The partnership will streamline cross-border payments to 120 countries worldwide through the adoption of the Visa B2B Connect platform. Businesses will enjoy efficient, reliable and secure, money transfer services. Account-to-account transactions from QIB Corporate accounts to beneficiary banks to be facilitated through the deployment of Visa B2B Connect. QIB Corporate and SME customers will gain […]
Qatar’s logistics startup ShipBee Secures QR855,000 in Pre-Seed Funding Led by GrowthX
Doha, Qatar – June 2, 2025 – ShipBee , an innovative & AI-powered one-stop-shop digital logistics marketplace, providing end-to-end logistics solutions, incubated & supported by the mobility incubator of Qatar Development Bank and the Digital Incubation Center, today announced the successful closure of its Pre-Seed funding round, raising a total of QR855,000 from institutional and […]
Google Cloud Summit Doha celebrates two-year anniversary of local region
Second annual Summit showcases AI advancements and customer success MCIT and Google Cloud collaboration highlighted at Summit, empowering Qatar’s government sector with trusted AI and cloud technologies for Qatar National Vision 2030. DOHA, QATAR – Today, Google Cloud hosted its second annual Google Cloud Summit in Doha, held under the patronage of His Excellency Mohammed bin […]
PayTic Announces Strategic Partnership with NymCard
Partnership marks significant milestone in payment operations automation in GCC. [Dubai, 29st May 2025] – PayTic, a leading payment operations automation platform, today announced a strategic partnership with NymCard, marking PayTic’s entry into the GCC with its first strategic client. This collaboration represents a significant milestone in bringing advanced payment automation solutions to the rapidly growing Middle East […]
Qatar’s PayLater secure Investment from LuLu AI, the fintech arm of LuLu Financial Holdings
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 […]