All News and Announcements
UAE’s myZoi Launches Financially Inclusive Digital Wallet With “One-To-Many” Transfer Capabilities
The digital wallet promises to reduce remittance fees for underbanked employees in the UAE by enabling transfers to up to five people for the price of one.
EU and IFAD Launch New Initiative to Strengthen Financial Inclusion by Boosting Digital Remittances in Central Asia
This week IFAD launched the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.
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Kamel Pay and Mastercard Launch New Card Propositions to Drive Financial Inclusion in the UAE
The partnership will see the launch of two unique card products designed to meet the growing needs of businesses and underbanked individuals, supported by a feature-rich digital app powered by Mastercard’s secure, contactless payment technology.
Tajikistan: AFC Agriculture and Finance Consultants Supports Ministry of Finance to Manage a World Bank Grant
The grant aims to to strengthen the local economy and increase the revenue potential of small businesses and communities.
UAE Central Bank Extends Economic-Support Program Until Mid-2022
Banks can draw on the facility to provide new loans and financing to individuals, small and medium-sized enterprises, and other private corporates affected by the virus fallout.