Citi Appoints Rajeev Garg as Head of Wealth for UAE
Citi appoints Rajeev Garg as Head of Wealth for UAE Citi has named Rajeev Garg as Head of Wealth for Citibank UAE, with the appointment taking effect on 18 June 2026. In his new role, Garg will oversee the strategic development and performance of the bank’s local wealth business, including Citigold, Citigold Private Client, and […]
Read MoreCoinMENA Partners With Standard Chartered for UAE Crypto Banking
CoinMENA Partners With Standard Chartered to Strengthen UAE Crypto Banking Infrastructure CoinMENA FZE has partnered with Standard Chartered to enhance its fiat payment infrastructure in the United Arab Emirates, in a move designed to improve funding speed and settlement efficiency for its regional customers. The collaboration focuses on customer money account services and fiat payment […]
Read MoreSAB Invest Launches Securities Lending Service with JPMorganChase
SAB Invest launches securities lending service with JPMorganChase SAB Invest, the investment arm of Saudi Awwal Bank, has launched a new securities lending service for clients and named JPMorganChase as its agent for the domestic equity business. The move is part of SAB Invest’s broader plan to expand the platform into global assets while strengthening […]
Read MoreRevolut Secures CBUAE Payment Licenses Ahead of UAE Launch
Revolut Secures CBUAE Payment Licenses Ahead of UAE Launch Revolut has received its Stored Value Facilities (SVF) license and Retail Payment Services (Category II) license from the Central Bank of the UAE (CBUAE), marking a key regulatory milestone ahead of its planned launch in the country. The approval follows an in-principle clearance granted to the […]
Read MoreHuawei Cloud Partners With Thndr on Cloud and AI in Egyptian Fintech
Huawei Cloud Partners With Thndr to Advance Cloud and AI in Egyptian Fintech Huawei Cloud has signed a memorandum of understanding (MoU) with Thndr, an Egyptian digital investment platform, to expand the use of cloud computing and artificial intelligence (AI) in financial services. The agreement was finalized during the Huawei Cloud Fintech Summit 2026 and […]
Read Moredu Launches AI-Powered SME Platform With Peko
du Launches AI-Powered SME Platform With Peko UAE telecom provider du has introduced du Launchpad, an AI-powered platform designed to help small and medium-sized enterprises (SMEs) manage accounting, payroll, invoicing, corporate tax filing, and regulatory compliance. The service was developed in partnership with software company Peko and is offered under du’s business portfolio. The launch […]
Read MoreAlaan Launches Embedded Business Account for UAE Companies with ruya
Alaan Launches Embedded Business Account for UAE Companies with ruya UAE spend management platform Alaan has launched an embedded business banking account for companies in the UAE through a partnership with ruya. The new offering brings digital banking features directly into the Alaan platform, enabling businesses to manage key financial tasks within a single workflow. […]
Read MoreCBUAE and Central Bank of Kosovo Partner to Boost Fintech and Regulatory Cooperation
CBUAE and Central Bank of Kosovo Sign MoU to Advance Fintech and Regulatory Cooperation The Central Bank of the UAE (CBUAE) and the Central Bank of the Republic of Kosovo have signed a memorandum of understanding aimed at strengthening bilateral relations and expanding cooperation across a range of financial sector priorities, including financial technology, regulatory […]
Read MoreHSBC Partners With DDS to Digitise Direct Debits in the UAE
HSBC and DDS Partner to Digitise Direct Debits in the UAE HSBC Bank Middle East has partnered with Direct Debit System (DDS) to expand access to the UAE Direct Debit System, giving corporate clients across the country a digital alternative for recurring payment collections and receivables. The collaboration is designed to help businesses move away […]
Read MoreRipple Backs Flutterwave in Series E Round at US$3.2 Billion Valuation
Ripple Invests in Flutterwave’s Series E Round at US$3.2 Billion Valuation Flutterwave has secured a strategic investment from Ripple as part of its Series E funding round, valuing the African payments company at US$3.2 billion. The transaction underscores growing investor interest in cross-border payment infrastructure across Africa, where demand for faster and more cost-efficient settlement […]
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