Pick-up in tourism in late 2020 also boosts volumes, says Network International
Network International
banking business
New CEO hired to lead UAE payments major Network International
Simon Haslam, currently group CEO, has decided to retire after 40 years in the financial services sector
Dubai Financial Market
Emirates NBD sells shares in UAE payments firm in $370m deal
Dubai’s biggest bank confirms sale of an aggregate of 52.6 million ordinary shares in Network International
digital payment service
UAE’s Network Int’l says net income up 5% as payments business grows
UAE-based payment solutions provider delivers 9.3% growth in the Middle East in the first six months of 2019
ATM network
Why the days of ‘cash is king’ are nearly over in the UAE
How digital payments are dethroning ‘cash is king’ mantra in the UAE
digital payment service
Network International listed on FSE 250 Index
Dubai-based payments processor raised $1.4bn from IPO in April
cashless payment
Lenders cut rates on Network’s $328m loan before London IPO
Network International’s share sale earlier this month was one of Europe’s biggest offering this year.
DFM
Three firms set to end 17-month IPO drought on Dubai’s DFM
Dubai Financial Market says companies are preparing initial public offerings for trading
digital payments
Dubai’s Network International jumps in early trading after $1.4bn London IPO
Based on the sale price, the company will have a market value of $2.85bn
digital payments
Network International IPO range values firm at up to $3bn
Network International will be the first company of scale to test investor appetite in Europe’s lacklustre IPO market
cashless payment
Mastercard to invest $300m in Network International’s planned London IPO
Network International and Mastercard will also team up to support the development of electronic payments in the Middle East and Africa
cashless payment
Cashing in: Network International CEO Simon Haslam
As UAE-based Network International announces plans for a hotly anticipated IPO, CEO Simon Haslam says the Middle East and Africa are about to catch up to the rest of the world when it comes to cashless payments
cashless payment
Network International confirms plans for London IPO
The payments solution provider plans to sell at least a 25% stake
cashless payment
UAE-based Network International plans London IPO
The payments solution provider plans to sell a 25% stake
cashless payment
UAE’s Network International ramps up business in Saudi Arabia
Last year, the company processed approximately 680 million transactions worth $36 billion
cashless payment
Middle East ‘ripe’ for transition to digital payments, says Network Int’l CEO
Network International processed approximately 680 million transactions across the Middle East and North Africa in 2018
digital payments
UAE payments firm launches new gateway to boost e-commerce confidence
Network International says new gateway will offer merchants and consumers a secure payment experience across both online and in-store channels