Dubai
Dubai’s Road Transport Authority Launches Smart Payment Card
Dubai’s Roads and Transport Authority (RTA) and Huawei Consumer Business Group announced the launch of the Gulf Cooperation Council’s (GCC) digital nol cards and nol Pay mobile app on the Huawei AppGallery. This collaboration is in line with the RTA’s
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7 Fintech Startups in UAE to Watch in 2021
The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA), housing about 50% of the region’s fintech companies. In the UAE, two leading financial free zones, Abu Dhabi Global Market
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Fintech in 2020: Key Developments that Shaped UAE’s Fintech Industry This Year
The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA) and home to half of the region’s fintech companies. As of November 2020, the UAE accounted for over 60% of funds raised
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Tabby Ties up With IKEA to Offer Interest-Free Buy Now, Pay Later Option
tabby, a Middle East “Buy Now Pay Later” platform, announced that it has partnered with Swedish home furnishing retailer, IKEA to provide customers in the UAE with the flexibility to pay in interest-free installments for their online and in-store purchases.
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Visa Study Forecasts Booming E-Commerce Sector Amidst Rising Digital Payments
The UAE e-commerce sector is expected to continue on an upward trajectory due to the digital payments boom during the COVID-19 pandemic, according to a joint study by Dubai Economy and Visa. The “United Arab Emirates (UAE) eCommerce Landscape 2020”
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Amazon Payment Services Kicks off in MENA Region
Amazon has launched its Amazon Payment Services, previously known as PAYFORT, as a payment processing service in the Middle East and North Africa (MENA) region aiming to empower businesses with simple, affordable, and trusted online payment experiences. The newly launched
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UK Startup Ebury First to Receive Financial Services License Under DFSA
Dubai International Financial Centre (DIFC), announced that Ebury, a UK fintech startup offering cross-border financial services and risk management, has been granted a Financial Services license to carry out the regulated activity of providing Money Services from the center. Ebury,
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Emirates NBD’s Mobile Banking App Now Available on Huawei AppGallery
Emirates NBD announced that its mobile banking app is now available on the Huawei AppGallery, providing its customers with added choice and flexibility. The partnership places Emirates NBD’s mobile banking app on what Huawei claims to be the world’s third-largest
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SEED Group Partners German Blockchain Firm Ubirch for UAE Expansion
Venture capital firm SEED Group has partnered with German blockchain and cybersecurity specialist Ubirch. As part of this agreement, SEED Group will facilitate Ubirch to expand its business portfolio in the United Arab Emirates (UAE) and the wider Middle East region
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UnionPay, Abu Dhabi Islamic Bank to Enable Contactless Payments on NFC Terminals
Card company UnionPay International partners Abu Dhabi Islamic Bank (ADIB) to enable UnionPay card and contactless payment transactions on the bank’s 15,000 near field communications (NFC) terminals in the UAE. As a safer payment method during the COVID-19 pandemic, UnionPay International
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