Abu Dhabi, UAE –9th of September, 2026: Mal, the world’s first AI-native Islamic financial platform, today opened its global waitlist, just three months after receiving its In-Principle Approval (IPA) from the Central Bank of the UAE. Customers joining the waitlist will receive priority access to Mal’s first product releases and exclusive rewards. Once their account […]
Doha – Qatar: Qatar Financial Centre (QFC), a leading onshore financial and business center, signed a Memorandum of Understanding (MoU) with AlRayan Bank (Q.P.S.C), one of Qatar’s leading Islamic banks, to enhance banking access for QFC firms and collaborate on strengthening Islamic finance and capital markets in Qatar. Under the MoU, QFC will promote AlRayan as […]
Doha, Qatar: In line with the Third Financial Sector Strategy and the Third National Development Strategy 2024-2030, Qatar Central Bank announced on Sunday its collaboration with Samsung Gulf Electronics to integrate Himyan, Qatar’s national payment scheme, into Samsung Wallet, enabling eligible cardholders to make fast, secure and contactless payments directly from their compatible Galaxy smartphones […]
Qatar Islamic Insurance Group has received a license from the authorities of the International Financial Services Centre (IFSC) to establish an Indian branch to conduct reinsurance business in Gujarat International Finance Tec-City (GIFT City). The firm is the latest in a long line of re/insurers to establish its presence in GIFT City. The IFSC recently […]
Doha, Qatar: Qatar’s financial technology sector recorded unprecedented growth in July 2026, driven by a sharp rise in digital account-to-account transfers, rapid adoption of instant payment systems, and steady expansion in point-of-sale transactions. According to official statistics released yesterday by the Qatar Central Bank (QCB), the total value of electronic payment system transactions in the […]
Doha: Qatar Post has launched a new remittance service between the State of Qatar and the Republic of India, in cooperation with India Post and the Universal Postal Union (UPU), coinciding with the Republic of India’s Independence Day celebrations, which fall on August 15th of each year. The service enables customers in the State of […]
Rasmal joins the round with its investor GrowthX Capital—Hamad Al-Hajri’s family office—and Further Ventures, placing Gulf institutional capital at the centre of a global payments infrastructure The investment follows Yuno’s regional office in Qatar and a certification by the Saudi Central Bank, a partnership opening local payment rails across all six GCC markets The commitment […]
Infinite Business Solutions (IBS), the Dubai-headquartered FinTech company founded by Jordanian entrepreneurs Ibrahim Darraz and Mohammad Al-Azzeh, continues to strengthen its position as one of the region’s leading digital transformation enablers, powering millions of secure transactions every month across more than 10 countries throughout the Middle East and Africa. With Saudi Arabia representing its largest […]
Doha, Qatar: Dukhan Bank has gone live on Kinexys by J.P. Morgan’s Blockchain Deposit Account network, making it the first Islamic bank in Qatar to adopt this next-generation payments infrastructure. The implementation marks a significant step in Dukhan Bank’s digital transformation journey, enabling faster, more efficient, and always-on payment services for corporate and institutional clients […]
Multiverse Computing to establish Doha as its regional headquarters Doha, Qatar: Qatar Development Bank (QDB) has announced its investment in Multiverse Computing, a global leader in efficient and sustainable artificial intelligence and one of Europe’s newest unicorns, during a signing ceremony held in Doha. QDB’s investment forms part of the company’s EUR 500 million Series C […]