Abu Dhabi – Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that global healthcare technology company CorroHealth has made a strategic investment into one of its portfolio companies, Santechture, a Dubai based pioneering revenue cycle management (RCM) intelligent technology solutions provider. The deal brings together […]
Mashreq launches NEO PLUS Saver Account for salary and non-salary customers in the UAE
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access. Through the new account salary customers can earn 6.25% interest per annum in addition to a […]
Leonteq partners with Emirates Islamic for Shari’a-compliant structured products
Leonteq announced today that it has initiated a new partnership with Emirates Islamic, one of the leading financial institutions in the United Arab Emirates (UAE), for the manufacturing and distribution of Shari’a-compliant structured products. Building on its strategic expansion into the Gulf region, Leonteq launched a Shari’a-compliant trust certificate issuance programme (the Programme) in 2022 […]
SCA and The Blockchain Center Partners to Advance UAE’s Digital Asset Ecosystem
Abu Dhabi, UAE — In a significant move to solidify the UAE’s position as a global leader in blockchain innovation and digital assets, the Securities and Commodities Authority (SCA) has signed a Memorandum of Understanding (MoU) with The Blockchain Center (ADBC). The MoU was signed by H.E. Waleed Saeed Al Awadhi, CEO of the SCA, and […]
EDGE and FAB sign strategic agreement to build a resilient financial ecosystem
EDGE will leverage FAB’s Supply Chain Finance (SCF) solution for innovative financing opportunities at all stages of EDGE’s supply chain, while the AI-powered Treasury Management System (TMS) will automate treasury operations. Abu Dhabi, UAE: EDGE Group, one of the world’s leading advanced technology and defence groups, has entered a strategic partnership with First Abu Dhabi Bank […]
GetTransfer.com Joins Mastercard Business Bonus Program
GetTransfer.com is excited to announce that it is now available through the Mastercard Business Bonus program, unlocking benefits for both its new and returning small business users across Europe. The Mastercard Business Bonus program is designed to help small and medium-sized businesses save money and benefit from innovative resources and digital tools. Now, as a […]
BankDhofar unveils ‘Laha’ – A motor insurance solution designed exclusively for women
This launch underscores BankDhofar’s commitment to innovation, inclusivity, and customer-centric financial services. MUSCAT: BankDhofar, Oman’s second-largest bank by branch network, has introduced ‘Laha’, a unique motor insurance product created exclusively for women. This launch underscores BankDhofar’s commitment to innovation, inclusivity, and customer-centric financial services. Developed in partnership with Dhofar Insurance, one of the largest insurance […]
BingX launches $150mln shield fund to set a new benchmark for user protection
UAE, Dubai – BingX, a leading global cryptocurrency exchange and Web3 AI company, has introduced the Shield Fund, a permanent $150 million safety reserve designed to safeguard users against unexpected incidents, including technical vulnerabilities, security risks, or malicious cyber threats on the platform. Unlike conventional insurance models, the Shield Fund is entirely self-funded and always active, […]
IBM sets the course to build world’s first large-scale, fault-tolerant quantum computer by 2029
Breakthrough research defines key elements for an efficient fault-tolerant architecture – charting the first viable path toward a system projected to run 20,000 times more operations than today’s quantum computers Representing the computational state of IBM Starling would require the memory of more than a quindecillion (10^48) of the world’s most powerful supercomputers Dubai, United […]
PRYPCO Mint unveils second tokenised property as Dubai expands blockchain real estate after historic sell-out
A new on-chain property goes live on 11 June, reinforcing Dubai’s leadership in real estate innovation, accessibility, and digital transformation. Dubai, UAE – Following the landmark success of its inaugural tokenised property, which was fully funded in under 24 hours, PRYPCO Mint has announced the launch of its second tokenised listing, set to go live on […]