"MBME" and "Coomera" They sign a cooperation agreement to expand digital financial solutions in the UAE
ABU DHABI, 7 APRIL / WAM / MBME Group, based in the UAE and working in the field of technology solutions and digital transformation, announced the signing of a strategic cooperation agreement with Comera Financial Holdings, a subsidiary of the Royal Group in Abu Dhabi, with the aim of exploring joint strategic opportunities in the fields of digital payments, financial services, and integrated trade solutions within the United Arab Emirates.
Under this partnership, merchants within the MBME network will gain access to Comera’s integrated product suite, which includes POS devices, SoftPOS, payment gateway, QR code payments, payment links, as well as business financing solutions, including working capital solutions, invoice discounting and cash merchant financing.
The collaboration combines the well-established digital infrastructure and broad reach of MBME Group with the financial services ecosystem of Coomera Financial Holdings.
The common goal is to identify areas of cooperation that enhance customers’ access to services, ease of use, and innovation in them, while adhering to the regulatory frameworks in force in the UAE. The two parties will evaluate business, consumer and merchant use cases, including digital wallet services, accepting payments, and providing access to regulated financial services via the MBME network.
Within the framework of this cooperation, Comera Pay, which is regulated by the Central Bank of the United Arab Emirates and affiliated with the Comera Financial Holding System, will study the possibility of providing investment services in digital gold through technical linkage with MBME, allowing users to buy, sell and hold gold directly within the Comera Pay application, supported by a secure infrastructure, instant pricing, and seamless liquidity.
Abdul Hadi Mohammed, Managing Director and CEO of MBME Group, said: Our cooperation with Comera Financial Holding allows us to explore new opportunities to expand access to digital payments and empower merchants across the UAE.
For his part, Akhtar Saeed Hashmi, Managing Director and CEO of Comera Financial Holding Group, said: This cooperation with MBME Group reflects our commitment to building responsible, regulated, and future-proof financial services that contribute to improving daily payment experiences.
This cooperation reflects the two institutions’ alignment with the UAE’s vision for digital transformation and financial innovation, with all initiatives subject to regulatory approvals and applicable legal requirements.
The signing of the agreement comes at a time when digital payments between entities, companies and institutions in the UAE continue to grow since the beginning of 2026, driven by the high demand for financial and technical solutions that contribute to accelerating business, enhancing transparency and efficient cash flow management.
According to the latest data from the Central Bank of the United Arab Emirates for January 2026, the value of transfers between banks increased to 864.57 billion dirhams, compared to 677.65 billion dirhams in January 2025, an annual growth of 27.6%.
Customer transfers increased to 125.19 billion dirhams, compared to 118.48 billion dirhams in the same month last year, an increase of 5.7%. Thus, the total transfers through the local system rose to about 989.76 billion dirhams, compared to 796.13 billion dirhams a year ago, achieving an annual growth of 24.3% in an indicator that reflects the expanding reliance on payment channels and digital financial services in the UAE market.
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