Reem Finance partners with Temenos

Reem Finance partners with Temenos to launch Digital Community Bank in the UAE

GRAND-LANCY, Switzerland – NOVEMBER 28, 2024 – Temenos (SIX: TEMN) today announces that Reem Finance, a leading corporate and retail finance specialist licensed and regulated by the UAE Central Bank, has selected Temenos to power a new digital community bank in the United Arab Emirates. The move to Temenos’ cloud-based solution is part of Reem Finance’s […]

Magnati partners with Aafaq Islamic Finance

Magnati partners with Aafaq Islamic Finance to support SMEs with embedded financial solutions

Abu Dhabi, UAE – Magnati, a leading payment solution provider in the Middle East, has partnered with Aafaq Islamic Finance, an innovative digital Islamic finance provider, to launch an embedded financial solutions platform designed to support  SMEs in the UAE. The platform offers a range of tailored financial services, that could help enable SMEs to […]

Bank of Communications Co. Ltd. expands global footprint in the Middle East with DIFC Branch

Bank of Communications Co. Ltd. expands global footprint in the Middle East with DIFC Branch

Dubai, UAE: Bank of Communications Co. Ltd. (BOCOM), one of the oldest financial institutions and first national state-owned joint-stock bank in China, has expanded its global presence by setting up in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. BOCOM has chosen DIFC to […]

Leading GCC banks Emirates NBD and Mashreq back Syndicated Loans platform

Leading GCC banks Emirates NBD and Mashreq back Syndicated Loans platform – LoanBook

With this investment, LoanBook gains significant resources, scale, and industry support to deliver transformative solutions to the loan capital markets. Dubai, UAE: Emirates NBD and Mashreq Bank today announced a strategic investment in NewBridge Fintech Solutions, a fintech firm and owner of LoanBook, an EMEA-focused, next-generation platform digitising the syndicated loan and private credit markets. LoanBook […]

UK-based wealthtech company EXANTE Expands Global Footprint with New Office in DIFC

UK-based wealthtech company EXANTE Expands Global Footprint with New Office in DIFC

Dubai, UAE – 26 November 2024 – EXANTE, a globally recognized fintech leader, has announced the opening of its new office in the Dubai International Financial Centre (DIFC). This marks a significant step in EXANTE’s mission to expand its presence in key financial hubs worldwide. The move enables EXANTE to offer its cutting-edge brokerage solutions […]

Bahrain Leads Global Innovation in Open Banking with The BENEFIT Company

Bahrain Leads Global Innovation in Open Banking with The BENEFIT Company, Tarabut and FLOOSS

A first-of-its-kind partnership introduces centralized open banking authentication in Bahrain, creating a seamless, secure experience for consumers and setting new global standards in digital financial services. Manama, Kingdom of Bahrain – 27/11/2024: In a groundbreaking partnership, BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, and Tarabut have joined forces […]

Botim app integrates The UAE Lottery

Botim app integrates The UAE Lottery, offers users seamless access

With the launch of The UAE Lottery on Botim, users can now access a wide range of entertainment options with just a few taps Botim, the all-in-one ultra app powered by Astra Tech, has announced the integration of The UAE Lottery, the region’s first and only fully regulated lottery operation. The partnership provides UAE residents, […]

Telr partners with Samsung to launch Samsung Pay in the UAE

Telr partners with Samsung to launch Samsung Pay in the UAE

Dubai, UAE— Telr, the award-winning online payment gateway, has partnered with Samsung Gulf Electronics to redefine the digital payment landscape in the UAE. This collaboration integrates Samsung Pay into Telr’s comprehensive suite of payment solutions, marking a significant leap forward in the country’s e-commerce capabilities. By merging Telr’s expertise in online transactions with Samsung’s innovative […]

UAE eyewear brand eyewa raises $100 million in Series C funding led by General Atlantic

UAE eyewear brand eyewa raises $100 million in Series C funding led by General Atlantic

The global eyewear industry is witnessing a surge in innovative ventures, and the Middle East is producing its own rising star: Eyewa. The Dubai- and Riyadh-based company, which offers a diverse range of eyewear products including prescription glasses, sunglasses, blue light glasses, and contact lenses, has successfully raised $100 million in a Series C funding […]

Al-Futtaim Partners with PayPal

Al-Futtaim Partners with PayPal to Revolutionize Online Shopping Experience in the UAE

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 […]