Articles with tag like: Abu Dhabi

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UAE rolls out AED 6 bln supply chain financing initiative

News | E-invoicing, SCF & E-procurement | 22 Jan 2021

The UAE has pledged to support small and medium enterprises (SMEs) across sectors with a AED 6 billion supply chain financing initiative, according to logisticsmiddleeast.com.

Abu Dhabi, SME, supply chain finance, SCF, initiative, Daman, Department of Finance, FAB, UAE

UAE launches supply chain finance program worth USD 1.6 bln

News | E-invoicing, SCF & E-procurement | 18 Jan 2021

Abu Dhabi Department of Finance has launched a supply chain financing initiative worth USD 1.6 billion to increase liquidity for small and medium-sized enterprises (SMEs).

Abu Dhabi, SCF, trade finance, SMEs, finances, COVID-19, First Abu Dhabi Bank, guarantee

Yas Theme Parks, CellPoint Digital partner to launch Alipay in UAE

News | Mobile Payments | 27 Aug 2020

CellPoint Digital has been selected by Yas Theme Parks in Abu Dhabi, UAE, to enable the use of Alipay as an online payment method.

CellPoint Digital, Yas Theme Parks, Abu Dhabi, UAE, Alipay, online payment method, alternative payment methods, China, mobile payment method, payment orchestration, Velocity, card schemes, acquirers, payment service providers, PSPs, Velocity Alternative Payment Hub, e-wallets, Google Pay

NymCard receives in-principle approval from FSRA

News | Cards | 18 Aug 2020

NymCard, an UAE-based card issuing and processing platform has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA).

Abu Dhabi, fintech, NymCard, cards, FSRA, UAE, in-principle approval, IPA, Financial Services Regulatory Authority, payments, currency, exchange, financial, Visa, MasterCard, Western Union

Mobile payment service PayBy ties up with uPay to extend its reach in UAE

News | Mobile Payments | 10 Jul 2020

UAE-based fintech PayBy is partnering with payments app uPay to expand its reach to more than 850 uPay self-serve kiosks across the UAE.

PayBy, UPay, mobile payments, UAE, United Arab Emirates, payment kiosk, Abu Dhabi, Dubai, ecommerce, online payments

Oman records Its first blockchain trade finance transaction

News | E-invoicing, SCF & E-procurement | 25 Nov 2019

According to the Oman Observer, Oman Oil and Orpic Group and HSBC Bank have entered into blockchain trade finance deal

Oman Oil, Orpic Group, HSBC Bank, blockchain trade finance deal, trade finance, distributed ledger technology, DLT, Middle East, Oman, Abu Dhabi, oil industry

Hong Kong Monetary Authority widens DLT use in Abu Dhabi trade finance

News | E-invoicing, SCF & E-procurement | 28 Jun 2018

Hong Kong Monetary Authority has announced it will work with regulators in Abu Dhabi on a cross-border trade finance system built on DLT technology.

Hong Kong Monetary Authority, distributed ledger technology, trade finance, DLT, Hong Kong, United Arab Emirates, Abu Dhabi