Dubai, UAE – botim, the UAE’s leading fintech platform, has collaborated with Mastercard to launch the Mastercard One Credential, giving eligible botim cardholders greater flexibility and control over how they access and manage payments through a single card solution. This launch also marks the first rollout of the solution in the UAE and across Eastern Europe, the […]
Invest Bank (INB) announced a 61 % year-on-year increase in Profit Before Tax to AED80.5 million. According to its financial results for the half-year ended 30th June, 2026, the Bank continued to strengthen its performance momentum, recording second-quarter Profit Before Tax of AED58 million, up 159 % from the first quarter. The Invest Bank continued to […]
Dubai, United Arab Emirates, HSBC Private Bank today confirmed the appointment of Feras Al Jarmani to lead its UAE Market, taking on overall responsibility for the bank’s private banking business across the country. Mr Al Jarmani expands his role from Head of the UAE Market for Arab and Emirati Clients, and his expanded remit brings […]
Dubai, UAE, BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, has become the first financial institution in the UAE to connect to the Astana International Exchange (AIX) as a Market Making Member through Abu Dhabi Securities Exchange’s (ADX) Tabadul platform, marking another strategic milestone in the company’s regional expansion […]
Kuwait City: Kuwait’s Capital Markets Authority (CMA) has granted Goldman Sachs International the country’s first institutional marketing license for a collective investment scheme (CIS) established outside Kuwait, marking a significant milestone in the development of the nation’s capital markets. The license, awarded to Goldman Sachs International, which is licensed by the Kuwait Direct Investment Promotion […]
Doha, Qatar: Dukhan Bank has gone live on Kinexys by J.P. Morgan’s Blockchain Deposit Account network, making it the first Islamic bank in Qatar to adopt this next-generation payments infrastructure. The implementation marks a significant step in Dukhan Bank’s digital transformation journey, enabling faster, more efficient, and always-on payment services for corporate and institutional clients […]
Dubai, UAE – August 6, 2026 – KamelPay, a UAE-born fintech offering payroll and business payment solutions, has received Stored Value Facilities (SVF) and Retail Payment Services (RPS) licenses from the Central Bank of the UAE (CBUAE), marking a significant regulatory milestone in the company’s growth and strengthening its position within the country’s evolving digital […]
Abu Dhabi, United Arab Emirates – etoro, the NASDAQ-listed trading and investing platform, and Papaya Global, a leader in global workforce payments, today announced a partnership to advance a simple but powerful idea: that salary should be the beginning not the end of a wealth building journey. Together they are launching etoro work powered by Papaya […]
Dubai, UAE – Edenred UAE, part of the global Edenred Group and a long-standing provider of payroll solutions in the UAE, today announced it has received in-principle approval from the Central Bank of the UAE (CBUAE) for its application to operate as a licensed Stored Value Facility (SVF) provider. Edenred has been part of the UAE’s […]
The innovative payment products will be integrated with the AFS Pro app, providing a seamless, digital-first business payments and expense management solution Dubai, UAE: Mastercard and Arab Financial Services (AFS), the Middle East and Africa’s leading digital payment solutions provider and fintech enabler, have joined forces to introduce corporate credit and prepaid cards, integrated with the […]