Lianlian Secures DFSA License to Expand Cross-Border Payments from DIFC
Lianlian Secures DFSA License to Expand Cross-Border Payments from DIFC Chinese digital payment provider Lianlian DigiTech has obtained a payment services license from the Dubai Financial Services Authority (DFSA), marking a significant step in its expansion strategy in the Middle East. The approval supports the company’s move toward establishing a licensed regional headquarters in the […]
Read MoreGoTyme Gives 2000 Employees Shares as The Bank Eyes US$15 Billion Listing
GoTyme Bank Gives 2,000 Employees Shares as It Targets Potential US$15 Billion Listing GoTyme Bank has launched a broad ownership initiative that will allow all 2,000 of its employees to become shareholders, as the digital lender prepares for a possible stock market listing in the coming years. The programme is designed to strengthen employee participation […]
Read Moredu Launches Huawei-Backed National Hypercloud for Chinese Firms in the UAE
du Launches Huawei-Backed National Hypercloud for Chinese Firms in the UAE UAE telecommunications and ICT company du has introduced a sovereign cloud platform aimed at supporting Chinese enterprises and small businesses expanding into the Middle East. The new offering, called National Hypercloud – Huawei Edition, is designed to provide local data hosting while aligning with […]
Read MoreMashreq Guarantees One-Day Business Account Opening in the UAE
Mashreq Guarantees One-Day Business Account Opening in the UAE Mashreq has introduced a one-day business account opening guarantee in the UAE, positioning the service as a faster alternative for companies seeking to access banking services through digital channels. The offering is available through NEO BIZ, the bank’s digital business platform, and is accompanied by a […]
Read MoreADGM Sees 57% AUM Growth as Active Licenses Exceed 13,350 in Q1 2026
ADGM Reports 57% Growth in Assets Under Management in Q1 2026 Abu Dhabi Global Market (ADGM) posted a 57% increase in assets under management (AUM) in the first quarter of 2026, underscoring continued expansion in the emirate’s financial ecosystem. The growth reflects rising interest from global and regional asset management firms establishing or expanding operations […]
Read MoreMal Secures UAE Central Bank Approval to Launch AI-Native Islamic Digital Bank
Mal Secures UAE Central Bank Approval to Launch AI-Native Islamic Digital Bank Abu Dhabi-based fintech startup Mal has received in-principle approval from the Central Bank of the UAE (CBUAE) to establish an AI-native Islamic digital bank, according to reporting from Arabian Business. The approval marks a significant regulatory step for the company as it prepares […]
Read MoreDeem Finance and Yusr Launch Automotive BNPL in the UAE
Deem Finance and Yusr Launch Automotive BNPL in the UAE Deem Finance and Yusr have entered into a partnership to introduce embedded financial services in the UAE, beginning with buy now, pay later (BNPL) solutions for the automotive sector. The agreement combines Yusr’s technology and customer interface with Deem Finance’s regulated infrastructure and governance framework, […]
Read MoreBolt Launches Ride-Hailing Services in Abu Dhabi
Bolt Expands Ride-Hailing Services to Abu Dhabi with DTC Partnership Digital mobility platform Bolt is launching ride-hailing services in Abu Dhabi through its partnership with Dubai Taxi Company (DTC), extending its UAE footprint as demand for app-based transportation continues to rise. The rollout will begin with limousine services, which will be available for booking through […]
Read MoreValu and ElTawkeel Launch Integrated Digital Car Platform in Egypt
Valu and ElTawkeel Launch Integrated Digital Car Platform in Egypt Egypt-based fintech Valu has partnered with automotive retail platform ElTawkeel.com to launch a new digital car-buying solution that combines browsing, financing, and insurance in a single online journey. The platform is designed to streamline the vehicle purchase process by allowing customers to explore new cars, […]
Read Moredu Pay Names Former BEYON Money Chief Roberto Mancone as CEO
du Pay Appoints Former BEYON Money Chief Roberto Mancone as CEO UAE digital wallet du Pay has named Roberto Mancone as its new chief executive officer, marking a leadership transition as the platform prepares to expand beyond payments into new financial services, including lending, insurance, and investment products. Mancone joins du Pay with more than […]
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