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Dubai

Stake Introduces Real-Time Card Withdrawals via Checkout.com

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Dubai-based property investment platform Stake has launched a new withdrawal feature, Pay to Card, in partnership with global payments company Checkout.com. The service enables investors to receive their dividends and returns directly to their bank cards, often within minutes. The launch follows a pilot phase in May involving over 200 investors. Several users reported receiving […]

The post Stake Introduces Real-Time Card Withdrawals via Checkout.com appeared first on Fintechnews Middle East.

AED 2 Billion in Open Finance Payments Tracked in UAE

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Lean Technologies, a financial infrastructure provider in MENA has published a comprehensive whitepaper detailing how Open Finance is redefining payments in the UAE. Titled The Dawn of Open Finance – Payments, the report serves as a reference for fintech companies, digital platforms, financial institutions and policymakers seeking to understand how regulatory frameworks and new technologies […]

The post AED 2 Billion in Open Finance Payments Tracked in UAE appeared first on Fintechnews Middle East.

Switzerland’s Leonteq Partners with Emirates Islamic on Shari’a-Compliant Structured Products

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Leonteq, a Zurich-based fintech company, announced today the formation of a partnership with Emirates Islamic, a financial institution in the UAE, to manufacture and distribute Shari’a-compliant structured products. The collaboration builds on Leonteq’s strategic move into the Gulf region. In 2022, the firm introduced a Shari’a-compliant trust certificate issuance programme through IBDAA Certificate Issuer (IBDAA), […]

The post Switzerland’s Leonteq Partners with Emirates Islamic on Shari’a-Compliant Structured Products appeared first on Fintechnews Middle East.

China and UAE Ink Deal to Boost Cross-Border Payment Cooperation

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China’s Cross-Border Interbank Payment System (CIPS) and the Central Bank of the United Arab Emirates (CBUAE) have signed a MoU to strengthen cooperation on cross-border payments, the People’s Bank of China (PBOC) announced. According to the statement by the PBOC, which oversees and regulates CIPS, the agreement is expected to enhance payment infrastructure and improve […]

The post China and UAE Ink Deal to Boost Cross-Border Payment Cooperation appeared first on Fintechnews Middle East.

EU to Remove UAE from Money Laundering Watchlist

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The European Union (EU) is set to remove the UAE from its list of high-risk countries for money laundering, a move the Gulf nation has long been advocating for. According to Bloomberg, the European Commission, the EU’s executive branch, has removed the UAE from its list of “high-risk third countries with strategic deficiencies in their […]

The post EU to Remove UAE from Money Laundering Watchlist appeared first on Fintechnews Middle East.

UAE Central Bank Fines Six Exchange Houses AED 12.3 Million Over AML Breaches

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The Central Bank of the UAE (CBUAE) has imposed financial penalties totalling AED 12.3 million on six exchange houses operating in the country. These sanctions were issued in accordance with Article (14) of Federal Decree Law No. (20) of 2018 concerning Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and the financing of illegal […]

The post UAE Central Bank Fines Six Exchange Houses AED 12.3 Million Over AML Breaches appeared first on Fintechnews Middle East.

Meedaf and Brink’s Partner to Enhance Cash and ATM Services in UAE

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Meedaf, a financial services entity licensed by the Abu Dhabi Global Market (ADGM) and launched in April 2025, has entered into a strategic joint venture with Brink’s, a global provider of cash and valuables management, digital retail solutions, and ATM managed services. The partnership aims to strengthen the cash management and ATM services landscape in […]

The post Meedaf and Brink’s Partner to Enhance Cash and ATM Services in UAE appeared first on Fintechnews Middle East.

Mawarid Finance and AFS Launch Digital Credit Card Platform in UAE

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Mawarid Finance, in partnership with Arab Financial Services (AFS), a digital payments solutions provider and fintech enabler in the Middle East and Africa, has launched a digital application for credit card issuance and management. The initiative aims to support the shift towards digital financial services and improve user experience in the UAE. The application provides […]

The post Mawarid Finance and AFS Launch Digital Credit Card Platform in UAE appeared first on Fintechnews Middle East.

Singapore’s StashAway Appoints Raaed Sheibani as UAE Country Manager

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StashAway, a digital investment platform operating across Asia and the Middle East, has named Raaed Sheibani as its new Country Manager for the UAE. His appointment coincides with StashAway’s participation in the Dubai International Financial Centre’s (DIFC) ‘1 Million Learners’ initiative as a founding partner. In his new role, Raaed will oversee StashAway’s strategic development […]

The post Singapore’s StashAway Appoints Raaed Sheibani as UAE Country Manager appeared first on Fintechnews Middle East.

Singapore’s StashAway Appoints Raaed Sheibani as UAE Country Manager

by

StashAway, a digital investment platform operating across Asia and the Middle East, has named Raaed Sheibani as its new Country Manager for the UAE. His appointment coincides with StashAway’s participation in the Dubai International Financial Centre’s (DIFC) ‘1 Million Learners’ initiative as a founding partner. In his new role, Raaed will oversee StashAway’s strategic development […]

The post Singapore’s StashAway Appoints Raaed Sheibani as UAE Country Manager appeared first on Fintechnews Middle East.

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