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EITC scores licenses for fintech services from UAE Central Bank

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TLDR:

  • EITC has received licenses from the Central Bank of the UAE to offer fintech services.
  • This milestone supports the UAE’s commitment to fostering innovation and financial inclusion.

Emirates Integrated Telecommunications Company (EITC) has obtained licenses from the Central Bank of the UAE to provide new digital financial services, positioning them at the forefront of the evolving fintech landscape in the region. This licensure will enable them to introduce innovative financial solutions that align with the evolving needs of customers in the digital era. EITC aims to empower individuals and businesses with convenient, secure, and efficient financial transactions, further enhancing the financial landscape of the UAE. This move aligns with the UAE’s ongoing initiatives to promote financial technology and ensure the country remains at the forefront of global fintech innovation.

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