UAE

Mamo Raises $4.3 Million for UAE Small Business Financing
Mamo Raises $4.3 Million for UAE Small Business Financing
July 28, 2024  |  Fintech Investments

Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards...

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Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
July 23, 2024  |  Banking

The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically...

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Mastercard and Network International Launch Business Payment Solutions in UAE
Mastercard and Network International Launch Business Payment Solutions in UAE
July 11, 2024  |  B2B Payments

Network International has introduced new Business Payment Solutions for companies in the United Arab Emirates (UAE). These solutions were launched in partnership with Mastercard and include card...

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Commercial Bank of Dubai and Visa Partner on Credit, Debit Cards
Commercial Bank of Dubai and Visa Partner on Credit, Debit Cards
July 08, 2024  |  Partnerships

Commercial Bank of Dubai has partnered with Visa on credit and debit cards, core data assets and insights, and marketing initiatives. These efforts are part of...

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Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
July 07, 2024  |  Connected Economy

Emaar Properties PJSC, a real estate developer in the United Arab Emirates (UAE), has adopted a virtual card solution from Visa and Mashreq to facilitate the digitization...

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Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE
Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE
July 02, 2024  |  B2B Payments

Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). This...

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89% of UAE Retail Shoppers Leverage Digital Tools in Physical Stores
89% of UAE Retail Shoppers Leverage Digital Tools in Physical Stores
June 06, 2024  |  Retail

Worldwide, when it comes to shopping, consumers no longer think in terms of channels such as in-store or online. For an increasingly larger share, physical...

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Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
May 13, 2024  |  artificial intelligence

The United Arab Emirates (UAE)-based Technology Innovation Institute (TII) has announced a new iteration of its large language model (LLM). The new Falcon 2 includes a model with image-to-text...

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Digital Stagnation Pressures UAE Merchant Growth
Digital Stagnation Pressures UAE Merchant Growth
May 13, 2024  |  VISA

In the United Arab Emirates, 71% of consumers actively use digital features to enhance their shopping experiences. Yet valuable opportunities to build on this robust...

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