BENEFIT, Kingdom’s innovator and leading company in fintech and electronic financial transactions service, has launched its Digital Direct Debit service, bringing credit and payment capabilities together to support a more connected lending journey, from credit assessment through to the secure and timely repayment of financial obligations. The service allows banks and financial institutions to establish […]
UAE: Network International (Network), a leading FinTech company across the Middle East and Africa, has enabled Slice, a new flexible, credit-card-based installment solution for in-store and online purchases in the UAE, available to eligible customers of Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia (MENATSA) region. Slice expands […]
Dubai, UAE: Commercial Bank of Dubai (CBD) has become the first bank in the UAE to enable customers to initiate payments from accounts held with other banks directly through the CBD mobile app. The milestone follows CBD becoming one of the first banks in the UAE to receive approval from the Central Bank of the UAE (CBUAE) […]
• Key benefits include improved access to transition finance, clearer eligibility guidance, and support for emissions-reduction and low-carbon investments • New framework underpins Emirates NBD’s commitment to mobilise USD 30 billion of sustainable and transition finance by 2030 Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia […]
Amman: Jordan Ahli Bank has launched the Kingdom’s first-of-its-kind ‘Rent Now, Pay Later’ service in the banking sector, granting customers a flexible way to finance residential rent. This step demonstrates the bank’s unwavering focus on developing practical banking solutions that respond to the changing needs and lifestyles of its customers. Accessible through the ahli Mobile app, the […]
Abu Dhabi, UAE – Abdallah Abu-Sheikh, Founder and CEO of Mal, said AI is creating an opportunity to rethink financial services around the customer, moving beyond traditional digital banking towards platforms that can better understand individual needs, bring financial services together and help customers make more informed decisions about their money. Unlike traditional digital banking, where […]
The partnership reflects QIA’s commitment to strengthening Qatar’s financial sector and supporting local asset managers, with Lesha becoming the first locally managed fund. The investment advances QIA’s efforts to promote diversified capital markets and long-term economic growth in Qatar. Doha: QIA today announced its investment in Lesha Qatar Equity Fund. Lesha Bank is a Qatar-based Shari’a-compliant […]
MANAMA, BAHRAIN — Bahrain-headquartered digital-first consumer finance platform Skyro has announced plans to expand into Saudi Arabia and appointed former Mastercard executive Maria Medvedeva as Managing Director for the Middle East. Medvedeva will lead Skyro’s expansion across Middle Eastern markets, overseeing market-entry strategies, regulatory engagement, local team development, partnerships with financial institutions, and the company’s […]
Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, has become the first exchange in the MENA region to offer all investors, institutions, developers and market participants access to official “live” ADX market data through conversational AI tools like ChatGPT, Claude, and other large language […]
New global fintech platform to begin operations from Pakistan, with plans to expand across emerging fintech markets worldwide LAHORE, PAKISTAN — August 13 2026: A group of fintech and industry professionals has signed an agreement to launch Nexus Fintech Forum, a global fintech industry platform that will begin its operations in Pakistan before expanding gradually […]