Dubai, United Arab Emirates – June 25, 2025: Etihad Credit Insurance (ECI), the UAE’s federal export credit company, announced the impact of its ‘Xport Xponential’ programme, which has helped raise AED 174 million in funding to support the growth of SMEs, during the closing ceremony of the programme. The working capital was raised with the […]
The UAE FinTech market is projected to grow from USD 3.16 billion in 2024 to USD 5.71 billion by 2029 89% of UAE consumers now use digital-first bank accounts Artificial Intelligence is transforming financial services, enhancing personalisation, compliance and risk management Collaboration across the ecosystem and innovative policies are driving regional FinTech leadership Dubai, United […]
Tesla today, announces the opening of its first Center in Riyadh, Saudi Arabia, located on Takhassousi Rd. This reflects the Kingdom of Saudi Arabia’s growing demand for electric vehicles and its commitment to sustainable transportation, in line with Saudi Vision 2030. On Thursday, June 26, the Tesla Center in Riyadh officially opens to the public. With […]
Cairo, Egypt: Mashreq, one of the leading financial institutions in the MENA region, has announced the opening of its representative office in Türkiye, reinforcing its long-standing commitment to supporting Turkish financial institutions and corporates. As one of the largest and most active correspondent banks operating in Türkiye, Mashreq has played a vital role in channeling risk […]
Dubai, UAE: Mastercard has introduced Account Intelligence Reissuance, an advanced fraud prevention service to efficiently manage the card reissuance process, in the Eastern Europe, Middle East and Africa (EEMEA) region. The product leverages Mastercard’s proprietary Artificial Intelligence (AI) technology and network purview to assess the level of risk associated with a card and provide AI-driven actionable recommendations about […]
BipTap, the innovative omnibanking platform, has officially signed a strategic partnership agreement with Al Fardan Ventures, represented by renowned technology leader Mr. Mohammed Ebrahim Al Fardan, to establish a next-generation global digital bank headquartered in Abu Dhabi. This landmark agreement paves the way for the launch of a fully digital wholesale and retail bank, designed […]
Beirut, Lebanon, June 24, 2025: Visa (NYSE: V), a global leader in digital payments, has announced the launch of Google Pay in Lebanon, in collaboration with Google. Starting today, Visa cardholders of BLOM and BLF can add their Visa cards to their Google Wallet on Android and Wear OS devices, allowing payments to be made wherever […]
London — Altery Ltd, a UK fintech startup, has officially announced that its MENA subsidiary, Altery MENA Ltd, was granted a regulatory licence by the Dubai Financial Services Authority (DFSA). This licence forms part of Altery’s broader global strategy to establish compliant, regional financial hubs. The MENA region, particularly the UAE, stands out for its high […]
With 146% Gross Revenue CAGR (2019 – 2024), 16,000 Daily Transactions as of the first quarter of 2025, and Unmatched Customer Engagement, Valu’s Commencement of Trading on the EGX Highlights its Transformative Role in Egypt’s Economy Cairo: EFG Holding, a leading financial institution with a universal bank in Egypt and the leading investment bank in the […]
Wealthbrix Capital Partners Limited, a newly launched independent wealth management firm, today announced its official market entry from Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA region). Founded by a team of seasoned professionals from private banking and asset management, the firm brings together […]