MBME GROUP Private Joint Stock Company

Logotype for MBME GROUP Private Joint Stock Company
Ticker/ISIN
MBME
AEE01201M235
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates

About MBME GROUP Private Joint Stock Company

MBME Group was established as the UAE’s first fully integrated online payment platform providing payment collection and aggregation services to UAE government entities, private sector businesses, and retail customers. MBME operates under the patronage of the Abu Dhabi Government. Since its inception, the Company invested significantly in developing and upgrading its payment platform and has now processed more than 90 million transactions, involving over 3.2 million customers of which more than 1.2 million are active users, with annual gross revenues of more than USD1 billion. MBME operates more than 4,000 touch points across all seven of the UAE’s Emirates (operated both directly and indirectly) and has developed more than 650+ application programming interfaces (“API”). The Company’s services are used by customers across multiple sectors of the economy including telecommunications, utilities, transport, government, gaming, entertainment, aviation, travel international money payments, and transfers

Latest Pressrelease Summaries from MBME GROUP Private Joint Stock Company

MBME Pay, a payment services provider and part of the MBME Group, has signed an agreement with the National Bank of Fujairah (NBF), a public joint stock company listed on the Abu Dhabi Securities Exchange since 2005. The National Bank of Fujairah operates in the banking sector with a focus on diversified banks. The agreement aims to leverage MBME Pay's digital solutions and omni-channel capabilities to reach a larger customer base and enhance service levels. This partnership is considered a significant step in the development of MBME Group.
MBME Pay Payment Services Provider, a subsidiary of MBME Group, has signed an agreement with Ruya Community Islamic Bank L.L.C., a digital-first Islamic bank in the UAE. The partnership aims to utilize digital services to enhance customer satisfaction and meet expectations while keeping up with digital advancements. This collaboration marks a significant step forward for MBME Group.
MBME Pay Payment Services Provider, part of the MBME Group, has signed an agreement with Abu Dhabi Islamic Bank (ADIB), one of the largest banks in the UAE. This partnership aims to leverage secure payment solutions and comprehensive channels provided by MBME to maintain high service levels and keep up with digital advancements. This collaboration marks a significant step in MBME Group's growth and is the beginning of more future projects.
The UAE Pro League, in partnership with MBME Group, has launched an AI-powered digital platform aimed at transforming engagement in football. This platform offers advanced features to personalize fan experiences, enhance club operations, and streamline management processes. Key components include Digital FanGate for tailored fan interactions, ProWare for digital content and educational resources, ProFlow for club management and analytics, and advanced payment solutions. Additionally, the platform includes e-commerce capabilities for club merchandise and tickets. This initiative aligns with the Pro League's strategy to integrate AI and digital advancements in football by 2030.
MBME Group P.J.S.C., based in Abu Dhabi, United Arab Emirates, has released the auditor's review report on its condensed interim financial information for the period ending June 30, 2024.
The General Assembly Meeting of M B M E GROUP P.J.S.C. was held on Thursday, April 4, 2024, at the company headquarters in Abu Dhabi. The meeting was chaired by H.E. Mr. Ali Mohamed Saeed Albadi Aldhaheri and attended by four board members. The total attendance was 88.86% of the capital. The meeting resulted in the approval of a 10% bonus shares dividends distribution and an amendment to the AOA to reflect the capital increase. The annual report on the company's activities and financial position for the financial year ended on 31 December 2023 was also approved. The external auditor's report and the financial statements and profit and loss account for the same financial year were discussed and approved.
MBME Pay Payment Services Provider, a subsidiary of MBME Group, has signed an agreement with Blue Rewards Single Person Company, part of Al-Futtaim Group. The partnership aims to leverage MBME's digitization services to enhance customer satisfaction and meet their needs. This move is part of MBME Group's expansion plan.
The text is an invitation to the Annual General Assembly meeting of the MBME Group P.J.S.C. The meeting is set to take place on Thursday, April 04, 2024, at 3:00 pm at the company headquarters or virtually for all shareholders. The invitation and the approved agenda for the General Assembly meeting are attached. The invitation is signed by Abdelhadi Mohamed, the MD & Group CEO. The MBME Group is based in Abu Dhabi, UAE.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME Pay Signing Agreement with National Bank of Fujairah PJSC (NBF)

MBME Pay, a payment services provider and part of the MBME Group, has signed an agreement with the National Bank of Fujairah (NBF), a public joint stock company listed on the Abu Dhabi Securities Exchange since 2005. The National Bank of Fujairah operates in the banking sector with a focus on diversified banks. The agreement aims to leverage MBME Pay's digital solutions and omni-channel capabilities to reach a larger customer base and enhance service levels. This partnership is considered a significant step in the development of MBME Group.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME Group Signing Services Agreement with Ruya Community Islamic Bank L.L.C.

MBME Pay Payment Services Provider, a subsidiary of MBME Group, has signed an agreement with Ruya Community Islamic Bank L.L.C., a digital-first Islamic bank in the UAE. The partnership aims to utilize digital services to enhance customer satisfaction and meet expectations while keeping up with digital advancements. This collaboration marks a significant step forward for MBME Group.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME Group Signing Services Agreement with Abu Dhabi Islamic Bank

MBME Pay Payment Services Provider, part of the MBME Group, has signed an agreement with Abu Dhabi Islamic Bank (ADIB), one of the largest banks in the UAE. This partnership aims to leverage secure payment solutions and comprehensive channels provided by MBME to maintain high service levels and keep up with digital advancements. This collaboration marks a significant step in MBME Group's growth and is the beginning of more future projects.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME GROUP Private Joint Stock Company General Press Release

The UAE Pro League, in partnership with MBME Group, has launched an AI-powered digital platform aimed at transforming engagement in football. This platform offers advanced features to personalize fan experiences, enhance club operations, and streamline management processes. Key components include Digital FanGate for tailored fan interactions, ProWare for digital content and educational resources, ProFlow for club management and analytics, and advanced payment solutions. Additionally, the platform includes e-commerce capabilities for club merchandise and tickets. This initiative aligns with the Pro League's strategy to integrate AI and digital advancements in football by 2030.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME GROUP Private Joint Stock Company Board Meeting Results held on 09/08/2024 at 15:30

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME GROUP Private Joint Stock Company Financial Results for the Period Ended June 30,2024

MBME Group P.J.S.C., based in Abu Dhabi, United Arab Emirates, has released the auditor's review report on its condensed interim financial information for the period ending June 30, 2024.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME GROUP Private Joint Stock Company Board Meeting Results held on 09/08/2024 at 15:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME GROUP Private Joint Stock Company Announcement of Board Meeting to be held on 09/08/2024 at 15:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME GROUP Private Joint Stock Company AGM Results held on 04/04/2024 at 15:00

The General Assembly Meeting of M B M E GROUP P.J.S.C. was held on Thursday, April 4, 2024, at the company headquarters in Abu Dhabi. The meeting was chaired by H.E. Mr. Ali Mohamed Saeed Albadi Aldhaheri and attended by four board members. The total attendance was 88.86% of the capital. The meeting resulted in the approval of a 10% bonus shares dividends distribution and an amendment to the AOA to reflect the capital increase. The annual report on the company's activities and financial position for the financial year ended on 31 December 2023 was also approved. The external auditor's report and the financial statements and profit and loss account for the same financial year were discussed and approved.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From MBME GROUP Private Joint Stock Company

Disclosures: MBME Signing Agreement with Blue Rewards

MBME Pay Payment Services Provider, a subsidiary of MBME Group, has signed an agreement with Blue Rewards Single Person Company, part of Al-Futtaim Group. The partnership aims to leverage MBME's digitization services to enhance customer satisfaction and meet their needs. This move is part of MBME Group's expansion plan.

1. Attached Document

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