UAE Plans National System for Carbon Credits Based on Blockchain Technology

Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, witnessed the signing of a Memorandum of Understanding between the Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation on cooperation to establish the

Read More Launches Peer-to-Peer Payments Service “noon Pay”

Saudi Arabian e-commerce platform has launched noon Pay, a peer-to-peer payments service for its users in KSA and the UAE. noon Pay enables individuals to transfer money in the form of noon credits to anyone using just their mobile

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Emirates NBD Revamps Digital Bank Liv Targeting Generation Now

Emirates NBD has revamped its digital bank Liv, with a new value proposition targeted at Generation Now empowering them with a better financial future through innovative offerings and a superior digital experience. Reflected in its new tagline, ‘Liv Ahead’, Liv’s

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Emirates NBD Enhances Whatsapp Banking Service

Emirates NBD has launched an enhanced and upgraded version of its WhatsApp banking service, providing customers with a convenient, secure and reliable digital banking experience like never before. Emirates NBD WhatsApp banking allows customers to seamlessly avail of 15 everyday

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Emirates NBD to Transform Business Operations and Enhance Productivity With Generative AI and Microsoft

Emirates NBD has announced a transformation focused on harnessing the power of generative AI to change Emirates NBD’s operations and enhance productivity across various business functions supported by Microsoft. This collaboration aims to unlock new opportunities for innovation, efficiency, and

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DIFC to Build Campus Set to Attract Over 500 AI and Web 3.0 Companies

Under the directives of First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC) His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, DIFC, announced

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Nymcard Acquires BNPL Platform Spotii to Offer Solutions for Banks and Financial Institutions

NymCard, a Dubai based payments infrastructure provider, has completed the acquisition of Spotii, a prominent Buy Now Pay Later (BNPL) Fintech operating in key markets including KSA, UAE, and Bahrain. This strategic move positions NymCard to offer its financial services

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Mastercard Partners With UAE Life-Style Banking App to Issue Virtual Prepaid Cards Across GCC

Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks a significant stride in Mastercard‘s ongoing commitment to advancing digitalization in the payments

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77 % Of IT Leaders in the UAE Claim Their Digital Infrastructure Is Prepared for AI Technology

More than three out of four IT leaders surveyed in the UAE (77%) say their existing IT infrastructure is prepared for the demands of artificial intelligence (AI) technology, as the country experiences widespread adoption across industries, according to the Equinix

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Tabby Increases Debt Facility to $350M

Tabby, the MENA’s  shopping and financial services app, has successfully closed a new financing round resulting in upsizing its debt facility to $350 million, over a 2X increase since its last debt raising announcement. The round involved the participation of

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