Ajman, United Arab Emirates: His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank’s Board of Directors meeting on Tuesday to review key financial and administrative matters, and issue resolutions on commercial activities. Ajman Bank announced a profit before tax of AED […]
Mastercard and Jordan Islamic Bank collaborate to expand digital payment offerings and financial inclusion in Jordan
Partnership to accelerate digital transformation, enhance customer experience, and support inclusive growth through Shari’ah-compliant solutions Amman, Jordan; 22 June 2025: Mastercard and Jordan Islamic Bank (JIB), one of the largest banks operating in the country, are collaborating to drive innovation and expand access to Shari’ah-compliant digital payment solutions. JIB will leverage Mastercard’s payment technologies and advisory […]
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Kuwait’s Capital Markets Authority (CMA) launches nation’s first securities-based crowdfunding service
The CMA confirmed that Al-Mawazi Capital has become the first company registered in its securities-based financial technology services registry. KUWAIT CITY – In a landmark move aimed at advancing financial innovation, Kuwait’s Capital Markets Authority (CMA) on Sunday announced the official launch of the country’s first securities-based crowdfunding service, marking a significant step toward diversifying […]
Journify Doubles Valuation and welcomes strategic funding amid 5x revenue growth and GCC expansion
Journify is expanding across Saudi Arabia, the UAE, and the broader Gulf region. Dubai, UAE. Journify, the UAE-based AI-powered data activation platform, is transforming how GCC brands leverage first-party data for measurable growth. With 5x revenue growth and a doubled valuation in just six months, Journify is expanding across Saudi Arabia, the UAE, and the […]
JPMorgan considers offering loans backed by clients’ cryptocurrency holdings: FT reports
The move comes as other major U.S. banks, including Bank of America and Citibank, are developing stablecoins. JPMorgan Chase is exploring plans to offer loans backed by clients’ cryptocurrency holdings, including bitcoin and ethereum, as early as next year, the Financial Times reported on Tuesday, citing people familiar with the matter. The move comes as […]
Eton Solutions secures $58mln series C to bring AI-driven wealth management technology to the World’s leading family offices, PEs and Funds
Navis Capital Partners Leads Round to Accelerate AI innovation and Global Expansion of Solution That 800 Families Use to Manage More Than $1 Trillion in Asset. RESEARCH TRIANGLE PARK, N.C.– Eton Solutions, the wealth management platform that the world’s wealthiest single and multi-family offices rely on to manage over $1 trillion in assets, today announced […]
RAKBANK Reports AED 1.37 Billion Net Profit for H1 2025, Marking 26.1% YoY Growth
Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for first Half of 2025. Key Financial Highlights – H1 2025 Profit after tax of D 1,374M for H1’25 up 26.1% over H1’24. Profit after tax for Q2’25 was D 669M, reflecting an increase of 22% YoY Operating […]
Oman-based ZabonEx Secures $100,000 Pre-Seed Round to Revolutionize F&B Distribution
ZabonEx, a predictive analytics startup revolutionising how Food & Beverage (F&B) businesses manage product distribution, has announced the closing of a $100,000 pre-seed investment round led by Future Fund Oman and ITHCA Group. The funding marks a significant milestone in ZabonEx’s mission to help F&B companies sell more and waste less through smart, data-driven solutions. […]
Abu Dhabi Judicial (ADJD) become the first judicial entity in the region to accept AE Coin for fee payments with Al Maryah Bank
Al Maryah Bank has announced a groundbreaking partnership with the Abu Dhabi Judicial Department (ADJD), marking a significant milestone in the region’s digital transformation journey. Through this collaboration, ADJD becomes the first judicial entity in the region to accept AE Coin for fee payments. This initiative enables secure, fast, and seamless transactions via the UAE-regulated […]
