March 26th, 2026 - 12:50 GMT
Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed following all required approvals from the Central Bank of the UAE. As part of the partnership, Network will provide its state-of-the-art payment solutions to serve RAKBANK’s customers across SMEs and large corporates, furthering strengthening its position in the region’s rapidly growing payments and fintech ecosystem. Network will also offer innovative value-added services, reinforcing the commitment to empower the SME ecosystem and support the UAE’s Digital ...