Partnership to jointly explore developing global TradeTech and FinTech solutions
AD Ports Group and MBME Group, a UAE provider of financial technology and digital services, signed a framework agreement to explore developing fintech and digital trade solutions for the Group.
Under the agreement, AD Ports Group and MBME Group will assess devising fintech and TradeTech solutions for local and international markets. The collaboration will initially focus on areas such as goods tracing, digital payments, compliance suites, e-signatures, onboarding and whistleblowing systems, among others.
AD Ports Group is a leading innovator in the ports, maritime, logistics, and economic development sectors, supported by its digital arm, Maqta Technologies, whose Advanced Trade and Logistics Platform (ATLP) and other solutions regulate maritime commerce in and out of Abu Dhabi, boosting efficiency, and saving time and carbon dioxide emissions.
Financial technology services
The collaboration will focus on identifying areas to deliver cutting-edge fintech and other solutions that align with AD Ports Group’s global trade and logistics operations, while advancing MBME Group’s mission to redefine financial technology services.
“The signing of this framework agreement demonstrates our continued commitment to driving digital transformation across the trade and logistics sectors,” commented Mohamed Jamal-Eddine, Group Chief Digital & Transformation Officer, AD Ports Group.
“We are uniquely positioned to create innovative fintech services that not only enhance operational efficiency but also contribute to the UAE’s leadership in global markets,” remarked Abdelhadi Mohamed, Managing Director and Group CEO, MBME Group.
By integrating advanced fintech and other solutions into AD Ports Group’s operations, the collaboration is designed to strengthen market offerings, enhance customer experiences, and open new opportunities in global markets, a press communication concluded.
