Mastercard and LuLu Group have announced the expansion of their decade-long partnership in the retail sector, focusing on sustainability, innovation, and efficiency in payments. This collaboration will span six markets, including Bahrain, Kuwait, Oman, Qatar, UAE, and now Saudi Arabia. The integration of Mastercard’s expertise into LuLu Group’s operations is set to advance efficiencies, scale, […]
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has announced the launch of a new API-enabled instant payments service for its corporate and institutional clients. This service is integrated with the Central Bank of UAE’s Aani or Instant Payment Platform (IPP), marking Mashreq’s first use case in facilitating thousands of daily […]
Dubai, UAE – Zand Bank PJSC (“Zand”), the UAE’s first digital bank, has announced a strategic partnership with Taurus SA (“Taurus”), a global leader in digital asset technology. This collaboration marks a significant milestone in Zand’s mission to revolutionize banking in the digital age. Under the partnership, Zand will leverage Taurus’ integrated custody and tokenization […]
Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has partnered with NPCI International Payments Ltd. (NIPL) to enable the acceptance of QR code-based Unified Payments Interface (UPI) payments across Network’s point-of-sale (POS) terminals in the UAE. This initiative is set to facilitate seamless transactions for Indian […]
Dubai, UAE – July 03, 2024 – BitOasis, the Middle East and North Africa’s (MENA) leading virtual assets trading platform, proudly announces its acquisition by CoinDCX, India’s largest crypto exchange. This historic deal follows a strategic investment by CoinDCX in BitOasis in August 2023 and marks a transformative moment for the MENA crypto market. Expanding […]
In a groundbreaking development set to reshape the SME sector in the UAE, Metric, a leading global financial analytics and intelligence platform for small and medium businesses (SMEs), has announced a strategic alliance with Sheikha Latifa bint Mohammed bin Al Sheikh Mejren and AFAQ Group for Investments. This collaboration marks a significant milestone in Metric’s […]
Dubai, UAE – Dubai Humanitarian, a global leader in advocating sustainable humanitarian practices, has announced a strategic collaboration with UAE fintech pioneer noqodi. This partnership is set to transform payment solutions within the humanitarian community, marking a significant shift towards more efficient, secure, and scalable digital transactions. Through this alliance, noqodi aims to create a […]
Dubai, UAE – Magnati, a leading provider of innovative digital payment solutions, has announced a strategic partnership with Fazaa. This collaboration aims to enhance user experiences by leveraging efficient digital payment technologies, solidifying Magnati’s commitment to supporting Fazaa’s mission of offering exceptional benefits and services to its members. Through this partnership, Magnati will provide state-of-the-art […]
In a strategic move to bolster its digital payment capabilities, Ajman Bank has announced a partnership with Magnati. This collaboration aims to provide corporate and business customers with secure and efficient online and in-store payment solutions. Mr. Mustafa Al Khalfawi, Chief Executive Officer of Ajman Bank, emphasized that the partnership aligns with the bank’s vision […]
SMPL Holdings has announced the launch of SMPL Fund I, a $10 million venture capital fund focused on investing in technology and artificial intelligence companies across the Middle East, North Africa, and beyond. Mohammad Abusheikh, a founding partner of SMPL Holdings, emphasized the UAE’s appeal for startups and global talent. “The UAE has emerged as […]