclosed in Companies House filing. Nik Storonsky, Revolut’s billionaire co-founder, has officially changed his residency from the UK to the United Arab Emirates, according to filings at Companies House. The changes were posted on the UK’s official corporate registry on Tuesday as an update to Storonsky’s family company information. […]

Verto Launches in the UAE to Streamline Cross-Border Payments Between UAE and Emerging Markets

Verto Launches in the UAE to Streamline Cross-Border Payments Between UAE and Emerging Markets

UAE now has a payment partner that unlocks Africa’s growing economic opportunity. DUBAI, UAE: Verto announced its official launch in the UAE. With over $25 billion processed annually for clients such as Unilever, and Maersk, the company’s platform is designed to address the unique challenges of cross-border payments between UAE and emerging market currency corridors (particularly in […]

Standard Chartered launches UAE-domiciled signature CIO Islamic funds

Standard Chartered launches UAE-domiciled signature CIO Islamic funds

New Shariah-compliant funds mark Standard Chartered’s first UAE-domiciled products within its global offering. Dubai, United Arab Emirates – Standard Chartered announced today the launch of its Signature CIO Islamic Funds, introducing a new range of Shariah-compliant investment solutions designed to meet rising demand from regional and global investors. Leveraging the UAE’s position as a global hub […]