Dubai, UAE – The Dubai International Financial Centre (DIFC) has reported strong growth in company registrations, with new active registered companies increasing by 30% over the 12 months ending June 2026, reinforcing Dubai’s position as one of the world’s leading financial hubs despite ongoing geopolitical tensions in the region. According to DIFC, a total of […]
By Srishti Dixit, Founder & Managing Director, ONS FinServ Group The Middle East has demonstrated that it can attract international managers, sophisticated capital and experienced financial professionals. The next question is whether its operating ecosystem can mature at the same pace. As fund structures become more sophisticated, the competitive advantage will increasingly come from the governance, […]
Visa to cut about 2,600 jobs Job cuts to primarily affect technology and product teams CEO says, have conviction we are doing what is right for Visa Visa had about 34,100 employees in FY2025 July 28 (Reuters) – Visa (V.N), plans to cut 7% of its workforce, or about 2,600 jobs, a company spokesperson said on Tuesday, […]
DUBAI, UAE: Pemo, the UAE’s leading all-in-one spend management platform built for small and medium-sized businesses (SMEs), today announced that it has received in-principle approval from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) licence. The approval will let the company hold and manage business funds digitally on its customers’ […]
By Ali Al-Marjibi, Founder, Tawjih AI and MVSxAI The UAE stands out as one of the stronger places in MENA right now for fintech that can actually scale. I say that from the inside, building in the space. 2026 has been rough on funding across the region yet the UAE kept its footing and came […]
Cairo, Egypt; 27 July 2026: The National Bank of Egypt, in collaboration with Mastercard, has announced the launch of the USD Corporate Debit Card, a breakthrough solution designed to empower Egyptian businesses – from large corporates to small and medium enterprises (SMEs) with seamless access to global commerce. Soha El Turky, Deputy CEO at National […]
Abu Dhabi, UAE: Etihad Credit Bureau, the UAE’s federal entity for credit information and data-driven insights, has expanded the scope of information available within UAE credit reports through the inclusion of Buy Now, Pay Later (BNPL) account information from leading providers Tabby and Tamara, effective July 2026. The enhancement reflects the continued evolution of the UAE’s […]
Fund aims to target investments across a range of sectors including financial, business and consumer services, industrials, technology and healthcare PIF’s investment in the fund aligns with its strategy to maximize returns and deliver long-term value through global partnerships In line with its 2026-2030 strategy, PIF continues to attract capital inflow Brookfield today announced the […]
With in-principle approval by the Central Bank of the UAE, Checkout.com is set to bring acquiring and issuing together on a unified platform for merchants in the UAE. Dubai, United Arab Emirates – July 27th, 2026 – Checkout.com, a leading global digital payments company, today announced that it has been granted in-principle approval for a Stored […]
Dubai, UAE – DIB, the world’s leading Islamic financial group and the largest in the UAE, has announced the launch of its Jaywan Debit Card, reinforcing its commitment to advancing the UAE’s vision for a secure, resilient and locally enabled national payments ecosystem. The launch brings Jaywan, the UAE’s national card payment scheme, to DIB’s […]