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MEA Finance

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Global Money Exchange launches “Global Pay” mobile app powered by Comviva

Global Money Exchange Co. LLC (GMEC), Oman’s money exchange company, announced the launch of Global Pay, its new mobile application powered by Comviva’s mobiquity® Pay platform. This...

Al Fardan Exchange signs a Memorandum of Understanding with the Zayed Authority for People of Determination to support inclusive employment

Al Fardan Exchange, a UAE financial services provider, has signed a Memorandum of Understanding (MoU) with Zayed Authority for People of Determination, aimed at...

Aafaq launches World Elite Mastercard credit card, new premium Islamic finance product

Mastercard has joined forces with Aafaq Islamic Finance (Aafaq) to introduce a new variant under its World Elite portfolio – the Aafaq World Elite...

Aafaq Islamic Finance advances intelligent, agentic automation with Finesse to strengthen operational excellence

Aafaq Islamic Finance, a financial institution in the UAE, has enhanced operational efficiency and accuracy by implementing Robotic Process Automation (RPA) across key finance...

Mal closes record $230M seed round to build world’s first AI-native Islamic digital bank

Mal, the AI-native Islamic digital bank founded by serial fintech entrepreneur Abdallah Abu-Sheikh, is gearing up for its official launch following a strategic $230M...

botim money collaborates with Mastercard to expand and accelerate embedded cross-border payments

botim money, botim’s financial services arm serving millions of users in the UAE and beyond, announced a strategic collaboration with Mastercard to expand its global...

Wio Bank launches UAE’s first account for content creators

The 1 Billion Followers Summit, a summit dedicated to the content creation economy, in collaboration with Wio Bank, a UAE digital bank and Visa,...

Janus Henderson announces exclusive distribution arrangement with HSBC to launch innovative thematic global equity fund

Janus Henderson Investors announced the launch of the Janus Henderson Horizon Discovering New Alpha Fund (DNA), a global equity fund available exclusively to HSBC...

Emirates Islamic provides USD 500 million structured financing to Mass Group Holding

Emirates Islamic, one of the Islamic financial institutions in the UAE, has announced a landmark structured funding transaction valued at USD 500 million to...

Network International becomes first payments platform to power Stablecoin payments in the UAE through AE Coin in partnership with MBank

Network International, a fintech company across the Middle East and Africa, has become the first payments platform to enable regulated Stablecoin payments in the...

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