Doha, Qatar – May 2025: In a landmark move announced at the Qatar Economic Forum 2025, LuLu AI, the fintech investment arm of LuLu Financial Holdings, has made a strategic undisclosed investment in PayLater Qatar, one of the country’s pioneering licensed providers of Buy Now, Pay Later (BNPL) and embedded finance solutions. The announcement was […]
QIB welcomes Alfardan Automobiles to its Auto Marketplace to enhance the car buying experience
Doha, Qatar – Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the addition of Alfardan Automobiles, the exclusive and official importer for BMW in Qatar to its recently launched Auto Marketplace. This cutting-edge platform, integrated with the QIB Mobile App, revolutionizes the car buying process by digitally connecting customers with car dealers seamlessly and […]
AmwalPay Becomes First Omani Company to Officially Integrate with Shopify to Support E-Commerce in the Sultanate
Oman: In a key step for Oman’s growing fintech landscape, AmwalPay has officially announced its integration with Shopify, becoming the first Omani payment gateway licensed by the Central Bank of Oman to be directly available for Shopify merchants. Through this integration, merchants in Oman can now activate AmwalPay as a payment provider on their Shopify stores — […]
QIB becomes first issuer bank in Qatar and GCC to launch click to pay service for Visa cardholders
Doha, Qatar – Qatar Islamic Bank (QIB), Qatar’s leading digital bank has partnered with Visa, a global leader in digital payments, to become the first issuer in Qatar and the GCC to offer to its Visa Cardholders, Click to Pay service with biometric authentication, further strengthening its leadership in digital payments. Click to Pay simplifies the […]
QFC partners with HKTDC and HSIL to deepen financial sector collaboration with Hong Kong
Doha – Qatar: Qatar Financial Centre Authority (QFCA), the legal and tax arm of the Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has signed a Memorandum of Understanding (MOU) with the Hong Kong Trade Development Council (HKTDC) and a Heads of Terms (HOT) with Hang Seng Indexes Company Limited (HSIL). […]
PayLater and Damaan Islamic Insurance Company (Beema) Partners to Introduce Shari’a-Compliant Insurance Payments in Qatar
Doha, Qatar — PayLater, a leading provider of Shari’a-compliant Buy Now, Pay Later (BNPL) solutions, has announced a strategic partnership with Damaan Islamic Insurance Company (Beema), marking a significant milestone in the evolution of Qatar’s insurance sector. Through this collaboration, Beema customers will now have the option to split their insurance payments using PayLater’s interest-free, Shari’a-compliant […]
QNB becomes the First Bank in Middle East & Africa to open a branch in India’s GIFT City
DOHA, Qatar – QNB, the largest financial institution in the Middle East and Africa (MEA), has become the first bank from the MEA region to open a branch in GIFT City in Gujarat, India’s first international financial centre & special economic zone. Commenting on the launch of the new branch, Mr. Abdullah Mubarak Al Khalifa, […]