Latest news with #SaifAlDhaheri
Arabian Business
15-04-2025
- Business
- Arabian Business
Al Etihad Payments signs global co-badging deals for Jaywan cards with major payment giants
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), announced the signing of strategic co-badging agreements with leading international card schemes, including Discover, Mastercard, UnionPay and Visa. The agreements are aimed at enhancing the usage of Jaywan, the UAE's domestic card scheme, by enabling international transactions while ensuring a strong and efficient domestic payment network. Strategic co-badging partnerships announced The tie-up with international card issuing companies will provide Jaywan cardholders the flexibility to transact worldwide, leveraging the reach of their payment networks. Within the UAE, Jaywan transactions will continue to be processed securely through UAESWITCH, maintaining a high standard of reliability and performance, Al Etihad Payments said. Saif Al Dhaheri, Chairman of Al Etihad Payments, said the company is leveraging advanced technology and strategic partnerships to create a secure and efficient payment ecosystem that aligns with the nation's vision for innovation and financial empowerment. Al Etihad Payments said Jaywan will introduce debit and prepaid co-badged cards for everyday transactions, salary disbursements, and secure cross-border payments. UAE financial institutions will begin issuing Jaywan co-badged cards from H2 of 2025, it said.
Khaleej Times
14-04-2025
- Business
- Khaleej Times
Al Etihad Payments signs Jaywan co-badging agreements with international card schemes
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the signing of strategic co-badging agreements with leading international card schemes, including Discover Mastercard, UnionPay and Visa. These agreements enhance Jaywan, the UAE's Domestic Card Scheme, by enabling international transactions while ensuring a strong and efficient domestic payment network. With these partnerships, Jaywan cardholders will have the flexibility to transact worldwide, leveraging the global reach of leading international payment networks. Within the UAE, transactions will continue to be processed securely through UAESWITCH, maintaining a high standard of reliability and performance. Saif Al Dhaheri, Chairman of Al Etihad Payments, said: 'Jaywan is a key step toward strengthening the UAE's financial infrastructure, offering a locally rooted payment solution that supports economic growth and digital transformation. We are leveraging advanced technology and strategic partnerships, and we are creating a secure, and efficient payment ecosystem that aligns with the nation's vision for innovation and financial empowerment.' Jaywan will introduce debit and prepaid co-badged cards for everyday transactions, salary disbursements, and secure cross-border payments. UAE financial institutions will begin issuing Jaywan co-badged cards from H2 of 2025. Jaywan co-badge cards will provide international acceptance, and cardholders can use their cards abroad, ensuring that travel and cross-border payments remain seamless. These partnerships enhance Jaywan's usability by extending its reach to international merchants, ATMs, and online payment platforms, allowing users to transact effortlessly both in the UAE and beyond.
Yahoo
14-04-2025
- Business
- Yahoo
Al Etihad Payments enters co-badging agreements on card schemes
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has signed co-badging agreements with global card schemes, including Discover, Mastercard, UnionPay, and Visa. These partnerships aim to enhance Jaywan, the UAE's Domestic Card Scheme, by enabling international transactions while maintaining an efficient domestic payment network. The agreements will allow Jaywan cardholders to transact worldwide, tapping into the networks of these international payment providers. Within the UAE, transactions will continue to be processed through UAESWITCH. Jaywan will introduce debit and prepaid co-badged cards, which will be used for everyday transactions, salary disbursements, and cross-border payments. UAE financial institutions are expected to start issuing these co-badged cards from the second half of 2025. The co-badge cards will offer international acceptance, allowing cardholders to use their cards abroad for cross-border payments. The move is expected to enhance Jaywan's usability by extending its reach to international merchants, ATMs, and online payment platforms. Al Etihad Payments chairman Saif Al Dhaheri said: 'Jaywan is a key step toward strengthening the UAE's financial infrastructure, offering a locally rooted payment solution that supports economic growth and digital transformation." Last month, Al Etihad also entered agreement with UnionPay International to introduce co-badge cards in the UAE that feature the logos of both Jaywan and UnionPay. These cards will operate on Jaywan's domestic payment network for local transactions while providing access to UnionPay's global network, which spans over 180 countries and regions. "Al Etihad Payments enters co-badging agreements on card schemes " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Zawya
14-04-2025
- Business
- Zawya
Al Etihad Payments signs Jaywan co-badging agreements with international card schemes
UAE financial institutions will begin issuing Jaywan co-badged cards from H2 of 2025 Abu Dhabi – Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the signing of strategic co-badging agreements with leading international card schemes, including Discover®️, Mastercard, UnionPay and Visa. These agreements enhance Jaywan, the UAE's Domestic Card Scheme, by enabling international transactions while ensuring a strong and efficient domestic payment network. With these partnerships, Jaywan cardholders will have the flexibility to transact worldwide, leveraging the global reach of leading international payment networks. Within the UAE, transactions will continue to be processed securely through UAESWITCH, maintaining a high standard of reliability and performance. Saif Al Dhaheri, Chairman of Al Etihad Payments, said: 'Jaywan is a key step toward strengthening the UAE's financial infrastructure, offering a locally rooted payment solution that supports economic growth and digital transformation. We are leveraging advanced technology and strategic partnerships, and we are creating a secure, and efficient payment ecosystem that aligns with the nation's vision for innovation and financial empowerment.' Jaywan will introduce debit and prepaid co-badged cards for everyday transactions, salary disbursements, and secure cross-border payments. UAE financial institutions will begin issuing Jaywan co-badged cards from H2 of 2025. Jaywan co-badge cards will provide international acceptance, and cardholders can use their cards abroad, ensuring that travel and cross-border payments remain seamless. These partnerships enhance Jaywan's usability by extending its reach to international merchants, ATMs, and online payment platforms, allowing users to transact effortlessly both in the UAE and beyond. About Al Etihad Payments Al Etihad Payments (AEP), as the national payments entity in the UAE, plays a crucial role in developing and operating the best-in-class national payments infrastructure. Driven by a mission to support the government's vision of a society less reliant on cash and national digitization, AEP strategically positions itself to provide innovative and interoperable payment solutions, enable financial institutions to enhance customer experience, and fortify a robust, efficient, and secure financial market infrastructure for the UAE. For more information, please visit Al Etihad Payments website: Media Contact Jensen Matthews PR on behalf of Al Etihad Payments Loredana Matei loredana@
The National
08-04-2025
- The National
UAE predicts massive increase in police and rescue drones by 2028
From using drones to help extinguish fires and searching for people trapped under rubble in disaster areas to sonar scanners that pinpoint bodies underwater, the UAE is embracing emerging technology in its crisis response efforts. The Emirates is stepping up its use of AI to help improve its response to emergencies, while the use of drones in the sector is also expected to increase significantly across the world, a senior figure from the National Emergency Crisis and Disaster Management Authority (Ncema) said. Dr Saif Al Dhaheri, director of the National Operations Centre at Ncema, was speaking at the World Crisis and Emergency Management Summit in Abu Dhabi, which began on Tuesday. 'Drone usage in disaster response is expected to increase twenty-fold by 2028, while 70 per cent of emergency decisions will be AI-supported by 2030,' he said, referring to the use of technology in global search and rescue efforts. Delegates from 30 countries were taking part in the summit, which brings together decision-makers and experts on search and rescue efforts on how best to respond to emergencies. 'The summit is an international hub to shape the future and strengthen international co-operation,' said Sheikh Nahyan bin Mubarak, Minister of Tolerance and Coexistence, in a speech on Tuesday. 'The discussions in the summit will inspire new ideas for helping our emergency systems to support safety and stability in our societies. 'This summit is a testament to a scientific vision for a United Arab Emirates that is committed to saving lives and preserving communities, not only in this country but also in the region and the world.' This year's summit, held at Adnec, focuses on global resilience, strategic foresight and enhancing partnerships among governments, international organisations and the private sector. Technology used by emergency response teams in the UAE was showcased on the opening day. Dubai Civil Defence exhibited its latest drone, Shaheen, an AI-powered, aerial firefighting system designed to handle blazes in high-rise buildings. Brig Suleiman Al Bloushi, director of the technical affairs department, told The National the drone has already been used this year to put out fires. 'The drone soars to a height of 200 metres, equivalent to 35 floors, in a few seconds,' Brig Al Bloushi said. 'It helps to extinguish fires in balconies and cladding. It is able to spray a mix of water and foam up to 25 metres from its 1,000-litre tank." The Ministry of Civil Defence presented the AquaEye sonar device that can search for bodies underwater. The hand-held gadget uses AI to search depths further than were previously possible. 'The device can identify if there is a dead body under the water,' a representative from the ministry told The National. "It can scan one acre in less than two minutes." Dubai Police showcased technology that played a vital role in helping find survivors in the earthquake that shook Syria and Turkey in February 2023. One of the devices on display works by being placed on rubble and making thermal scans to detect signs of life. Another device, called the Life Detector, can also be placed on rubble to detect any noise made by somebody trapped under the debris of a collapsed building. The UAE has helped with a number of high-profile search and rescue operations overseas. On Sunday, The National reported how a team from the Emirates had been praised for its efforts in helping with the response to the earthquake in Myanmar late last month. The Myanmar government on Sunday honoured the UAE search and rescue team in a ceremony hosted by Dr Soe Win, the country's Minister of Social Welfare. The emergency team was directed to provide support by President Sheikh Mohamed.
