Dubai, UAE: IFZA, Dubai’s most dynamic free zone community, recently signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, to provide seamless support and innovative financial solutions to businesses within the IFZA ecosystem. The partnership reinforces a shared commitment of both parties to provide quick […]
Dubai, UAE – Citi and Mastercard have partnered to launch the Citi Ultima Mastercard credit card in the UAE. The card, which is new to market, was introduced to select clients at a Citigold Private Client exclusive Gala Dinner in Dubai. Building on Citi Wealth’s full suite of offerings, the exclusive all-metal card aims to […]
Abu Dhabi, UAE – American Express Middle East has announced its latest merchant agreement with ADNOC Distribution, the UAE’s largest fuel and convenience retailer, welcoming American Express Card payments at more than 500 ADNOC fuel stations and Oasis mini markets spread across the United Arab Emirates. This agreement is part of American Express Middle East’s […]
Arab Advisors Group released a new research report exploring the growing fintech market in the Arab World. The report expands on the current fintech landscape in the Arab region, covering the fintech regulatory frameworks, licensing, legality of cryptocurrency, fintech goals and initiatives, challenges and governmental vision for the sector in 19 Arab countries. Moreover, Arab […]
Doha, Qatar: TESS Payments announced a strategic partnership with Al Fardan Exchange, marking a significant advancement in Qatar’s financial ecosystem. This collaboration merges TESS Payments’ innovative financial technology with Al Fardan Exchange’s longstanding reputation for trust and reliability, aiming to set a new standard for digital payments and remittances in the country. This partnership represents […]
Dubai, UAE – In a move set to reshape the financial landscape, Al Ansari Financial Services PJSC (DFM: ALANSARI), one of the leading integrated financial services groups in the UAE announces its strategic partnership with Abhi Middle East Limited, the region’s largest embedded finance platform backed by Hub71 and Abu Dhabi Investment Office (ADIO), to […]
DUBAI, UAE, Jan. 10, 2025 /PRNewswire/ — Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets. […]
Abu Dhabi, United Arabic Emirates, 13 January 2025 – Velexa, a leading WealthTech innovator, and Ajyad Capital, a renowned investment management firm based in the Kingdom of Bahrain, have signed a Memorandum of Understanding (MoU) to establish a strategic alliance aimed at revolutionizing investing landscape in the GCC region. This partnership is aimed at supporting […]
UAE, Dubai: XTB, a fintech company that provides access to global financial markets through an online investment platform and mobile app, has obtained two new licenses, allowing it to commence operations in Indonesia and strengthen its presence in the Middle East region. XTB is one of the leading investment applications in Europe. It has ambitious plans […]
Riyadh, Saudi Arabia – Careem Rides, in partnership with CarbonSifr, a climate-tech company participating in the Sedrah Program under the Ministry of Environment, Water, and Agriculture (MEWA), has launched an eco-friendly ride option in Saudi Arabia. This initiative aligns with the Kingdom’s Vision 2030 sustainability goals and emphasizes reducing carbon emissions through reforestation efforts. The […]