Dubai, UAE – Al-Futtaim, a leading retail and lifestyle conglomerate, has announced a strategic partnership with PayPal, a global leader in online payments. This collaboration aims to enhance the online shopping experience for customers in the UAE by introducing seamless, fast, and secure payment options across Al-Futtaim’s portfolio of businesses. Starting early next year, customers […]
Dubai, United Arab Emirates – Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE. This expansion marks a significant milestone in Geidea’s strategy to drive digital transformation in the region, offering merchants […]
Abu Dhabi: Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, and Ajman Bank, one of the leading Islamic financial institutions in the UAE, have renewed their strategic agreement offering innovative credit guarantees and co-lending solutions to small and medium-sized enterprises (SMEs) across the UAE. The […]
The UAE government has unveiled a cutting-edge “Know Your Customer” (KYC) digital platform, a transformative initiative aimed at boosting transparency in the banking sector, streamlining identity verification processes, and combating financial crime. Launched under Federal Decree-Law No. 30 of 2024, the platform marks a significant milestone in the Emirates’ efforts to modernize its financial infrastructure […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its Limited Edition Emarati Visa Credit Card. Designed in collaboration with prominent Emarati artist Mattar Bin Lahej, the exclusive card will be available to only 999 new UAE National customers applying for the card. The launch of the card […]
Dubai, United Arab Emirates, 21 November 2024: Mastercard and Fundbot, a UAE-based fintech firm specializing in supply chain financing, have announced a strategic partnership to revolutionize business-to-business (B2B) payment flows across industries. The collaboration will launch an advanced payments platform designed to seamlessly connect buyers and suppliers, driving efficiency and enhancing cash flow management. Initially […]
Dubai, UAE – Shipfinex, a groundbreaking maritime fintech platform, has successfully closed a $1.5 million seed funding round, signaling a major milestone in its mission to redefine access to maritime assets through blockchain technology. The funding round was led by Gaurav Mehta, Chairman of Best Oasis Limited and SPM Shipping DMCC, who joins Shipfinex as […]
ABU DHABI, UAE – PayBy Technology Projects LLC, a subsidiary of Astra Tech and one of the UAE’s leading fintech platforms, has achieved a groundbreaking milestone by securing a gaming-related license from the General Commercial Gaming Regulatory Authority (GCGRA). This marks a pivotal moment in the UAE’s journey to establish a robust and regulated commercial […]
BlackRock Inc., the world’s largest asset manager with $11.4 trillion in assets under management (AUM), has obtained a commercial license in Abu Dhabi, signaling its intent to deepen its footprint in the region. The company has also announced plans to seek regulatory approval to operate in the Abu Dhabi Global Market (ADGM). This strategic move […]
Jozo, a cutting-edge real estate fintech company, has unveiled its new digital platform in Saudi Arabia, offering individuals the chance to own fractional shares in real estate properties with unparalleled ease and transparency. This innovative platform is set to redefine property investment in the Kingdom by making real estate ownership more accessible and inclusive. With […]