Dubai, Singapore, Hong Kong; As Bank of Singapore intensifies its push in the ultra-high-net-worth (UHNW) segment, the Bank is appointing another veteran private banker to its senior leadership team covering its core markets. On 1 July 2026, Mr Lim Leong Guan will assume the role of Head of Private Banking, Middle East, South Asia & International. […]
ZagTrader Launches “Build on ZagTrader” Enabling Financial Institutions to Build Their Own Trading Experiences on Institutional Capital Markets Infrastructure
New initiative gives banks, brokers, fintechs, and asset managers API access, developer documentation, and client-accessible source code to build branded trading journeys on top of ZagTrader’s proven infrastructure layer. Dubai, June 10 – ZagTrader, the capital markets technology provider, today announced the launch of Build on ZagTrader, a strategic initiative that repositions ZagTrader as the […]
Bluefive Capital acquires 49% stake in LeasePlan Emirates
Solutions+, a Mubadala company, is the remaining shareholder with 51% Abu Dhabi, United Arab Emirates: BlueFive Capital, a global alternative investment platform, announced today through its BlueFive Reef PE Fund I, the completion of its acquisition of a 49% stake in LeasePlan Emirates from Ayvens, a global leader in sustainable mobility. Following the transaction, Solutions+, will […]
Uncovr Raises $7 Million Seed Round to Transform Surgical Documentation with AI
Uncovr, an AI-powered surgical intelligence startup founded by Moroccan entrepreneur Ines Iraki, has emerged from stealth with a $7 million seed funding round led by Index Ventures to modernize how surgical procedures are documented and analyzed. The round attracted participation from Seedcamp, Frst, No Label Ventures, and Entrepreneurs First, alongside prominent angel investors including Jean […]
DFM Recognised by Switzerland’s FINMA as a Foreign Trading Venue in a Drive to Expand International Market Access
As part of its ongoing efforts to broaden market accessibility for international investors, Dubai Financial Market (DFM) today announced that it has been granted recognition by the Swiss Financial Market Supervisory Authority (FINMA) as a foreign trading venue. The recognition spans two dimensions: it permits Swiss participants supervised by FINMA to gain direct access to […]
Blue Owl Capital Opens Abu Dhabi Office in ADGM, Strengthening Middle East Presence
NEW YORK and ABU DHABI, United Arab Emirates, Blue Owl Capital (“Blue Owl”) (NYSE: OWL) today announced the opening of its new office in ADGM, the international financial center strategically located in Abu Dhabi, the capital of the United Arab Emirates (UAE). The office opening strengthens Blue Owl’s global and regional footprint and underscores its long-term […]
UAE-based Algebra AI launches with $7mln round to bring AI operations to mid-market businesses
Dubai, United Arab Emirates: Algebra AI today announces its official launch, emerging from stealth with clients across the financial services, food and beverage, distribution and manufacturing sectors, and $7 million in financing from investors including Infinity Constellation, BECO Capital, Silicon Badia and Waseel Investments. The company was founded in partnership with its main investors and is […]
Telda and Mastercard introduce Egypt’s unified financial experience
Cairo, Egypt – Telda and Mastercard Egypt’s unified financial experience have joined forces to introduce a new integrated solution in Egypt, seamlessly connecting everyday payments and investment wallets within the Telda app, marking a major step toward a fully unified digital ecosystem. Leveraging Mastercard’s advanced technology, Telda is transforming financial services into an experience that is […]
AXON announces first digital-fiat currency orchestration ecosystem MENA
DUBAI, UAE – Despite significant advances in financial technology over the last decade, the movement of money remains fragmented. Global cross-border payment flows now exceed $200 trillion annually as indicated by the International Monetary Fund (IMF), while businesses collectively incur more than $250 billion in fees associated with international transactions. At the same time, access to credit remains uneven, settlement […]
UAE-based Zuvees raises $1.6 million to Scale its Global Gifting Platform
Zuvees, an AI-powered global gifting platform, has raised $1.6 million from IvyCap Ventures as part of its ongoing Series A funding round. The investment will support the company’s next phase of growth, including the expansion of its international footprint, enhancement of its AI-driven capabilities, and scaling of its gifting services for both businesses and consumers. Zuvees […]