Dubai, UAE – MENA InsureLab, the first dedicated InsurTech venture builder and accelerator in the Middle East and North Africa, has officially launched its operations, with its regional headquarters based in Dubai. With a mission to drive real-world innovation in the insurance sector, MENA InsureLab is establishing regional chapters across Bahrain, Saudi Arabia, Oman, Qatar, […]
The Department of Finance in Dubai Government (DOF) has partnered with cryptocurrency trading platform Crypto.com to enable the payment of government service fees using cryptocurrencies. The signing took place on the sidelines of DOF and Crypto.com’sticipation in the Dubai FinTech Summit at the Dubai International Financial Centre.The partnership supports the implementation of the Dubai Cashless Strategy by […]
MUSCAT: In a groundbreaking step toward enhancing accessibility and convenience, BankDhofar has launched its innovative ‘Bank on Wheels’ initiative a fully equipped mobile banking branch that brings financial services directly to customers, wherever they are. This customer-centric service reflects the bank’s commitment to delivering inclusive, personalized, and technologically advanced banking experiences across the Sultanate of Oman. The […]
TOKYO & AMMAN – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. and Arab Bank plc are delighted to announce the launch of the JCB merchant acquiring operations across Jordan, enabling JCB cardmembers to make payments seamlessly through Arab Bank’s POS terminal network. Mr. Yacoub Matouk, Head of Consumer Banking at […]
DUBAI, United Arab Emirates — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Ghaf Labs, a MENA-based Web3 boutique advisory and consultancy firm, have signed a Memorandum of Understanding (MOU) to enter a multi-year strategic partnership. The alliance aims to drive crypto adoption, ecosystem development, and real-world utility across the Middle East and North Africa […]
Dubai, The United Arab Emirates – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced its strategic partnerships with LuLu Financial Holdings(“LuluFin”), a leading UAE-based financial services company and Ant Digital Technologies during the Dubai Fintech Summit 2025. These collaborations underscore Alibaba Cloud’s ongoing commitments to supporting the region’s digital transformation by […]
DUBAI, UNITED ARAB EMIRATES – Amwal Capital Partners, an independent alternative investment firm with offices in Dubai and Riyadh, today announced the successful launch and first close of its Shariah-compliant financing fund. The fund is designed to address the rising demand for ethical, Shariah-compliant financing solutions from investors, and flexible capital for small and medium-sized enterprises […]
In a significant step toward bridging the gap between traditional finance and the digital asset economy, Mbank provides AED Escrow Account Services to Changer.ae clients enabling secure and regulated dirham to crypto conversions and trades executed at the Changer.ae platform. Through this service, customers can safely utilize a Dirham escrow account powered by Al Maryah […]
HE Dr Thani Al Zeyoudi: “This collaboration demonstrates the power of the NextGen FDI program and underscores our commitment to fostering an innovative ecosystem.” Dubai, UAE: AqlanX, a UAE-based artificial intelligence company, today announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The […]
Backed by over $1 billion in initial equity commitments; targeting $10 billion in liabilities AI-native approach at the core of the reinsurance platform to enhance data and market analytics, and optimize capital efficiency Enabled by a strategic partnership with BlackRock, who will deliver best-in-class asset management, advisory and technology capabilities Lunate will also be a partner, […]