Pakistani firm partners with UAE’s NymCard to promote fintech innovation in MENAP

The photo shows Shiraz Ali (L), CBO, NymCard and Ibrahim Amin, Chairman, Dellsons at the Dubai Fintech Summit. (Photo Courtesy: NymCard)
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Updated 15 May 2024
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Pakistani firm partners with UAE’s NymCard to promote fintech innovation in MENAP

  • Dellsons Associates is a Pakistani consultancy firm while Nymcard is a UAE-based financial services provider
  • Dellsons to act as a partner agent and refer new business opportunities to Nymcard, says press release

ISLAMABAD: Pakistani financial consultancy firm Dellsons Associates has partnered with NymCard, a leading financial services provider in the UAE, to promote innovation in the fintech landscape and empower businesses in Pakistan and the Middle East, Nymcard said on Wednesday. 

NymCard is a leading provider of end-to-end embedded finance solutions, simplifying payments with its modern platform since 2018. It empowers businesses of all sizes to launch new payment products quickly, including prepaid cards, multi-currency offerings and credit cards.

Dellsons Associates is a leading provider of strategic banking consultancy, training, conferences, event management, IT services, and more, its website says. 

The partnership between the two entities was signed at the Dubai Fintech Summit, a press statement from NymCard said, adding that the strategic alliance would synergize NymCard’s cutting-edge technology with Dellsons’ regional expertise and industry connections in the financial and banking sectors. 

“We are excited to partner with Dellsons Associates, believing the synergies from this collaboration would catalyze cross-regional expansion for both institutions,” Shiraz Ali, the chief business officer at NymCard, was quoted as saying in the press release. 

The press release said Dellsons would act as a partner agent and refer new business opportunities to NymCard, focusing on the fintech and banking sectors in the UAE and Pakistan. It said the partnership would create a powerful alliance to “revolutionize the financial services landscape.”

Dellsons Associates Chairman Ibrahim Amin said his firm was working in Pakistan and the Middle East to promote fintech innovation, financial inclusion, and digitization of cross-border channels of remittances to facilitate different states. 

“Our key objective is to bring social and economic development through technological solutions, collaborations with emerging players, and networking with communities in Pakistan, the UAE, and different countries of the Middle East and South Asia,” Amin was quoted as saying by the press release. 


Pakistan eyes enhancing mines, minerals cooperation with Saudi Arabia at Future Minerals Forum 2026

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Pakistan eyes enhancing mines, minerals cooperation with Saudi Arabia at Future Minerals Forum 2026

  • Pakistan’s Petroleum Minister Ali Pervaiz Malik meets Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef in Riyadh
  • Saudi minister offers to support Pakistan’s mining industry via Kingdom’s knowledge and expertise, says Pakistan’s petroleum ministry

ISLAMABAD: Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Arabia’s minister of industry and mineral resources at the Future Minerals Forum (FMF) in Riyadh on Monday, the Pakistani petroleum ministry said, during which both sides agreed to strengthen cooperation in the mines and minerals sector. 

Malik is leading the Pakistani delegation at the FMF 2026 summit in Riyadh. The Jan. 13-15 event is expected to attract around 20,000 representatives from governments, businesses, multilateral and non-governmental organizations, academic institutions and trade associations from more than 160 countries, organizers said. At least 13 public and private companies from Pakistan’s mines and mineral sector are participating in the event. 

“The minister held a meeting with Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef, during which both sides agreed to further strengthen bilateral cooperation in the minerals and mining sector,” the Pakistani petroleum ministry said in a statement. 

The ministry said Alkhorayef pointed out “vast opportunities” for cooperation between Pakistan and Saudi Arabia in the mineral sector, adding that the Kingdom would support the development of Pakistan’s mining industry through its knowledge and technical expertise. 

Malik said fertilizer production and medical devices manufacturing sectors also present important opportunities for joint ventures between Pakistan and Saudi Arabia.

In recent years, Saudi Arabia has positioned itself as a leader in the global minerals and energy sectors and accelerated investments in green technologies, sustainable mining practices and international collaborations that are shaping the future of the mines and mineral industry.

Pakistan organized a minerals summit in April 2025 which saw participation from major international companies including the Canada-based Barrick Gold and officials from the US, Saudi Arabia, China, Türkiye, UK, Azerbaijan and other nations. 

Islamabad also plans to organize a Pakistan Mineral Investment Forum this year to attract foreign investment in its mines and minerals sector. Pakistan lies in the middle of the mineral-rich geological zone, called the ‘Tethyan Belt,’ where one of the world’s largest copper-gold mines is currently under development at Reko Diq. 

This mine is expected to start production by 2028.