Dubai, UAE – Legal tech startup Qanooni has raised $2 million in seed funding to transform the way legal professionals interact with AI. The round was led by Village Global, with participation from Salica Investments’ Oryx Fund, TA Ventures, and a group of strategic angel investors. The fresh capital will be used to accelerate Qanooni’s expansion […]
ADGM implemented amendments to its regulatory framework for digital assets to streamline the process by which Virtual Assets are accepted for use within ADGM, alongside refinements to capital requirements and fees. Abu Dhabi, UAE: The Financial Services Authority (FSRA) of ADGM today announced the implementation of amendments to its regulatory framework for digital assets, with immediate effect. […]
Ajman, UAE – Ajman Bank has signed a distribution agreement with Azimut (DIFC) Limited, a subsidiary of the global asset management firm Azimut Group, to expand the range of investment solutions available to its wealth management clients. The agreement brings together Ajman Bank’s growing wealth platform with Azimut’s international investment expertise, enabling clients to access a […]
Al-Othman: NBK Reinforces leadership in Premium banking with the launch of Kuwait’s first luxury Retail credit card Unitt: Harrods Expands its prestigous rewards programme to customers in Kuwait though an exclusive partnership with NBK Singh: Visa Strengthens Strategic Partnership with NBK to Bring Harrods luxury experience closer to Kuwait A suite of exclusive benefits for cardholders […]
The RAFAL pilot will serve as a national feasibility benchmark for the future of tokenized property markets in Saudi Arabia. Saudi Arabia – droppRWA, a subsidiary of droppGroup, the world’s leading provider of sovereign-grade Web3 AI and blockchain infrastructure, today announced a landmark partnership with RAFAL Real Estate Co., one of Saudi Arabia’s leading developers, to execute […]
Abu Dhabi, UAE – Meedaf, an ADGM-licensed entity launched in April 2025 to serve financial institutions across the GCC, proudly announces a strategic joint venture with Brink’s a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. This collaboration is set to revolutionize the cash management and ATM managed services […]
Creative financing deal between major banking and industrial institutions aligns with the UAE’s Net Zero by 2050 Strategic Initiative. Collaboration highlights Emirates NBD and Siemens’ commitment to expand the integration of energy efficiency measures by combining green tech and credit solutions Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and […]
Brings significant experience in large sums assured and managing complex customer scenarios to the Middle East. Dubai – Transamerica Life Bermuda, the global high-net-worth (HNW) life insurer, has been granted a licence by the Dubai Financial Services Authority (DFSA) to establish a presence in Dubai International Financial Centre (DIFC), the leading global financial centre in the […]
ADGM, the international financial centre of the UAE capital, has accomplished another quarter of robust growth and increased global recognition, sustaining momentum from a record-breaking 2024. In Q1 2025, ADGM achieved significant growth across key metrics, supported by ongoing global investor confidence, regulatory enhancements, and the successful implementation of major initiatives within its expanded jurisdiction […]
Riyadh, Saudi Arabia – June 5, 2025 — Emirates NBD Capital KSA, the investment arm of Emirates NBD Group in Saudi Arabia, has received approval from the Capital Market Authority (CMA) to launch a new public fund in the Kingdom. The newly approved “ENBDC Saudi Equity Freestyle Fund” will offer investors access to Saudi equities, […]