United Arab Emirates

MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers
MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers
June 25, 2020  |  Cross-border Payments

MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a...

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B2B Payments Deterioration Eyed For Asia
B2B Payments Deterioration Eyed For Asia
June 15, 2020  |  B2B Payments

For global traders, emphasis continues to be placed on the urgency for corporates in a strong financial position to support their supply chains through on-time...

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Invoice Bazaar Collaborates With RSA Global On Inventory Financing
Invoice Bazaar Collaborates With RSA Global On Inventory Financing
June 09, 2020  |  B2B Payments

To help companies obtain inventory financing for supplier payments, supply chain provider RSA Global has unveiled a partnership with small- to medium-sized business (SMB) financial...

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Fixing The UAE’s $46B Remittance Problem
Fixing The UAE’s $46B Remittance Problem
June 08, 2020  |  Smarter Payments

Cross-border payments are expected to hit $39 trillion by 2022, with $572 million worth of payments consisting of remittances sent from migrant workers to their...

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Survey: Three Quarters Of Dubai SMBs May Shutter By October
Survey: Three Quarters Of Dubai SMBs May Shutter By October
May 22, 2020  |  Economy

In what could be among the most devastating economic impacts of COVID-19 overseas, a survey revealed 75 percent of Dubai businesses said they expect to close within the...

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RAKBANK Partners With Mastercard For Commercial Card Solutions
RAKBANK Partners With Mastercard For Commercial Card Solutions
January 22, 2020  |  B2B Payments

National bank RAKBANK, headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions,...

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Edenred Fortifies UAE Position With Mint Payroll Cards Acquisition
Edenred Fortifies UAE Position With Mint Payroll Cards Acquisition
January 09, 2020  |  B2B Payments

Edenred is acquiring Mint’s payroll card portfolio to bolster its leadership in the United Arab Emirates (UAE), Edenred announced Thursday (Jan. 9). Mint is the...

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Mastercard Collab Enables WEX To Issue V-Cards In UAE
Mastercard Collab Enables WEX To Issue V-Cards In UAE
October 09, 2019  |  Partnerships / Acquisitions

Commercial payments company WEX has announced a collaboration with Mastercard that will allow the firm to issue virtual cards in the Middle East. In a...

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Qatar Accuses UAE Of False Foreign Exchange Deals To Harm Its Economy
Qatar Accuses UAE Of False Foreign Exchange Deals To Harm Its Economy
March 19, 2018  |  International

Qatar is asking U.S. regulators to look into the U.S. subsidiary of the largest bank in the United Arab Emirates, saying it has engaged in...

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