With a 15.7% growth in more than 100 countries across 17 strategic sectors. During a recent media briefing organised by the company H.E. Abdulla Bin Touq Al Marri: Under the directives of its wise leadership, the UAE has adopted innovative strategies to enhance economic diversification, and Etihad Credit Insurance (ECI) plays a vital role in […]
This initiative comes as part of a package of incentive measures adopted by the SCA to align its regulatory framework with the fast-moving landscape of digital finance. ABU DHABI – The Securities and Commodities Authority (SCA) has officially launched the region’s first “Finfluencer” licence – an innovative regulatory milestone aimed at formalising and supervising digital […]
Vault opens its digital private wealth platform to investors across MENA—delivering transparent, fiduciary-first advisory for the modern affluent. Vault opens its digital private wealth platform to investors across MENA—delivering transparent, fiduciary-first advisory for the modern affluent. As Peak XV Partners’ first wealthtech investment in the region, this backing represents a significant milestone for wealth management […]
United Arab Emirates – United Arab Bank (UAB) has signed a strategic partnership agreement with Emirates Face Recognition (EFR), a leading UAE-based technology provider of cutting-edge facial recognition and digital identity verification solutions. The signing ceremony was attended by Mr. Shirish Bhide, CEO of United Arab Bank; Mr. Emre Yalcin, Head of Retail Banking at United […]
Partnership marks significant milestone in payment operations automation in GCC. [Dubai, 29st May 2025] – PayTic, a leading payment operations automation platform, today announced a strategic partnership with NymCard, marking PayTic’s entry into the GCC with its first strategic client. This collaboration represents a significant milestone in bringing advanced payment automation solutions to the rapidly […]
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from their customers instantly, securely, and seamlessly with no IBAN required. The new Aani Instant Payments solution allows Mashreq’s SME customers to generate a link or […]
Dubai, UAE – Ragilly today announced a new strategic partnership with Visa, a world leader in digital payments, designed to revolutionize business-to-business (B2B) payments and invoice financing through an innovative Business Payment Solution Provider (BPSP) platform Finigenie. This transformative offering is set to empower businesses in the UAE by digitizing and optimizing their vendor payments, […]
For breaching common reporting standard regulations, foreign account tax compliance regulations. ADGM’s Financial Services Regulatory Authority Fines 23 Entities for Breaching Common Reporting Standard Regulations, Foreign Account Tax Compliance Regulations Abu Dhabi, 26 May 2025: The Financial Services Regulatory Authority (FSRA) of ADGM imposes penalties totaling AED 610,000 on 23 entities for contraventions of the […]
Developed in partnership with Transworld Business Advisors, the platform specialises in mergers and acquisitions and is accessible to investors worldwide. Mohamed Al Musharrkh: The platform reinforces Sharjah’s status as a regional hub for M&A activities in the SME sector. Ahmad Ibrahim: We are confident in the long-term impact this platform will have in enhancing the […]
Muscat: As part of its ongoing commitment to enhancing the customer experience, ahlibank has inaugurated a new branch featuring dedicated service centers for the ‘Al Nukhba’ and ‘Exclusiv’ individual private banking segments. The inauguration took place in the presence of a distinguished group of the bank’s executives and employees. The new branch is strategically located on […]