United Arab Emirates, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of AED trading pairs, allowing users to trade supported digital assets directly using AED balances deposited via local UAE bank accounts. The new offering enables eligible users to trade in AED directly without first converting funds into another currency, simplifying access to digital […]
UAE – Dubai: Today, the XTB investment app launched emergency lock, a new security feature that helps clients protect their assets quickly. If a login looks suspicious or something feels off, clients can now block withdrawals, card payments, and asset sales with a single tap to keep their money safe. Financial scams and data breaches are […]
Abu Dhabi, UAE — Shorooq today announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched artificial intelligence company founded by AI pioneer Yann LeCun, alongside a global consortium of leading venture capital firms and technology investors. The round, one of the largest seed financings ever raised by […]
Dubai, UAE, TransFi, a global payments infrastructure and orchestration company focused on emerging markets, today announced that it has surpassed $1 billion in processed volume on its platform, marking a significant milestone in the company’s growth. The company also said it is set to achieve $5 billion processed transaction volume in the next 12 months, based on the current […]
Dubai, United Arab Emirates – Finastra, a global leader in financial services software, today announced its partnership with FraudAverse, a global leader in financial crime prevention and fraud detection. The collaboration brings an advanced, AI-driven fraud prevention solution to Finastra’s Financial Messaging customers, delivering real-time protection against emerging threats and reducing operational costs. “As payment volumes […]
Ébène, Mauritius – The Trade and Development Bank Group (TDB Group) is pleased to announce the successful conversion of its bilateral facility with Sumitomo Mitsui Banking Corporation (SMBC) into a Sustainability Linked Loan (SLL), the first of its kind to be received for TDB. The bilateral facility has been structured as an SLL effective 4 February 2026, […]
Dubai, United Arab Emirates – Rentify, a leading fintech and proptech innovator, today announced the launch of Rentify Pay, UAE’s first rent-native infrastructure layer. This launch marks a significant evolution from Rentify’s original “Rent Now, Pay Later” service, introducing a comprehensive platform that digitizes and streamlines the entire rental ecosystem for tenants, landlords, and property managers. […]
Alpha Wave’s investment portfolio includes leading AI companies such as SpaceX (Alpha Wave’s largest investment), Anthropic, OpenAI, Cerebras and others Judan investment to accelerate launch of Alpha Wave’s AI-native life insurance business Abu Dhabi, UAE: Judan Financial, a subsidiary of IHC, today announced its first strategic investment in US-based investment management firm Alpha Wave Global, […]
MANAMA, BAHRAIN – Flooss, Bahrain’s leading digital consumer-financing platform, today announced a strategic partnership with Optty, a global payments infrastructure provider, to expand the availability of Flooss’s digital financing solutions across merchant checkout experiences in the GCC. Founded in Bahrain by Fawaz Ghazal and Tariq Al Saffar, Flooss was established to address structural gaps in access to […]
Dubai – Immensa, a Dubai-born deep-tech company transforming how industrial spare parts are managed and produced through Digital Parts Passports, digital warehousing, and distributed manufacturing which includes 3D printing, has raised new funding to support its continued growth and international expansion ahead of its planned Series B round from Dubai Future District Fund (DFDF), Global Ventures, […]