Dubai
Dubai to enable cryptocurrency payments for government fees
Dubai Finance (DOF) has signed a memorandum of understanding (MoU) with Crypto.com to enable cryptocurrency payments for government service fees. …
NPCI International, Magnati to facilitate UPI payments in UAE
NPCI International Payments Limited (NIPL) has joined forces with Middle Eastern payment solutions provider Magnati to extend QR-based UPI merchant…
Dubai fintech Now Money taps ThetaRay to combat money laundering
Dubai-based Now Money has turned to Israeli fintech ThetaRay to monitor cross border payments across GCC nations. The mobile banking…
Dubai’s Careem snaps up payment technology platform Denarii
Dubai-based super app Careem has acquired regional money transfer technology platform Denarii for an undisclosed amount. Founded in 2019 by…
Fintech firm Ziina raises $7.5m to fund Saudi expansion
Dubai-based fintech Ziina has raised $7.5m in a new funding round to accelerate its expansion to Saudi Arabia and Jordan…
DIB and Emirates Skywards launch co-branded credit cards
UAE-based Dubai Islamic Bank (DIB) and Emirates Skywards have launched new co-branded credit cards targeted at people who frequently travel…
DIFC launches $100m fintech fund
Dubai International Financial Centre (DIFC) has set up a $100m fintech- focussed fund to support start-ups entering fintech industry. The…
Dubai Economy taps Object Tech to support contactless payments
Emcredit, a subsidiary of Dubai Economy, has signed a partnership agreement with UK-based Object Tech Group to develop and implement…
Dubai and Malaysia regulators sign fintech cooperation agreement
The Dubai Financial Services Authority (DFSA) and Securities Commission Malaysia (SC) have inked an agreement to support fintech innovation in…
Hong Kong, Dubai regulators sign fintech cooperation pact
The Hong Kong Securities and Futures Commission (SFC) and the Dubai Financial Services Authority (DFSA) have signed an agreement to…
DIFC to launch fintech accelerator in Dubai
Dubai International Financial Centre (DIFC) has announced plans to launch a fintech accelerator in Dubai in association with professional service…
Network International to acquire Emerging Markets Payments Group
Network International, a Dubai-based payment solutions provider, has agreed to purchase Emerging Markets Payments Group (EMP) for more than $300m…
National Pay, Noor Bank partner to launch DubaiCard
Dubai's National Pay, in collaboration with Tuxedo Money Solutions, has teamed up with Noor Bank to launch the world first…
Payfort acquires startup White Payments
Payfort, a Dubai-based online payment gateway, has acquired White Payments, a Dubai startup that offers online payments solution to small…
Emirates NBD mulls payments arm IPO-report
Dubai-based Emirates NBD and private equity firm Abraaj Group are reportedly considering listing shares of credit-card processing unit, Network International.The…