INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

SIB, Noqodi sign agreement

SIB says that the strategic partnership will help the bank in facilitating its customers access to digital solutions. (WAM)
  • This pact aims to improve digital and electronic payment offerings available to SIB's corporate and individual business customers.
  • SIB's business clients will gain access to a broader range of digital payment solutions for seamless fee payments across various products.

SHARJAH, UAE – Sharjah Islamic Bank (SIB) announced a strategic partnership with Noqodi, a leading financial technology company and payments gateway owned by Emaratech Group.

This collaboration aims to significantly improve the digital and electronic payment offerings available to SIB’s corporate and individual business customers.

The agreement was signed at SIB headquarters by Hakam Abu Zarour, Chief Operating Officer of SIB, and Zahi Kallab, General Manager of Noqodi, in the presence of senior representatives from both organizations.

Through this partnership, SIB’s business clients will gain access to a broader range of digital payment solutions for seamless fee payments across various services and products.

“This contributes to the continuous support of our customers to facilitate their access to innovative digital solutions and simplify their day-to-day commercial operations,” said Abu Zarour.

“We also aim to provide our customers with a wide array of fast and convenient payment options, which allow them to manage and track their payments with efficiency and ease, in collaboration with companies and platforms with high expertise and efficiency in this field,” he said.

“We at Noqodi are committed to crafting seamless digital payment experiences through strategic collaborations with banks. Our partnership with Sharjah Islamic Bank represents a significant step towards enhancing financial services for businesses,” Zahi Kallab said.