Editors pick

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...

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...

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures announce strategic collaboration to explore innovation in SME and beyond

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures, signed an MoU announcing a strategic collaboration to jointly explore new opportunities...

Deem Finance and airpay announce strategic partnership to expand SME access to integrated, purpose-led lending solutions in the UAE

Deem Finance LLC, a purpose-led financial services provider committed to enabling the progress of underserved segments in the UAE, today announced a strategic partnership...

Moneyhash and Mastercard collaborate to expand access to merchant focused solutions, enhancing payment performance

Moneyhash is collaborating with Mastercard to expand merchant access to its Merchant Cloud platform across the Middle East and Africa. By connecting to Mastercard’s...

Mastercard Consumer Shopper Snapshot 2025 reveals growing shift towards intentional holiday shopping in UAE

Mastercard's Consumer Shopper Snapshot 2025 shows that value for money tops UAE holiday shoppers’ wish lists, the majority make purchases through multiple channels, and...

Careem Pay launches international money transfers to Canada and Bangladesh

Careem Pay, the digital payments platform within the Careem app, expands its remittance service to Canada and Bangladesh, allowing UAE residents to send money...

The UAE strengthens national defences against cyber-enabled financial crime

The General Secretariat of the National Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation Financing Committee (NAMLCFTPFC), in cooperation with Themis, has...

PaySelect introduces breakthrough tool transforming cross-border payment experiences for businesses

PaySelect, a digital platform for payment solution comparison, is redefining how businesses manage and expand their cross-border payment operations. Through its dedicated Cross-Border Payments...

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