Johannesburg, South Africa: Visa has announced a strategic partnership with littlefish, an omni-channel platform that empowers financial institutions by offering a suite of business solutions tailored to support micro, small, and medium-sized enterprises (MSMEs) across Africa. This collaboration aims to streamline both in-store and online digital experiences for MSMEs through advanced business solutions and value-added […]
Mastercard and noon Payments Launch Biometric Payment Passkey Service, Transforming Online Checkout in the Middle East
October 17, 2024 | Dubai, United Arab Emirates: Mastercard has partnered with noon Payments, one of the leading payment service providers in the Middle East and North Africa (MENA), to bring its innovative Payment Passkey Service to the region. The service will initially launch in the United Arab Emirates (UAE), with plans for a broader rollout across the […]
e& UAE Partners with Visa to Launch Smiles Card-Linked Offers via Visa Merchant Loyalty System
UAE, Dubai: e& UAE has announced an exciting new partnership with Visa to launch Smiles Card-Linked Offers, providing customers with even more opportunities to earn rewards through everyday transactions. Through this collaboration, customers can now seamlessly earn Smiles points by using their linked payment cards at participating partner merchants. This initiative aims to enhance customer […]
Singapore-based Fintech Thunes Expands its Direct Global Network into Egypt
London, U.K., Cairo, Egypt – October 17, 2024 – Thunes, a leading global cross-border payment provider, today announced the expansion of its Direct Global Network into Egypt, offering enhanced mobile wallet and bank account payment capabilities. This move significantly strengthens Thunes’ Pay solutions, providing greater flexibility and speed for cross-border payments in one of the Middle […]
Dubai Department of Economy and Tourism Partners with Network International to Boost Digital Economy and SME Growth in the UAE
Dubai, UAE – October 2024: In a significant move to strengthen Dubai’s digital economy, the Dubai Department of Economy and Tourism (DET) has signed a strategic agreement with Network International, a leading enabler of digital commerce across the Middle East and Africa. The partnership, announced at GITEX Global 2024, is set to accelerate the growth […]
Qatar Lesha Bank reports QAR 96.6mln Net Profit for First 9 Months-2024
Doha, Qatar – October 17, 2024: Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”), a leading Shari’a-compliant investment bank, has announced robust financial results for the nine-month period ending September 30, 2024. The Bank reported a net profit of QAR 96.6 million, attributable to equity holders, marking a significant 45% increase compared to the […]
Emirates NBD reports Dh5.2 Billion Net Profit in Q3-2024
Dubai, October 17, 2024 — Emirates NBD, Dubai’s largest bank by assets, announced flat net profit for the third quarter of 2024, as an increase in net interest income was offset by higher impairment charges and investments aimed at driving future growth. For the July-to-September period, the bank posted a net profit of 5.2 billion […]
Pakistan’s Abhi secures $15mn in Credit Financing to expand Financial Inclusion in UAE
Dubai: Pakistani fintech startup Abhi has secured $15 million in credit financing, a round led by Shorooq Partners and Amplify Growth Partnership. This funding will enable the company to scale its operations and expand its Earned Wage Access (EWA) services across the UAE, targeting both blue-collar and white-collar workers. In an official statement released on […]
GITEX Editions makes its debut to Redefine Global Power Tech Domination
The all-new premier showcase saw deeptech founders, CEOs and industry leaders gather at Dubai World Trade Centre for a series of thought-provoking discussions centred around AI DUBAI, United Arab Emirates, October 15, 2024/ — The all-new GITEX Editions got underway on the opening day of GITEX GLOBAL (www.GITEX.com) as discussions focused on accelerating the growth of global late-stage advanced tech […]
UAE to Introduce ‘Palm ID’ Technology, for Cardless Payments and Cash WithDrawals
The UAE is on the verge of transforming its payment landscape with the introduction of Palm ID, a cutting-edge biometric payment solution that scans the unique vein patterns in an individual’s palm. Developed by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) in collaboration with the Central Bank of the UAE, this […]