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Revolut Secures In-Principle Approval from UAE Central Bank

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Revolut has received in-principle approval for its Stored Value Facilities and Retail Payment Services (Category II) licenses from the Central Bank of the UAE (CBUAE). The approval marks a step towards Revolut launching its services in the UAE, where it plans to offer a full suite of products to retail customers. The UAE is viewed […]

The post Revolut Secures In-Principle Approval from UAE Central Bank appeared first on Fintechnews Middle East.

StashAway Launches Shariah-compliant Global Portfolios in UAE

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StashAway, a digital investment platform, has introduced its Shariah Global Portfolio in the UAE. The portfolios, available across four risk levels, are Shariah-compliant and globally diversified, with historical annual returns of up to 13.7% over the past five years. They are designed to allow investors to grow their wealth in a manner consistent with their […]

The post StashAway Launches Shariah-compliant Global Portfolios in UAE appeared first on Fintechnews Middle East.

Mastercard Partners with Qlub to Expand Hospitality Digital Payments in GCC

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Mastercard has partnered with Qlub, a fintech company operating in the hospitality sector, aimed at expanding digital and contactless payments across the GCC. The partnership is intended to support the adoption of technology-driven payment solutions in restaurants across the region. Under the agreement, Mastercard will provide its payment platforms and technologies to Qlub and will […]

The post Mastercard Partners with Qlub to Expand Hospitality Digital Payments in GCC appeared first on Fintechnews Middle East.

Zand Rolls Out ZandPay with Transguard and Arab Financial Services

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Zand has announced the launch of ZandPay, a point-of-sale (POS) solution developed in collaboration with Transguard Group and supported by Arab Financial Services. ZandPay has been designed to help businesses manage payments more effectively, providing a combination of speed, security and flexibility. It supports a range of payment methods, including debit and credit cards, contactless […]

The post Zand Rolls Out ZandPay with Transguard and Arab Financial Services appeared first on Fintechnews Middle East.

Khaleeji Bank Partners with eTijwaal App on Travel eSIM Services

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Bahrain-based Khaleeji Bank has partnered with UAE-based eTijwaal App, a digital platform that provides eSIM services for travellers. The agreement is intended to give the bank’s clients easier access to mobile connectivity abroad while linking credit card usage with cashback rewards. The eTijwaal App is among the first in the Middle East to provide travel […]

The post Khaleeji Bank Partners with eTijwaal App on Travel eSIM Services appeared first on Fintechnews Middle East.

UAE and Saudi Consumers Lead in AI Adoption and Social Commerce

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Deloitte’s Digital Consumer Trends 2025 report provides insights into how consumers in the UAE and Saudi Arabia (KSA) engage with digital technology, media, and connectivity. The study surveyed 2,000 consumers aged 18–50 across both markets, highlighting rapid adoption of generative AI, the dominance of smartphones, growing interest in connected devices, and the rise of social […]

The post UAE and Saudi Consumers Lead in AI Adoption and Social Commerce appeared first on Fintechnews Middle East.

RAK Properties Partners with Hubpay to Enable Property Purchases via Digital Assets

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RAK Properties, Ras Al Khaimah’s publicly listed real estate developer, has entered into a partnership with Hubpay, an ADGM-regulated fintech, to enable international clients to purchase property using digital assets. Under the agreement, buyers can pay with assets such as USDT, Bitcoin, and Ethereum. Hubpay’s regulated platform converts the payments into UAE dirhams, which are […]

The post RAK Properties Partners with Hubpay to Enable Property Purchases via Digital Assets appeared first on Fintechnews Middle East.

Holo Raises $22M in Series A to Expand in UAE and Saudi Arabia

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Holo, a UAE-based proptech, has raised US$22 million in one of the largest Series A rounds in the GCC in 2025. The round was led by Saudi Arabia’s Impact46, with participation from Mubadala Investment Company, Rua Growth Fund, anb seed, MoreThan Capital, and returning investors Salica Oryx Fund and Dubai Future District Fund. Last year, […]

The post Holo Raises $22M in Series A to Expand in UAE and Saudi Arabia appeared first on Fintechnews Middle East.

NTT DATA Names Muhannad Khattab as UAE Country Manager

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NTT DATA, a Japan-based IT service provider, has announced the appointment of Muhannad Khattab as Country Manager for the UAE. The role reflects the company’s aim to strengthen its presence in the country and support both public and private sector organisations in adopting advanced technologies. The appointment comes as the UAE continues to expand investment […]

The post NTT DATA Names Muhannad Khattab as UAE Country Manager appeared first on Fintechnews Middle East.

BurjX Secures UAE Digital Asset Platform with Fireblocks Infrastructure

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BurjX, a UAE-based digital asset trading platform licensed for both brokerage and custody services by the Financial Services Regulatory Authority (FSRA) of the ADGM, has announced it is using Fireblocks, an enterprise platform that provides digital asset infrastructure solutions, to support its trading and custody operations. Amid reports of over US$2.17 billion lost to crypto […]

The post BurjX Secures UAE Digital Asset Platform with Fireblocks Infrastructure appeared first on Fintechnews Middle East.

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