Jordan, October 2024 – Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced a strategic partnership with AlWasleh, a pioneering company specializing in Buy Now, Pay Later (BNPL) services. This collaboration aims to enhance consumer access to flexible payment solutions across Jordan. AlWasleh, renowned for offering […]
UAE Sarwa first fintech to launch Options Trading in the Middle East
Sarwa, one of the UAE’s leading investment platforms, has launched options trading for its customers, becoming the first fintech in the Middle East to offer this service. This milestone marks a significant expansion of Sarwa’s offerings, positioning the platform at the forefront of innovation in the region’s financial technology space. Through a partnership with Alpaca, […]
Citi and Mastercard join forces to transform global Cross-Border Payments
New York, October 10, 2024 – Citi (NYSE: C) and Mastercard (NYSE: MA) have announced a groundbreaking collaboration that will offer cross-border payment solutions to Mastercard debit cards in 14 receiving markets worldwide, with plans for future expansion. This partnership leverages Citi’s WorldLink® Payment Services and Mastercard’s Move® money transfer capabilities to deliver near-instant, full-value […]
Al Fardan Exchange becomes the first exchange house to partner with Dubai Insurance to facilitate payments of ILOE Scheme Claims
Dubai, United Arab Emirates – Al Fardan Exchange has signed a Memorandum of Understanding (MoU) with Dubai Insurance on behalf of the Insurance Pool, marking a pioneering collaboration that positions Al Fardan Exchange as the first exchange house in the UAE to offer Involuntary Loss of Employment (ILOE) payment claims. This strategic partnership provides customers […]
Metric and Spare Partner to automate Financial Insights & Intelligence for Saudi Businesses
Dubai-based Metric has announced a strategic partnership with Saudi Arabia’s Spare, aimed at bringing cutting-edge financial automation and intelligence to businesses across the Kingdom. This collaboration promises to transform the way businesses in Saudi Arabia manage their financial operations, providing them with secure, real-time access to critical financial data. By joining forces, Metric and Spare […]
George Harrak Appointed as CEO of Jeel
Jeel, a leading Saudi fintech company supported by Riyad Bank, is thrilled to announce the appointment of George Harrak as its new Chief Executive Officer. A renowned transformational leader, George brings over 20 years of experience in driving business strategy, innovation, and operational transformation across the global banking and ICT sectors. In his distinguished career, […]
DMCC and Switzerland’s blockchain VC firm CV VC Partners to Strengthen Web3 Ecosystems in Dubai and Switzerland
Zug, Switzerland – October 2024: In a groundbreaking move to connect and bolster the Web3 ecosystems of Dubai and Switzerland, DMCC (Dubai Multi Commodities Centre) has entered into a strategic collaboration with CV VC, one of Switzerland’s leading early-stage blockchain venture capital firms. The agreement was officially signed during the CV Summit 2024, Switzerland’s premier […]
Emirates Skywards Partners with HSBC to Launch New Co-Branded Credit Cards in the UAE
Dubai, UAE – 03 October 2024: Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, has teamed up with HSBC Bank Middle East to introduce two new cobranded credit cards in the UAE. The HSBC Emirates Skywards Credit Cards, available in Signature and Infinite versions, will offer over 2.3 million UAE-based Emirates Skywards members […]
American Express Middle East Expands Reach Through Partnership with Telr to Boost Merchant Network in the MENA Region
Dubai, UAE – October 3, 2024: American Express Middle East has announced a strategic partnership with Telr, a leading online payment gateway, to significantly expand its acceptance across Telr’s extensive merchant network. Through this collaboration, American Express will become one of Telr’s aggregation payment service providers in the MENA region, enabling its Card Members to […]
Ambareen Musa, Founder of Souqalmal and Yabi taking on the role of Chief Executive Officer – UAE at Revolut
Revolut, the global financial super-app, has announced the appointment of Ambareen Musa as its UAE CEO, marking a significant step in its expansion across the Middle East. Recognized as one of the Top 50 Most Influential Women in the Arab World by Arabian Business and Woman Entrepreneur of the Year by The Entrepreneur magazine, Musa […]