Is MBME Group a public company?

Written by Admin | Last Updated: July 2026

MBME Group operates as a prominent financial services and technology provider based in the United Arab Emirates, functioning as an integrated enterprise with public joint-stock company structures. The organization manages extensive digital payment gateways, self-service kiosks, and financial technology infrastructure across the region, catering to both government and private sector clients.

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Seifollah (Seifi) Ghasemi, who served as CEO for over 10 years, was not ousted but rather left the company following a planned leadership transition. The Board of Directors appointed Eduardo F. Menezes as the new CEO effective February 7, 2025.

MBME Pay utilizes robust data encryption, secure application programming interfaces, and strict regulatory compliance standards to protect user transactions across its self-service kiosks and digital payment applications.