This initiative comes as part of a package of incentive measures adopted by the SCA to align its regulatory framework with the fast-moving landscape of digital finance. ABU DHABI – The Securities and Commodities Authority (SCA) has officially launched the region’s first “Finfluencer” licence – an innovative regulatory milestone aimed at formalising and supervising digital […]
Egypt’s MDP Enters New Growth Phase with Strategic Investment Led by Lorax Capital Partners
Cairo, Egypt – MDP, a leading payments technology infrastructure group in the Middle East and Africa, is pleased to announce a new phase of growth following a strategic investment led by Lorax Capital Partners (“LCP”). The transaction marks the exit of long-time partner AfricInvest, whose support has been instrumental to the group’s expansion in recent years. MDP […]
Mena wealth platform Vault announces Public Launch with latest investment from Peak XV Partners
Vault opens its digital private wealth platform to investors across MENA—delivering transparent, fiduciary-first advisory for the modern affluent. Vault opens its digital private wealth platform to investors across MENA—delivering transparent, fiduciary-first advisory for the modern affluent. As Peak XV Partners’ first wealthtech investment in the region, this backing represents a significant milestone for wealth management […]
United Arab Bank partners with Emirates Face Recognition To launch a seamless and secure digital banking experience
United Arab Emirates – United Arab Bank (UAB) has signed a strategic partnership agreement with Emirates Face Recognition (EFR), a leading UAE-based technology provider of cutting-edge facial recognition and digital identity verification solutions. The signing ceremony was attended by Mr. Shirish Bhide, CEO of United Arab Bank; Mr. Emre Yalcin, Head of Retail Banking at United […]
Binance Academy and Pakistan’s Ministry of IT and Telecom partner to advance nationwide blockchain education
This partnership aims to provide blockchain education support to 300 educators and reach 80,000 students across 20 universities in Pakistan by 2026. Binance Academy, the open-access blockchain and crypto learning hub of Binance, and the Ministry of IT and Telecom (MoITT) in Pakistan today announced a partnership to advance blockchain education across the nation. This initiative will […]
XBTO Receives Full 3A Licence Approval from Financial Services Regulatory Authority (FSRA) of ADGM
Abu Dhabi, UAE – XBTO, a 10-year global leader in institutional digital asset management, is proud to announce that it has received full approval for its Financial Services Permission (FSP) under the 3A licence category from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in the UAE. The approval authorises XBTO to […]
PayTic Announces Strategic Partnership with NymCard
Partnership marks significant milestone in payment operations automation in GCC. [Dubai, 29st May 2025] – PayTic, a leading payment operations automation platform, today announced a strategic partnership with NymCard, marking PayTic’s entry into the GCC with its first strategic client. This collaboration represents a significant milestone in bringing advanced payment automation solutions to the rapidly […]
Hub71 and Yas Investments partner to strengthen UAE’s Tech Investment Landscape
Partnership to enhance investor engagement and support startup growth in Abu Dhabi Collaboration reinforces Tech Barza’s role in connecting family offices with high-potential startups and enabling strategic corporate deals Hub71, Abu Dhabi’s global tech ecosystem, has announced a strategic partnership with Yas Investments, a leading multi-family investment platform and fund manager, to enhance investor participation in […]
DLD launches the MENA’s first Tokenized Real Estate Project through the ‘Prypco Mint’ Platform
In a landmark move that reinforces Dubai’s leadership in the real estate sector and harnesses cutting-edge technologies to advance property investment, Dubai Land Department (DLD) has launched the region’s first tokenized real estate investment project through the ‘Prypco Mint’ platform. The initiative is being implemented in partnership with Prypco, in collaboration with the Virtual Assets […]
Mashreq Becomes First Bank in UAE to Launch Aani Instant Payments for SMEs
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from their customers instantly, securely, and seamlessly with no IBAN required. The new Aani Instant Payments solution allows Mashreq’s SME customers to generate a link or […]