Revenue increased by 39% to AED 33.1 billion (US$ 9 billion) EBITDA grew by 32% to AED 16.6 billion (US$ 4.5 billion) Net profit before tax reached to AED 16.7 billion (US$ 4.5 billion); an increase of 35% Dubai, United Arab Emirates – Emaar Properties PJSC (DFM: EMAAR) has continued to deliver strong operational and financial […]
Uber will leverage a range of Mastercard products and services to help scale financial tools for Uber drivers and couriers and extend benefits to Mastercard cardholders engaging across the Uber platform. Mastercard is deepening its global payments partnership with Uber to improve experiences for drivers, couriers and Mastercard cardholders using the Uber platform. Uber will […]
Partnership to accelerate digital transformation, enhance customer experience, and support inclusive growth through Shari’ah-compliant solutions Amman, Jordan; 22 June 2025: Mastercard and Jordan Islamic Bank (JIB), one of the largest banks operating in the country, are collaborating to drive innovation and expand access to Shari’ah-compliant digital payment solutions. JIB will leverage Mastercard’s payment technologies and advisory […]
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 […]
Dubai, UAE: Mastercard has introduced Account Intelligence Reissuance, an advanced fraud prevention service to efficiently manage the card reissuance process, in the Eastern Europe, Middle East and Africa (EEMEA) region. The product leverages Mastercard’s proprietary Artificial Intelligence (AI) technology and network purview to assess the level of risk associated with a card and provide AI-driven actionable recommendations about […]
Beirut, Lebanon, June 24, 2025: Visa (NYSE: V), a global leader in digital payments, has announced the launch of Google Pay in Lebanon, in collaboration with Google. Starting today, Visa cardholders of BLOM and BLF can add their Visa cards to their Google Wallet on Android and Wear OS devices, allowing payments to be made wherever […]
Despite widespread adoption of eCommerce in UAE, opportunity remains for retailers to enhance checkout experience and increase customer satisfaction. The need to manually enter card details, and security concerns are major pain points for consumers shopping online, resulting in lost revenue for businesses Two-thirds of respondents trust biometric authentication more than traditional methods such as […]
The partnership will streamline cross-border payments to 120 countries worldwide through the adoption of the Visa B2B Connect platform. Businesses will enjoy efficient, reliable and secure, money transfer services. Account-to-account transactions from QIB Corporate accounts to beneficiary banks to be facilitated through the deployment of Visa B2B Connect. QIB Corporate and SME customers will gain […]
Manama, Kingdom of Bahrain: In a significant leap forward for digital finance, Mawarid Finance, in strategic collaboration with Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler across the Middle East and Africa, has officially launched a comprehensive digital application poised to redefine credit card issuance and management. This pioneering initiative underscores […]
Jordan is one of the UAE’s largest outbound remittance corridors, with the annual outbound flow averaging over $1 billion Dubai, UAE: Careem Pay, the digital payments platform within the Careem app, expands its remittance service to Jordan, allowing UAE residents to send money directly to bank accounts in Jordan quickly and at competitive rates. Careem Pay […]