MBME GROUP Private Joint Stock Company
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Latest Pressrelease Summaries from MBME GROUP Private Joint Stock Company
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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.