Mashreq and i2c announced the beginning of cooperation, within the framework of which the companies will present digital payment solutions in the financial services market of the United Arab Emirates (UAE).
Noventiq, a global provider of digital transformation and cybersecurity solutions and services, closed the deals to acquire UAE-based Seven Seas Technology (SST).
Saudi fintech company Hala announced the purchase of a payment startup from the UAE Paymennt.com.
The Hub71+ Digital Assets will be an ecosystem promoting the success of blockchain and Web3 startups.
Dubai-based bank Emirates Islamic has launched a global fintech accelerator campaign in collaboration with Plug and Play Abu Dhabi
The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub
Dubai mandates licensing for crypto services providers with new regulatory requirements by the VARA.
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.
Last week, India decided to open its Unified Payments Interface (UPI) payment gateway for NRIS (non-resident Indians).
This new alliance gives UAE companies an opportunity to provide their unbanked employees with complete digital bank accounts using the FlexxPay app with access to ADCB payroll services
The Islamic Bank of Abu Dhabi launched the release of devices for contactless payments.
Emirates NBD is looking for leading FinTech start-ups with digital experience and emerging technology players operating across the metaverse
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