Monday 22 December 2014
 
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Bahrain to roll out new electronic payment method

A new electronic payment method being made available to Bahrain's employers from next year has been welcomed by workers' rights activists. Introduced by the Labour Market Regulatory Authority (LMRA) in collaboration with MasterCar

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South Korea makes $500m oil payment to Iran

South Korea has transferred $500 million to Iran to pay for crude oil imports under an interim nuclear deal that provides limited relief from sanctions, two sources with direct knowledge of the matter said.   The

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Fawry rolls out electricity bill payment service in Egypt

Fawry, a leading electronic bill presentment and payment (EBPP) platform in Egypt, has rolled out its electricity bill payment service nationwide. Egypt’s electricity providers are part of the Fawry network now, allowing cus

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Dana Gas signs deal to recover $280m owed by Egypt

Dana Gas has signed a revised deal with Egypt that will help it to recover most of the $280 million it is owed by the government for exploration and production assets in the country, the UAE energy company said.  

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‘Over 25pc in UAE falling behind on debt payments’

More than a quarter of respondents polled recently by compareit4me.com, a UAE-based finance comparison website, have admitted to missing a payment or making a late payment on their existing loans. The online survey, conducted between Ju

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VeriFone, ITS unveils EMV-ready payment terminals in Saudi

VeriFone Systems has unveiled two Europay, Mastercard and Visa (EMV)-ready payment terminals from VX Evolution, its latest line of portable and countertop terminals, in the Saudi Arabia market with its partner International Turnkey Systems Group

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Taysir, NileIT in mobile payment solutions deal

Taysir Holding and NileIT have signed a deal to offer mobile payment solutions within Egypt and various foreign markets. The strategic partnership will support Taysir Holding’s mission o introduce the Mobile Payment Solution

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Visa unveils digital solutions for secure payments


Visa, the global leader in payments, has unveiled the Visa Digital Solutions, a suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables. Commerce initiated with mobile phones a

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India pays final tranche of oil dues to Iran

India paid a third and final instalment of $550 million to Iran on Thursday, three industry sources said, part of the frozen funds released to Tehran in the interim deal with world powers. &nb

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RSG launches ‘easy payment plan’ for Qasr Sabah

RSG International, a UAE-based real estate and property developer, has launched the ‘easy payment plan’ on its property Qasr Sabah as part of its Ramadan offer.  

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