Milestone positions the company to deepen its regional presence and scale its partnerships across the MEA financial ecosystem. ABU DHABI, UAE — April 29, 2025 — Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, today announced it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM […]
EU/UAE/Global – After making waves across industries from smart tech R&D and manufacturing to cutting-edge fintech solutions, Sanso Technologies has announced the launch of its most ambitious innovation yet: SansoPay – a revolutionary digital payment platform set to redefine how the world sends, receives, and manages money. Backed by over two decades of technological leadership, Sanso Technologies, led by its […]
BoxCommerce, an e-commerce platform headquartered in the UAE has launched its SME solution betting on the country’s booming mobile commerce market, vast SME sector, and the limited availability of user-friendly e-commerce solutions tailored for local businesses looking to scale. The move positions BoxCommerce among a wave of startups setting shop in the Middle East’s commercial […]
Muscat – The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has reiterated its commitment to strengthening digital payment infrastructure across Oman, highlighting the significant role electronic payments play in combating tax evasion, curbing hidden trade practices, and supporting the national economy. Speaking to Oman TV, Mubarak al Dohani, Director General of Planning and the ministry’s […]
The first three months saw the bank deliver double-digit pretax earnings growth, significant asset quality improvement, and industry-first sustainability milestones Operating Revenue of AED 3.2 billion, growth of 5% YoY. Pre-tax Profit of AED 2.1 billion, solid growth of 14% YoY. Balance sheet expanded by 3% YTD to AED 355 billion. Net Financing portfolio grew […]
Source: Business Recorder KARACHI: JazzCash, Pakistan’s leading digital financial services platform, has announced plans to expand its footprint in the Gulf region as part of its strategy to streamline cross-border payments for Pakistani users. Speaking at Money20/20 Asia, Murtaza Ali, President of JazzCash, unveiled a strategic partnership with du Pay, a UAE-based financial services provider. This collaboration enables seamless […]
The license will boost IFX Payments’ regional footprint across the UAE, positioning itself for growth in one of the world’s fastest-growing fintech hubs. In a strategic move to enhance its service capabilities and strengthen its compliance standing, IFX Payments has received a Category 3C license from the DubaiFinancial Services Authority. This will allow the company to […]
Abu Dhabi, UAE – Pay10, a leading Alternative Payment Method (APM) provider headquartered in the UAE announces that it has become the first fintech company to go live in production on the Central Bank of the UAE’s (CBUAE) Open Finance Framework, authorizing it to provide payment initiation services including variable recurring payment. This milestone marks the first […]
Doha, Qatar – As part of its ongoing transformation journey, AlRayan Bank has officially launched the first-of-its-kind standalone Self-Service Digital Zone (ALRAYAN GO Kiosk) in the State of Qatar. This innovative concept reflects the bank’s continued commitment to enhancing customer experience through digitalization while upholding high service standards. The Self-Service Digital Zone is designed to bring […]
Dubai, United Arab Emirates – PayPal, the global digital commerce platform, has today opened a new regional hub in Dubai, which serves as the company’s first ever location in the Middle East and Africa. The Dubai Internet City site strengthens PayPal’s commitment to its customers and partners in the region and commitment to enabling millions more […]