The solution also allows Worldpay’s merchants to leverage their acquiring flows to fund payouts, simplifying operations and reducing reliance on multiple providers. Dubai, UAE: Worldpay® and Mastercard have joined forces to streamline money movement for consumers and businesses in the UAE through Mastercard Move. Through this collaboration, Worldpay Push-to-Card solution will enable a wide range of […]
Kuwait’s Warba Bank Partners with Zayoom to Elevate Digital Marketplace Experience
Warba Bank today announced a strategic partnership with Zayoom, a specialized consumer electronics store, aimed at enriching the bank’s digital offers marketplace with exclusive benefits, including special discounts, limited seasonal deals and Marketplace e-store offers. This collaboration enhances the value offered to the bank’s customers and aligns with their aspirations. Commenting on the announcement, Muhannad Issa Bourahma, Director […]
Qatar: Fintech gains momentum with digital payments and blockchain at forefront
With nearly 99% of Qatar’s population using online and smartphone penetration nearly universal, digital transactions have become the norm. DOHA: Qatar’s fintech landscape is surging forward with remarkable momentum, driven by bold government initiatives, modern regulatory frameworks, and a thriving ecosystem of startups and corporate champions, an expert remarked. With nearly 99 percent of Qatar’s […]
Electronic wallet transfers in Jordan reach $5bln in seven months — JoPACC
These transfers were carried out over 51.94 million transactions, according to a statement by JoPACC on Wednesday. AMMAN — The total value of money transfers made through electronic wallets in Jordan reached around JD3.56 billion since the beginning of this year through the end of July, according to the Jordanian Payment and Clearing Systems Company […]
Dubai’s GDP reaches $32.61 Billion in Q1 2025, Up 4% YoY
Source: Zawya The growth recorded in Q1 2025 was driven by strong performances across a wide range of strategic sectors. DUBAI – Dubai recorded a GDP of AED119.7 billion in the first quarter of 2025, marking a 4 percent growth from the same period in 2024, in a testament to the continued resilience and vitality […]
Jordan’s Sira marks three years with $4.2 million in collective member growth
Sira, the regional community for like-valued professionals to connect authentically and grow personally and professionally, has celebrated its third anniversary with a milestone event, El Talte Nabte (“The Third Takes Root”), bringing together members, partners, and friends to mark three years of meaningful connection, collaboration, and collective growth. Founded in 2022, Sira planted a simple […]
Kuwait’s KIPCO reports a net profit of KD 10.2mln (US$ 33.4mln) for H1 2025
Kuwait City: KIPCO – Kuwait Projects Company (Holding) – reported a record operating profit of KD 88.7 million (US$ 290.5 million) for the first six months of 2025, a 9.9% increase from the KD 80.8 million (US$ 264.6 million) reported for the corresponding period in 2024. Operating revenue also increased 6% to reach KD 769.1 million […]
Zand and Mastercard Partners to enhance Cross-Border Payment Solutions
Dubai, UAE: Zand, an AI-powered Fintech and financial services group in the United Arab Emirates, has announced the signing of a strategic agreement with Mastercard to collaborate on enhancing cross-border payment solutions. Leveraging Mastercard Move’s money movement solutions, this collaboration will enable seamless, secure, and efficient cross-border money transfers offered by Zand to its customers. In the […]
PRYPCO and Ovaluate launch world’s first AI-powered instant valuation engine for Fractional Real Estate Investments
Integrated within PRYPCO Blocks. Dubai, UAE – Revolutionizing real estate investment with the power of technology and fractional ownership, PRYPCO, the UAE’s pioneering PropTech platform, has partnered with Ovaluate, the world’s first and only intelligent, AI-driven Automated Valuation Model (AVM) platform, to launch the first-ever instant valuation engine for fractional real estate. Integrated within PRYPCO Blocks, […]
Emirates NBD secures approval to become the UAE’s first General Clearing Member for Equity Markets
New capability via ADX allows the bank to offer enhanced tools, products and credit facilities to trading members. Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced that it has secured approval to become a General Clearing Member (GCM) for UAE equity markets through the […]