Dubai – ADIB Capital Limited, a wholly owned subsidiary of Abu Dhabi Islamic Bank (ADIB) and regulated by the Dubai Financial Services Authority (DFSA), has launched a new Sharia-compliant investment vehicle targeting short-duration trade opportunities in developed markets. The ADIB Islamic Trade Opportunities Fund, structured as a Qualified Investor Fund (QIF) in the Dubai International […]
Acquisition expands IFS’s Industrial AI capabilities, unlocking deeper insights and scalable, data-driven logistics solutions. Dubai, United Arab Emirates – IFS, the leading provider of Industrial AI software, today announced the acquisition of 7bridges, an AI-powered supply chain management solution provider. The move strengthens IFS’s position as the Industrial AI leader by expanding its capabilities in logistics and […]
DUBAI, UNITED ARAB EMIRATES – Mantas, a pioneering insurtech, received In-Principle Approval (IPA) for a Category 4 licence from the Dubai Financial Services Authority (DFSA). This enables Mantas to operate as a regulated Managing General Agent (MGA) upon the issuance of the full DFSA licence. This key milestone bolsters the company’s mission to protect cloud-reliant businesses […]
This enables individuals to manage salary payments for domestic workers in line with applicable legislation and regulatory frameworks. Dubai: The Ministry of Human Resources and Emiratisation (MOHRE) and e& money, the fintech arm of e&, signed a Memorandum of Understanding (MoU) to provide wage protection services via the e& money platform. This enables individuals to manage […]
Morocco-based influencer marketing startup Hypeo Ai has secured an undisclosed investment from Renew Capital to scale its AI-powered influencer marketing platform. Founded in 2024 by Meriam Bessa, Oussama Sekkat, and Salah Eddine Mimouni, the startup helps brands and creators connect in under 15 minutes, with tools for matching, pricing, and real-time campaign tracking. The funding […]
New Head of Regional Headquarters to lead Operations in support of Vision 2030 New Saudi Arabia leadership team hires to drive Lenovo growth in the Kingdom Regional Headquarters confirmed in Al Majdoul Tower, one of Riyadh’s most iconic buildings and growing innovation hub Dubai, United Arab Emirates – Lenovo today announced the appointment of its executive […]
The solution also allows Worldpay’s merchants to leverage their acquiring flows to fund payouts, simplifying operations and reducing reliance on multiple providers. Dubai, UAE: Worldpay® and Mastercard have joined forces to streamline money movement for consumers and businesses in the UAE through Mastercard Move. Through this collaboration, Worldpay Push-to-Card solution will enable a wide range of […]
Warba Bank today announced a strategic partnership with Zayoom, a specialized consumer electronics store, aimed at enriching the bank’s digital offers marketplace with exclusive benefits, including special discounts, limited seasonal deals and Marketplace e-store offers. This collaboration enhances the value offered to the bank’s customers and aligns with their aspirations. Commenting on the announcement, Muhannad Issa Bourahma, Director […]
With nearly 99% of Qatar’s population using online and smartphone penetration nearly universal, digital transactions have become the norm. DOHA: Qatar’s fintech landscape is surging forward with remarkable momentum, driven by bold government initiatives, modern regulatory frameworks, and a thriving ecosystem of startups and corporate champions, an expert remarked. With nearly 99 percent of Qatar’s […]
Professional.me, an AI-powered platform redefining how companies match and manage talent, has closed a US$3.1 million seed round, led by Raha Beach Ventures, bringing total funding to US$4.6 million. Professional.me introduces a breakthrough approach: personalized micro-LLMs, custom-trained language models for both employers and professionals. These tailored models deeply understand context and nuance, enabling smarter, faster, and […]