Browsing: UAE digital transformation

The Central Bank of the United Arab Emirates (CBUAE) has revealed plans to introduce a retail central bank digital currency (CBDC), known as the digital dirham, in the final quarter of 2025.

Arcapita Group Holdings and Dgpays have formed a consortium to acquire a majority stake in Neopay, a fast-growing payment solutions provider in the UAE. Neopay was originally launched as a strategic division of Mashreq but has quickly become a major player in the digital payments sector.