PayTabs TAPnGO Acquisition Expands UAE Digital Payment Tools
PayTabs Acquires TAPn’GO to Expand Digital Payment Tools in the UAE Payment orchestration firm PayTabs has acquired full ownership of UAE-based contactless payment technology provider TAPn’GO, in a move designed to broaden its digital checkout capabilities for merchants across the Middle East and North Africa (MENA). The acquisition brings smartphone-based payment tools directly into the […]
Read MoreUAE-Philippines Cross-Border Payments to Improve Under New MoU
UAE and Philippines Sign MoU to Strengthen Cross-Border Payments The Bangko Sentral ng Pilipinas (BSP) and the Central Bank of the United Arab Emirates (CBUAE) have signed a memorandum of understanding (MoU) aimed at improving cross-border payments between the Philippines and the UAE. The agreement is designed to support seamless payment connectivity by integrating the […]
Read MoreDWTC Free Zone Partners Wio Bank to Improve Digital Banking Access for Businesses
DWTC Free Zone Partners with Wio Bank to Expand Digital Banking Access for Businesses Dubai World Trade Centre (DWTC) Free Zone has signed a memorandum of understanding (MoU) with Wio Bank PJSC to improve access to digital banking services for companies operating in the free zone. The partnership is designed to simplify account opening and […]
Read MoreNubank to Set Up Global Headquarters at Abu Dhabi’s ADGM
Nubank to Establish Global Headquarters at Abu Dhabi’s ADGM Nubank, Latin America’s largest digital bank and one of the world’s biggest neobanks by customer count, is set to establish a new global headquarters at Abu Dhabi Global Market (ADGM), expanding its international presence from the Middle East into Asia and beyond. The decision follows a […]
Read MoreDIFC Rolls Out Temporary Support Measures for Businesses and Retailers
DIFC Introduces Temporary Support Measures for Businesses and Retailers The Dubai International Financial Centre (DIFC) has announced temporary support measures aimed at easing short-term operational and financial pressures on businesses and retailers operating within the financial hub. The measures take effect immediately and are designed to provide flexibility as the region navigates current conditions. According […]
Read MoreCareem Pay Adds Türkiye and Saudi Arabia to UAE Remittance Network
Careem Pay Expands UAE Remittance Network to Türkiye and Saudi Arabia Careem Pay has broadened its remittance service for United Arab Emirates residents by adding Türkiye and Saudi Arabia as new transfer destinations. The expansion allows users to send money directly to bank accounts in both countries through the Careem app. With the latest additions, […]
Read MoreKing Street and PIF to Launch Private Credit Fund in Saudi Arabia and MENA
King Street and PIF to Launch Private Credit Fund in Saudi Arabia and MENA King Street Capital Management and Saudi Arabia’s Public Investment Fund (PIF) have signed a non-binding memorandum of understanding to establish a new private credit fund focused on Saudi Arabia and the wider Middle East and North Africa (MENA) region. Under the […]
Read MoreEmirates NBD Launches SME Support Package as Regional Pressures Rise
Emirates NBD launches SME support package as regional pressures rise Emirates NBD has introduced a new Business Support Package aimed at providing temporary fee relief for small and medium-sized enterprises (SMEs) operating in the UAE. The initiative comes as businesses continue to navigate challenging regional conditions and seeks to help companies manage their day-to-day operations […]
Read MoreDFDF and Second Century Ventures Partner to Boost Dubai’s Proptech Innovation
DFDF and Second Century Ventures Sign MoU to Advance Dubai’s Proptech Ecosystem Dubai Future District Fund (DFDF) has signed a memorandum of understanding (MoU) with Second Century Ventures (SCV) to support real estate innovation in Dubai and strengthen collaboration between the local market and international proptech players. SCV is the venture arm backed by the […]
Read MoreCisco Names Bader Almadi Vice President for Saudi Arabia
Cisco appoints Bader Almadi as Vice President for Saudi Arabia Cisco has named Bader Almadi as Vice President for its Saudi Arabia operations, with the role based in Riyadh. The appointment places Almadi in charge of strategy and commercial operations as the company looks to deepen its contribution to Saudi Arabia’s digital transformation agenda. The […]
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