SAMA announces the issuance of the Open Banking Framework as one of the key outputs of the Open Banking Program, which includes a comprehensive set of legislation, regulatory guidelines and technical standards based on international best practices to enable banks and fintechs to provide open banking services in the Kingdom. The first version of the […]

Invest Bank and Emirates Post have recently entered a partnership to provide a seamless customer experience by enhancing the bank’s delivery services. The agreement, which was signed by Ahmad Mohd Abu Eideh, CEO of Invest Bank and Peter Somers, CEO of Emirates Post at Invest Bank Head Office in XX October 2022, will enable Invest […]

With an increasing adoption of biometrics in the region, First Abu Dhabi Bank (FAB), the UAE’s largest bank, has partnered with UAE’s largest retailer Majid Al Futtaim (MAF) to launch the nation’s first biometric payment card using IDEMIA’s world-class technology delivering added safety and security to transactions. From unlocking smartphones to gaining verified access to […]

Indonesian State-Owned Enterprise (SOE), PT Pupuk Indonesia (Persero), is expanding opportunities for trade cooperation in ammonia, urea, NPK, and other products by opening a representative office in Dubai, United Arab Emirates (UAE) on Monday, 31 October 2022. Through this expansion, Pupuk Indonesia hopes to further expand its trading businesses and gain broader access to raw […]

Egypt – Leading B2B e-commerce platform Cartona has announced the renewal of its partnership with Beyti, one of the largest producers of milk, juice and yogurt in Egypt. In celebration of their partnership renewal, Cartona launched a campaign to distribute Beyti’s category-leading products to retailers in Delta. The move comes in aims to expand Cartona’s […]

valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced its investment in Hoods, the first and leading live entertainment commerce platform in the Middle East. valU’s investment aims to capitalize on Hoods’ unique platform to penetrate the fast-growing virtual shopping space and diversify its offering to both new and existing valU customers and merchants. […]

Visa the exclusive payment services partner of FIFA, unveiled Visa Masters of Movement, a first-of its-kind hybrid experience featuring a pre-event NFT auction and immersive activation for fans at FIFA World Cup Qatar 2022™. The Visa Masters of Movement auction features digital art inspired by iconic goals from five legendary footballers that have been minted […]

Jazz, Pakistan’s leading digital operator and the largest internet and broadband service provider, collaborated with National Flood Relief Coordination Centre (NFRCC), to develop an App for Seed Distribution for the farmers affected by floods, as part of its commitment to provide technological support to the government for flood response and relief. The app is being […]

TikTok and Zindagi Trust continued their commitment to creating digital safety awareness in Pakistan with another round of workshops in government schools. Announced earlier this year, this partnership has seen Zindagi Trust conduct over 20 workshops so far in their adopted government schools, impacting nearly 1800 students, teachers, and parents who have learnt about critical […]

The Bahrain Institute of Banking and Finance (BIBF), the region’s premier training and development provider, has recently participated in a panel discussion titled “FinTech in Bahrain”, which was held as part of GITEX Dubai 2022, the largest technology exhibition in the world. The BIBF was represented by its Chief Operating Officer, Mr. Ahmed Naeemi, who […]