With a reported valuation approaching $2 trillion. Dubai: SpaceX IPO strategic investment, anticipated public listing is shaping up to be more than another high-profile technology IPO. With a reported valuation approaching $2 trillion, the company’s expected Nasdaq debut could become a defining moment for investors seeking exposure to the infrastructure underpinning the next wave of […]
KPMG and Anthropic launch Global AI Alliance, bringing new capabilities to clients in Qatar
Anthropic names KPMG as a preferred consultant for Private Equity KPMG’s 276,000+ global workforce provided access to Claude. KPMG and Anthropic announced a global alliance, bringing Anthropic’s frontier AI directly into KPMG’s client delivery platform. The alliance will initially focus on tax clients and private equity firms, enabling clients to build agentic workflows in real […]
Bybit Giving Retail Investors Access to SpaceX IPO Through Tokenized Shares
Dubai, UAE – Cryptocurrency exchange Bybit has launched IPO Express, a new platform designed to provide retail investors with access to initial public offerings (IPOs) at the offer price through tokenized shares, with SpaceX becoming the first company available on the platform. The new service is powered by xStocks, a tokenization framework operated by Payward, […]
Payment Companies in the GCC: Who Is Shaping the Merchant Acquiring and Digital Payment Infrastructure Landscape?
From Bahrain and the UAE to Saudi Arabia and Oman, how Gulf payment companies have helped build the merchant acquiring, POS, and payment gateway ecosystems that support today’s digital economy. Over the past decades, the Gulf Cooperation Council (GCC) has experienced significant growth in digital payments, driven by economic expansion, e-commerce adoption, and the region’s […]
Edafa Venture Acquires AI Startups Kuadra and IRRI Vision In six-figure deals
Cairo, Egypt – Edafa Venture has announced the acquisition of two artificial intelligence startups operating in the construction and healthcare sectors during the AI Everything Middle East & Africa – Egypt exhibition, organized by GITEX Global in Cairo on February 11–12, 2026. The six-figure dollar acquisitions were among the most significant investment deals unveiled during […]
Chainberg Secures In-Principle VARA Approval, Steps Closer Towards Full VASP Custody Licence
Dubai, UAE, June 4th, 2026: Chainberg, the institutional custody arm of global digital asset platform Liminal, obtains IPA, paving the way for obtaining a full VASP License from VARA in Dubai. Chainberg, an institutional-grade digital asset custody platform, has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA), the penultimate milestone before full authorisation as a […]
MBRIF partners with Numou to expand financing pathways for innovation-led businesses in the UAE
Abu Dhabi, UAE – The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE, has signed a partnership with Numou, a subsidiary of the international financial centre of Abu Dhabi, ADGM, to expand financing pathways for innovative businesses supported by MBRIF and further strengthen […]
Vantage Markets Strengthens UAE and MENA Market Engagement with Trust Led Regional Strategy
Dubai, UAE, June 5, 2026 — Vantage Markets today announced a strengthened UAE and MENA market engagement strategy, outlining a trust led regional direction focused on transparency, trader education, responsible market access and long-term participation in one of the world’s fastest evolving financial hubs. “The UAE is one of the world’s most forward looking financial […]
Revolut Co-Founder to Step Down as CTO
5 June 2026, Dubai – Revolut has today announced that Co-founder Vlad Yatsenko has decided to transition from Chief Technology Officer (CTO) into a Non-Executive Director (NED) capacity on the Board, effective 1st July 2026. In this ongoing role, he will continue to lend his expertise to the company. This transition follows over a decade […]
Russia’s Sberbank Sees UAE as Strategic Hub for AI, Fintech and Technology Cooperation
On the sidelines of the St. Petersburg International Economic Forum (SPIEF), First Deputy Chairman of the Executive Board of Sberbank Alexander Vedyakhin stated that the UAE is a key partner for Sber in the Middle East. The country is seen not only as an important economic player but also as a key platform for technological […]