Pakistan’s ABHI, UAE’s Al Fardan Exchange launch salary advance service for migrant workers

The picture released on October 21, 2025, shows co-founder and CEO of Abhi Middle East Limited, Omar Ansari (right) and CEO of Al Fardan Exchange, Hasan Fardan Al Fardan, signing agreement to launch salary advance service for migrant workers in Abu Dhabi, UAE. (OGZ Digital)
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Updated 21 October 2025
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Pakistan’s ABHI, UAE’s Al Fardan Exchange launch salary advance service for migrant workers

  • New initiative lets UAE Wages Protection System customers access up to 50 percent of earned income
  • Fintech-exchange partnership aims to promote financial inclusion for underbanked expat workers

KARACHI: Pakistan-origin fintech ABHI has partnered with the UAE’s Al Fardan Exchange to launch a salary-advance service that allows migrant workers to access up to half of their earned income before payday in a move designed to improve cash-flow flexibility for millions of expatriates, the companies said on Tuesday. 

The collaboration, the first of its kind between a Pakistani fintech and a UAE exchange house, seeks to boost financial inclusion across the Gulf by offering underbanked and unbanked workers digital access to short-term liquidity. The service, available through AlfaPay, Al Fardan Exchange’s app and its network of more than 90 branches, combines ABHI’s earned-wage-access technology with Al Fardan’s long-established remittance infrastructure.

ABHI, founded in 2021 and backed by Hub71 and the Abu Dhabi Investment Office (ADIO), operates across the GCC and has processed more than $500 million in transactions through partnerships with over 5,000 companies. 

“The launch of Salary Advance is a milestone in our mission to champion financial inclusion and deliver solutions that truly make a positive impact on people’s lives,” said Hasan Fardan Al Fardan, CEO of Al Fardan Exchange. “By giving customers the ability to access their wages early, we are empowering them with financial flexibility and the means to support their families anytime.”

Omar Ansari, Co-founder and CEO of Abhi Middle East Limited, added: “This partnership with Al Fardan Exchange is not just a partnership but a transformation in how workers experience financial autonomy. By becoming the first exchange in the UAE to go live with ABHI’s earned-wage-access, we are redefining the way income and remittances work for millions of expatriates.”

Together, the two companies say the initiative will reshape how low-income earners manage wages and remittances, strengthening household resilience and setting a benchmark for inclusive, technology-driven financial services across the region.

With around 1.8 million Pakistani expatriates living and working in the UAE — one of the largest expat communities in the Gulf — the new salary advance program could bring significant benefits. 

Many of these workers are employed in low- and middle-income sectors and rely on monthly remittances to support families back home. By giving them access to earned wages before payday, the initiative is expected to reduce reliance on informal borrowing, prevent debt cycles, and enable more timely remittances to Pakistan, where foreign inflows from overseas workers are a crucial source of national income.


Pakistani students recount perilous journey home from Iran as Middle East conflict escalates

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Pakistani students recount perilous journey home from Iran as Middle East conflict escalates

  • 792 Pakistanis repatriated via land and air corridors, officials say
  • Many evacuees are students enrolled in Iranian universities

ISLAMABAD: Hundreds of Pakistani students are fleeing Iran this week as escalating hostilities in the Middle East spill across key population centers, forcing them to abandon studies and undertake perilous overland journeys back home.

Iran has been rocked since last week by joint US and Israeli strikes that killed Supreme Leader Ayatollah Ali Khamenei, followed by retaliatory missile attacks targeting American military bases across the Gulf region. The escalation has disrupted air travel, heightened military activity along Iran’s southern coastline and turned strategic locations such as Bandar Abbas, near the Strait of Hormuz through which roughly 20 percent of global oil supplies pass, into flashpoints.

Among those returning is Misbah Hussain, a 22-year-old medical student from Pakistan’s coastal district of Badin in Sindh province. Her education in Iran’s Hormozgan province, which borders the Strait of Hormuz, was abruptly cut short by missile strikes near her university hostel.

“I cannot put those scenes into words,” said Hussain, describing the attacks near her hostel at the Hormozgan University of Medical Sciences in the Iranian coastal city of Bandar Abbas.

She said she had traveled by road from Bandar Abbas to the Pakistan-Iran border, changing three to four different cabs along the way as the security situation deteriorated. After crossing into Pakistan, she continued her journey to Karachi via the coastal highway in a vehicle arranged by the local administration, before heading onward to her hometown of Badin, where, she said, her family would witness her “second life.”

“Missiles landed a short distance from where we were staying,” she said, “and continued during our journey back. We could see missiles hitting along the way. There were moments when we felt we might not survive.”

Bandar Abbas, Iran’s main southern port, has seen intensified military activity in recent days as regional airspace remains largely restricted. Students described sirens, outgoing missile launches and the constant fear of further escalation.

“I had gone there 13 days ago, and the conditions worsened,” Hussain added, noting that examinations were abruptly canceled as students fled the city.

The students’ journey home has proved arduous. From Bandar Abbas, they traveled east through Iran’s Sistan-Baluchestan province toward the Gabd-Rimdan border crossing into Pakistan’s southwestern province of Balochistan. The route, normally a commercial corridor, has become a critical evacuation pathway for the roughly 35,000 Pakistanis currently residing in Iran, according to officials.

Nazir Hussain, another student at the university, described a chaotic departure marked by transport shortages and inflated fares.

“We left Iran under extreme fear,” Nazir told Arab News over the phone as he neared his home city of Hyderabad. “Transport was unreliable, drivers exploited the situation by charging excessive fares. At every stage, we felt uncertain and unsafe.”

The overland journey to the Gabd border spans nearly 800 kilometers (about 497 miles) from Bandar Abbas. Students said they could not wait for formal evacuation arrangements.

“We couldn’t wait for the government help to arrive. We just left a warzone, and this is what we could do, but the journey was extremely painful,” Nazir said.

After crossing into Pakistan, many students were assisted by local authorities in Gwadar before undertaking another nearly 700-kilometer (435-mile) journey to major cities such as Karachi and Hyderabad.

Speaking at a press conference, Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar said on Tuesday a 24-hour crisis management unit has been activated to assist Pakistani nationals across the Gulf, where an estimated 4.5 million Pakistanis live and work.

According to government figures, 792 Pakistanis have been repatriated from Iran so far, including 650 who crossed through the Gabd-Rimdan and Taftan border crossings in the past 48 hours. A significant number of those returning are students enrolled in Iranian universities.

“The safety of Pakistanis abroad and the sovereignty of Pakistan remain our foremost priorities,” Dar told reporters in Islamabad, adding that Azerbaijan has been designated as an additional evacuation base for Pakistanis in northern Iran.

Despite official assurances that authorities are working “round the clock,” some students say support on the ground has been limited.

“Assistance with transport and communication could make an enormous difference for students stranded in dangerous situations,” Nazir said. “But, unfortunately, in our case it didn’t exist.”

Officials estimate that around 3,000 Pakistani students remain in Iran. With airspace disruptions and ongoing hostilities, many face the difficult decision of staying in a volatile environment or risking long overland travel to reach safety.

“We had only heard about death before,” student Misbah Hussain said. “This time we saw it with our own eyes.”