Dubai, UAE — In a significant step towards strengthening UAE-India financial ties, Mashreq has announced that it is the first UAE-based bank to receive an In-Principle Approval (IPA) to establish an International Banking Unit (IBU) at GIFT City, India’s pioneering global financial services hub. This landmark approval marks a strategic milestone for Mashreq, underscoring the […]
Ajman, UAE – Ajman Bank has launched a comprehensive co-branded payment processing solution for its business clients, developed through its strategic partnership with VaultsPay, a Dubai-based CBUAE licensed fintech payment company with a global footprint. The newly launched program represents the latest milestone in the ongoing partnership between the two institutions, reflecting their joint commitment to […]
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has issued commemorative gold and silver coins to honour the “Zayed and Rashid” campaign. The issuance celebrates the memory of the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Rashid bin Saeed Al Maktoum, may their souls rest in peace, embodying the leaders’ […]
Dubai, United Arab Emirates — American Express Middle East (AEME) announces that more than 13,000 taxis in Dubai operated by Franchised companies licensed by Dubai RTA (National Taxi, Arabia Taxi, Kabi Taxi, Dubai Taxi Corporation, and Metro Taxi) are newly accepting American Express payments. The agreement with Franchise companies provides greater payment choice and convenience for […]
OMAHA, Neb. & RIYADH, Saudi Arabia- ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that iNet, the first independent Saudi Central Bank-licensed Network Service Provider (NSP), has joined ACI’s Retail Payment Solutions (RPS) for Postilion program to support the Kingdom’s rapidly growing fintech sector. Under this partnership, iNet will deploy and […]
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, is proud to announce the digital issuance of its popular prepaid cards, the TravelCard and FlexiblePay cards. This initiative promotes financial inclusion and supports the UAE’s vision of fostering a cashless economy. Customers […]
Lighthouse Canton and Blue Sail Partners AG have announced a strategic cooperation, leveraging Lighthouse Canton’s reach in Asia, India, the Middle East, and the UK, with Blue Sail Partners’ European and Swiss expertise, to address the increasing need for sophisticated financial solutions and cross-border advisory services in these regions. The partnership will enable both companies […]
Manama, Bahrain – In a pioneering move set to reshape fintech innovation in the UAE, Mawarid Finance and Arab Financial Services (AFS) today signed a strategic agreement to launch an integrated Fintech Enablement Hub, a unified platform designed to empower fintechs with seamless access to regulated infrastructure and next-generation digital capabilities. This collaboration combines global technology leadership, […]
Cairo: Contact Financial Holding, Egypt’s leading non-banking financial services provider, announced that Contact Creditech, the Group’s digital consumer finance arm, has obtained a fintech license from the Financial Regulatory Authority (FRA) to offer fully digital consumer finance services through its flagship application, “Contact Now.” Contact Now delivers a seamlessly integrated digital financing experience that covers every […]
As part of its ongoing commitment to empowering its customers and supporting their expansion into global markets, Al Baraka Group has continued its efforts to support commercial businesses through a series of strategic initiatives that reflect the strength and diversity of its extensive network and broad geographic footprint. Recently, the Group successfully organized two events […]