Mastercard Evaluates Sale of Vocalink to UK Banks
Mastercard is considering selling Vocalink back to UK banks, a move that could reshape the payments landscape and impact MENA fintech.
ECB Selects 36 Payment Service Providers for Digital Euro Pilot Phase
The ECB has chosen 36 PSPs for the digital euro pilot, marking a significant step in digital currency development and its implications for MENA fintech.
PIF and I Squared Capital Forge $2B Infrastructure Deal
Saudi Arabia’s Public Investment Fund has signed a memorandum of understanding with I Squared Capital to explore investment opportunities worth up to $2 billion. This partnership is part of PIF’s strategy to diversify its investment portfolio and strengthen international collaborations, aligning with Saudi Arabia’s Vision 2030 initiative. The deal is expected to enhance infrastructure investments in the region, potentially boosting economic growth and attracting further foreign investments.
UAE Warns of Fake Car Insurance Scams on Social Media
The UAE Ministry has issued a warning about the prevalence of fake car insurance policies being sold online, particularly through social media platforms. This alert is part of ongoing efforts to protect consumers from scams in the digital space. As fraud tactics evolve, increased public awareness and potential regulatory measures will be crucial in combating online insurance fraud.
Abu Dhabi Sees 21% Rise in Economic Licenses, 261% in Freelance Permits
Abu Dhabi has reported a 21% increase in new economic licenses and a staggering 261% surge in freelance permits in Q1 2026. This growth reflects strong investor demand and a shift towards more flexible work arrangements in the region. Moving forward, stakeholders should monitor the evolving regulatory environment and its potential impact on job markets and economic diversification strategies.
Sony Bank Secures US Approval for Stablecoin Trust Bank
Sony Bank has received conditional approval from the OCC to establish a stablecoin trust bank in the US, marking a significant step in digital asset services.
HSBC’s Insights on Tokenisation: Transforming MENA’s Corporate Treasury Operations
HSBC’s Sovon Chatterjee discusses tokenised deposits and their impact on corporate treasury operations in MENA.
Aria Secures €7 Million and Launches €240 Million Debt Facility for Invoice Financing Expansion
Aria raises €7 million and launches a €240 million debt facility to enhance its invoice financing capacity, announced on July 9, 2026.
Vodafone Oman Strengthens Business Ties in North Al Batinah
Vodafone Oman enhances engagement with local businesses in North Al Batinah, focusing on growth and digital adoption to boost competitiveness.
Visa Study Reveals Early AI Adopters Will Lead European Banking by 2030
Visa’s survey reveals AI will reshape banking by 2030, with early adopters set to lead. Insights for MENA banks included.