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MEA Finance

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National Bank of Fujairah approves dividend

NBF held its Annual General Assembly Meeting (AGAM) at Novotel Hotel, Fujairah, United Arab Emirates, where shareholders approved the distribution of profits of 6%...

UAE Central Bank gives green light to UAE’s first paperless Direct Debit Marketplace

UAE Central Bank (CBUAE) has given the go ahead for the Emirates’ first paperless Direct Debit Marketplace, to provide payers and merchants with an...

Payit launches digital card for local and international payments

Payit, the UAE’s first fully featured digital wallet, is expanding access to cashless transactions with the launch of the new Letsgo Payit Visa Platinum...

A Growing Hub for Wealth

What is leading the increase in many of the world’s HNW and UHNW families to explore options for managing their wealth in the region?...

Dubai Sustainable Finance Working Group defines UAE industry approaches to delivering ESG innovation, net zero and sustainability-linked lending 

The Dubai Sustainable Finance Working Group (DSFWG), established in 2019 by Dubai International Financial Centre (DIFC) and Dubai Financial Market (DFM), the leading financial...

Mashreq’s NEOBiz Connect API integration goes live with Virtuzone

Following a successful pilot phase, Mashreq has successfully launched its NEOBiz Connect API (Application Programming Interface) integration with strategic partner, Virtuzone. NEOBiz Connect allows any...

Heeding the Call

What is driving many of the world’s HNW and UHNW families across the Middle East to explore different options for managing their wealth? At Lombard...

Banks see “clear potential and value” in Swift’s experimental CBDC connector after sandbox collaboration

Swift announced further progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear...

HyperPay announces expansion plans for Saudi Arabian fintech sector and MENA region

HyperPay has announced that it is going public through an initial public offering (IPO) in Saudi Arabia within the next two years as part...

At the Vanguard of POS

What are Verifone’s key projects and plans in the region for FY 2023?  Built on a 40 year history and more than 35 million installed...

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