The MEA enterprise agentic AI market generated $102.2 million in revenue in 2024. Meta’s partnership with Startupbootcamp through the Llama Design Drive program aligns with the rapid growth of agentic AI in the Middle East and Africa. The MEA enterprise agentic AI market generated $102.2 million in revenue in 2024 and is projected to reach […]
Abu Dhabi, 29 April 2025 – Abu Dhabi Commercial Bank PJSC (ADCB) today reported its financial results for the first quarter of 2025 (Q1’25). 15th consecutive quarter of growth(2) in profit before tax marked by well-diversified income streams and improved efficiencies amid continued strength in UAE economic fundamentals Key highlights – Q1’25 vs. Q1’24 Profit before […]
Profit before tax was AED 6.13 billion, up 22% yoy Total assets cross AED 1.3 trillion milestone, up 6% yoy FAB accelerates AI deployment and becomes first bank in region to use AI Agent Board Observer Abu Dhabi: First Abu Dhabi Bank (FAB) delivered record results for the first quarter of 2025, with Group net profit […]
Three major UAE institutions pioneer a new stablecoin as founding partners. The stablecoin launch led by three leading UAE entities will put the UAE at the forefront of blockchain innovation, strengthening UAE’s digital infrastructure. Businesses and consumers to benefit from trusted network with the UAE’s Central Bank oversight. Abu Dhabi, UAE – IHC, ADQ, and First […]
Milestone positions the company to deepen its regional presence and scale its partnerships across the MEA financial ecosystem. ABU DHABI, UAE — April 29, 2025 — Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, today announced it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM […]
Islamabad, April 29, 2025 — Fasset, a leading digital asset platform focused on fostering financial inclusion in high-growth markets, has officially introduced Pakistan’s first gold tokenization solution under a Regulatory Sandbox license approved by the Securities and Exchange Commission of Pakistan (SECP). By leveraging blockchain technology, Fasset’s latest innovation enables secure, transparent, and fractionalized investments in physical gold, […]
Dubai, United Arab Emirates and Manama, Bahrain: Daleel, the Middle East’s leading personalized financial marketplace has announced it will integrate and showcase cryptocurrency products from Binance, the world’s largest crypto exchange by trading volume. Through the Binance Link Program, Daleel will be able to access the top 10 crypto trading pairs from the largest and most […]
EU/UAE/Global – After making waves across industries from smart tech R&D and manufacturing to cutting-edge fintech solutions, Sanso Technologies has announced the launch of its most ambitious innovation yet: SansoPay – a revolutionary digital payment platform set to redefine how the world sends, receives, and manages money. Backed by over two decades of technological leadership, Sanso Technologies, led by its […]
BoxCommerce, an e-commerce platform headquartered in the UAE has launched its SME solution betting on the country’s booming mobile commerce market, vast SME sector, and the limited availability of user-friendly e-commerce solutions tailored for local businesses looking to scale. The move positions BoxCommerce among a wave of startups setting shop in the Middle East’s commercial […]
Muscat – The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has reiterated its commitment to strengthening digital payment infrastructure across Oman, highlighting the significant role electronic payments play in combating tax evasion, curbing hidden trade practices, and supporting the national economy. Speaking to Oman TV, Mubarak al Dohani, Director General of Planning and the ministry’s […]