New Announcement – Al Dar Exchange and NymCard Sign Strategic Agreement to Advance Payment Innovation in Qatar

Doha, Qatar – 19 February, 2026Al Dar Exchange and NymCard have announced the signing of a strategic agreement aimed at advancing modern payment capabilities and supporting the continued evolution of payment services in Qatar.

The partnership brings together Al Dar Exchange’s strong presence in the Qatari market and NymCard’s payments infrastructure expertise, with a shared objective to enhance customer experiences, expand digital channels, and support new payment use cases aligned with market and regulatory expectations.

Through this collaboration, both organisations will work closely to develop scalable, future-ready payment capabilities that respond to changing customer behaviours while maintaining operational resilience and compliance.

“We are proud to partner with Al Dar Exchange on this strategic initiative, which reflects a shared focus on strengthening payment capabilities and supporting long-term innovation,” said Nabil Tabara, SVP – Strategic Partnerships at NymCard. “We look forward to working together as Al Dar  Exchange continues to enhance its offerings and adapt to the payments landscape in Qatar.”

“Partnering with NymCard represents an important step in our journey to enhance how we serve customers through more advanced, digitally enabled solutions,” said Dr. Mohamad Amgad Mousa, Deputy CEO at Al Dar Exchange. “This agreement allows us to strengthen our platform, introduce new capabilities, and continue delivering trusted services as customer expectations evolve.”

About NymCard

NymCard is a leading payments infrastructure company that provides the technology behind card issuing, payment processing, and money movement for financial institutions, fintechs, and enterprises across the CEMEA region.

About Al Dar Exchange

Al Dar Exchange is a leading exchange company in Qatar with 20 years of experience, serving individuals and businesses with trusted foreign exchange and remittance solutions. Driven by innovation and strategic partnerships with global payments infrastructure leaders, Al Dar is committed to delivering faster, more secure, and highly efficient digital financial services across Qatar.