PayPal, TerraPay Partner To Boost Real-time Digital Transfers Across Middle East And Africa
The MENA digital payments market, estimated at $251.34 billion in 2025, is expected to reach $422.56 billion by 2030 Read more
Goldman Sachs Alternatives Acquires Majority Stake In UAE HR Firm PeopleStrong
The acquisition underscores the company’s ambitious growth strategy in the GCC region Read more
Al Salam Bank Announces Details Of Its 2025 Danat Savings Scheme
The biggest reward programme in Bahrain to offer prizes worth $10.6 million, including three grand prizes of $2.65 mill... Read more
Saudi Arabia Sees Surge In Cashless Payments As It Adopts Digital Transactions
Saudi Arabia uses digital technology for 79 per cent of retail payments Read more
Al Etihad Payments Signs Global Co-badging Deals For Jaywan Cards With Major Payment Giants
Jaywan cardholders will gain seamless global payment capabilities as UAE’s Al Etihad Payments partners with Visa, Mas... Read more
ADGM RA Fines Christopher Flinos, AC Holding For Cryptocurrency Conversion Violations
According to the RA, AC Holding exceeded the scope of its commercial license by acting as an investment company and off... Read more
ADGM Financial Regulator Imposes $8.85mn In Penalties On Hayvn Group For Regulatory Breaches
The investigation resulted in the cancellation of Hayvn ADGM's Financial Services Permission, and an indefinite prohibi... Read more
UAE Announces New Tax Rule
Ministry of Finance issues new Corporate Tax rules Read more
Al Ansari Financial Services Acquires BFC In $200mn Deal
The acquisition makes Al Ansari Financial Services the largest non-banking financial institution in the GCC region in t... Read more
India-based Ambit Global Private Client Expands Footprint Into Dubai
The new entity, Ambit Global Private Client (MENA) Limited, is the result of the strategic acquisition of Dubai-based M... Read more
UAE Bank Investments Rise To $202bn In January 2025
This represents a 16.1 percent growth compared to January 2024, according to the Central Bank of the UAE's latest banki... Read more
UAE Tax Authority Launches New Moáther Package To Support Influencer Tax Compliance
FTA aims to support business sectors by providing them with tools for self-compliance with UAE tax legislation Read more
UAE Exchanges, Fintechs Brace For Trump Tariffs Impact On Remittances As Global Trade Tensions Mount
Money transfer firms in Dubai are bracing for currency swings as Trump’s tariffs shake global trade, impacting remitt... Read more
Telr Expands Saudi Presence Through Strategic Partnership With Saudi Awwal Bank
The partnership will provide merchants with access to a comprehensive suite of payment solutions Read more
Revealed: UAE, Middle East Fast Emerging As Global Capital For Private Wealth Management
Ongoing global market turbulence drives wealthy elite to safer markets like the UAE and wider Middle East after sufferi... Read more