Dubai, UAE – October 2024 – In a landmark move for the sustainable fashion industry, Best Kept Shared, Dubai’s leading designer lending, rental, and resale platform, has announced its acquisition of BAZAARA, the region’s largest peer-to-peer fashion resale platform. This strategic acquisition brings together two of the UAE’s most prominent platforms, combining forces to offer […]
Dubai, 22 October 2024 – Emirates NBD, one of the leading banking groups in the Middle East, North Africa, and Türkiye (MENAT) region, has entered into a strategic agreement with Partior, a blockchain-based payment clearing and settlement platform. This collaboration positions Emirates NBD as the first regional bank to offer real-time payment settlements in UAE […]
Dubai, UAE, 22 October 2024 – MultiBank.io, the cryptocurrency exchange arm of MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, today announced the appointment of Ryan Kim as CEO of MultiBank.io. Kim will oversee the global expansion of the exchange, focusing on scaling its derivatives-driven operations. A former Wall Street FX options trader […]
Dubai, UAE – October 20, 2024: Careem Pay is celebrating Diwali in a golden way by offering customers the chance to earn gold when sending remittances to India. From October 20th to October 31st, Careem Pay users who transfer AED 50,000 or more to India will receive a gold voucher worth 1 gram of 24-carat […]
Beijing & Purchase, New York – October 21, 2024 – Mastercard has announced the launch of its latest product, Mastercard Move Commercial Payments, designed to streamline and transform cross-border commercial payments for banks. Revealed at the annual Sibos conference in Beijing, this groundbreaking solution aims to address long-standing challenges in the cross-border payment ecosystem, providing […]
Dubai, UAE – October 2024 – In a landmark agreement announced during GITEX Global 2024, noqodi has been appointed as the strategic payment partner for the University of Dubai. This collaboration is set to enhance the digital payment experience for students, faculty, and staff, marking a major advancement in the integration of seamless and secure […]
Kuwait City – myFatoorah, a leading Kuwait-based payment solutions provider, has become the first company in its sector to adopt DHL’s GoGreen Plus service. This initiative aligns with myFatoorah’s commitment to sustainability by contributing to the use of Sustainable Aviation Fuel (SAF) for all international shipments. The adoption of GoGreen Plus, a key component of […]
October 2024 – BuyPass.ai, a stealth-mode startup based in Pakistan, has successfully closed an angel funding round, setting the stage to reshape the eCommerce landscape across the GCC and Asia. The venture is founded by Muhammad Ammar Hassan, a former executive at OLX (Prosus) and Daraz (Alibaba International Digital Commerce Group), who brings over a decade of […]
Abu Dhabi, UAE – October 2024:First Abu Dhabi Bank (FAB), the UAE’s largest lender, posted a net profit of AED 4.46 billion ($1.2 billion) for the third quarter of 2024, marking a 5% year-on-year increase. This growth was driven by robust revenue expansion, which helped offset a sharp rise in impairment charges. The results exceeded […]
Dubai, UAE: NEO PAY has announced an exciting partnership with Qlub, a cutting-edge UAE-based fintech startup, aimed at revolutionizing the payment experience in the hospitality sector. This collaboration integrates NEO PAY’s advanced payment terminals with Qlub’s innovative technology, offering a seamless and efficient solution for both customers and merchants. The partnership is set to enhance […]