Abu Dhabi, UAE: MBME Pay Payment Services Provider – Sole Proprietorship L.L.C. (“MBME Pay”), a wholly owned subsidiary of MBME Group PJSC, has received its Payment Service Provider license (Category 3) from the Central Bank of the UAE (CBUAE) to conduct Merchant Acquiring and Payment Aggregation activities. This license elevates MBME Pay into an exclusive group […]
Transfers are completed within 5–10 minutes, with a maximum limit of AED 150,000 per transaction for Türkiye and AED 36,000 for the Kingdom of Saudi Arabia. Careem Plus members benefit from zero fees and exclusive member-only rates, turning remittances into a key financial advantage. Dubai, UAE: Careem Pay, the digital payments platform within the Careem […]
Cairo, Egypt: In a groundbreaking move set to transform cross-border banking for Egyptians abroad, Mashreq has become the first UAE-based bank to offer a fully digital account opening service for non-resident Egyptian customers. This innovative solution allows Egyptian nationals residing in the UAE to instantly open a Mashreq Egypt Account remotely via the Mashreq UAE mobile […]
As commerce evolves, legacy authorization systems can become availability bottlenecks – limiting acquirers’ ability to enable new payment experiences. Visa Intelligent Authorization enables modern payment processing across major global and local card networks through a single API with uptime of 99.999%, helping eliminate the need for costly infrastructure maintenance or builds. Egypt, Cairo [March 31, […]
Cairo – Beltone Asset Management has secured initial approval from the Financial Regulatory Authority (FRA) to launch “Fadda”, the Beltone Evolve Silver Investment Fund with Cumulative Daily Return, marking the introduction of Egypt’s first-ever silver-focused investment fund and a key step in expanding the country’s alternative investment landscape. The fund is designed to offer both individual and […]
Cairo: Vodafone Egypt has announced a strategic partnership with TapTap Send, one of the world’s leading international remittance platforms, enabling instant and secure money transfers from more than 30 countries directly to Vodafone Cash wallets in Egypt. The partnership aligns with Vodafone Egypt’s strategy to simplify digital payments and services, while reinforcing Vodafone Cash’s position as […]
Cairo: Basata Holding for Financial Payments S.A.E, a leading fintech company specializing in digital payments, has announced the launch of a new service aimed at facilitating users’ daily financial transactions by expanding its cash-in and cash-out services across its point-of-sale network to include all mobile wallets, after previously being limited to Vodafone Cash only. This move reflects […]
Cairo, Egypt – Granite Financial Holding, a digitally-enabled asset management company, announced that it has received approval from the Financial Regulatory Authority (FRA) to launch a new USD denominated Fixed Income Fund.This step reflects Granite’s commitment to providing innovative and diverse tools for investors within the CashTech sector and contributing to boosting the growth of Egypt’s […]
Cairo, Egypt — Modupay, the leading payments tech enabler across the Middle East and Africa, has announced a significant advancement in its strategic collaboration with Banque Misr, one of Egypt’s most established and trusted financial institutions. Through a newly completed ATM direct integration, FinTech cards sponsored by Banque Misr and processed on Modupay’s platform can now […]
Cairo: Valmore Holding (VLMR.CA and VLMRA.CA on the Egyptian Exchange and VALMORE.KW on Boursa Kuwait), one of the MENA region’s leading investment companies, reported today its consolidated results for the quarter and year ended 31 December 2025. Revenues grew 24% year-on-year (y-o-y) to reach USD 685 million for 2025, driven by strong top-line growth across the […]