MANAMA, Jan. 28 -- Bahrain-headquartered Arab Financial Services (AFS), a leading provider of digital payment solutions and a prominent fintech enabler across the Middle East and Africa, announced its strategic expansion into the United Arab Emirates (UAE). This move follows the successful acquisition of a Retail Payment Services License - Category II from the Central Bank of the UAE by Arab Financial Services L.L.C, allowing AFS to introduce a comprehensive suite of innovative and secure payment solutions tailored to the country's dynamic financial landscape.
"This license acquisition marks a pivotal juncture in our regional expansion strategy," Samer Soliman, CEO of AFS, said.
"We are excited to launch our innovative payment solutions...
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