To drive the future of finance, where services are seamlessly embedded, inclusive and connected, sparking innovation and fostering transparency
To set the global benchmark in powering next-gen financial services
Nebras is committed to leading the way in Open Finance by following a strategic development process that includes:
Defining the long-term goals and objectives of the Open Finance initiative.
Communicating the vision and strategy to stakeholders.
Engaging with stakeholders to gather feedback and ensure alignment.
Establishing the regulatory framework to support the initiative.
Identifying and prioritising the APIs to be developed and implemented.
Creating a comprehensive guide for implementing Open Finance in the UAE.
Building the necessary technical infrastructure to support the initiative.
Conducting pilot projects to test the implementation of the Open Finance platform and gather insights.
Continuously improving the platform and expanding its capabilities.
Nebras Board of Director’s Profiles
H.E. Saif Humaid Al Dhaheri is the Assistant Governor for Banking Operations and Support Services at the Central Bank of the UAE (CBUAE), and Chairman of the Board of Nebras.
H.E. Saif Humaid Al Dhaheri is the Assistant Governor for Banking Operations and Support Services at the Central Bank of the UAE (CBUAE), and Chairman of the Board of Nebras. H.E. Al Dhaheri plays a pivotal role in the nation's financial infrastructure. He chairs Al Etihad Payments and Oumolat Security Printing LLC and O & S Security Solutions LLC. His extensive involvement includes participation in the Digital Economy Council and the World Economic Forum's Central Bank Digital Currency Working Group.
Raheel Ahmed is the Group CEO of RAKBANK, where he spearheads the bank’s transformation into a digital-first, customer-centric organisation.
Raheel Ahmed is the Group CEO of RAKBANK, where he spearheads the bank’s transformation into a digital-first, customer-centric organisation. With over 30 years of international banking experience across Europe, Asia, the Middle East, and Africa, he has held senior leadership roles at Barclays, Standard Chartered, and Citigroup. Raheel is widely recognised for his expertise in driving innovation, inclusive finance, and sustainable growth across global markets. In addition to his role at RAKBANK, Raheel currently serves as a Board Member at RAK Insurance and has served as Chairman of the UBF Fintech Committee.
Adnan Anwar is the Chief Executive Officer of the National Bank of Fujairah (NBF), bringing over two decades of banking and financial leadership to the role.
Adnan Anwar is the Chief Executive Officer of the National Bank of Fujairah (NBF), bringing over two decades of banking and financial leadership to the role. Throughout his tenure, Adnan has played a key role in advancing NBF’s strategic agenda- particularly in driving digital transformation - to reinforce the bank’s position as a leader in the UAE’s banking sector. Prior to his appointment as CEO, Adnan served as Deputy Chief Executive Officer of NBF and as Chief Financial Officer. His long-standing leadership across multiple functions reflects a deep understanding of the organisation and a steadfast commitment to innovation, resilience, and sustainable growth.
AlTareq enables the initiation of a variety of payments with your explicit consent, including single instant payments, recurring transactions, bulk payments, future-dated transfers, and international payments. Your selected Licensed Financial Institution still makes the payment that can be initiated through the Third-Party Provider app or platform.
Yes, AlTareq supports international payments. With your explicit consent, Third-Party Providers can initiate cross-border payments from your account to a desired beneficiary abroad.
For multi-payment consents in AlTareq, you can define the maximum allowable payment values per transaction, cumulative transaction limits per day/month, and other limits on recurring payments. These controls ensure better financial management and fraud prevention.
