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UAE merger to create fintech behemoth

Gulf News

|

July 11, 2025

The largest digital payments company in the Middle East, Dubai-based Network International, and Abu Dhabi’s Magnati, received regulatory approvals for their plans to merge.

- BY JUSTIN VARGHESE Your Money Editor

This strategic consolidation will form a single entity, owned by a Brookfield-led consortium, with the merger process anticipated to conclude during Q3-2025.

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The General Directorate of Identity and Foreigners Affairs (GDRFA) — Dubai has achieved a global milestone by obtaining ISO/IEC 42001:2023 certification for its Artificial Intelligence Management System.

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UAE residents thrilled and also hopeful as they bid farewell to 2025

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Fog cripples Delhi-NCR, grounds dozens of flights

78 arrivals and 70 departures cancelled as airport activates CAT III protocols

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Pakistan enters 2026 as 5th most populous country

Pakistan is entering 2026 as the world’s fifth-most populous country, with its population surpassing 225 million, according to the United Nations Population Fund (UNFPA).

time to read

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