QDB unveils Mergers and Acquisitions Program to promote competitiveness and growth in Qatar

QDB unveils Mergers and Acquisitions Program to promote competitiveness and growth in Qatar

Doha, Qatar: As part of its ongoing efforts to support the private sector and strengthen the sustainability of Qatari businesses, Qatar Development Bank (QDB) has announced the launch of its Mergers and Acquisitions (M&A) program. The strategic initiative offers integrated solutions to companies seeking growth, access to new opportunities, strategic partnerships, or structured and efficient exit […]

Emirates NBD partners with Kinexys by J.P. Morgan to Boost Cross-Border Payment Security

Emirates NBD partners with Kinexys by J.P. Morgan to Boost Cross-Border Payment Security

Dubai, UAE: Emirates NBD a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, announces its strategic decision to join Kinexys Liink, the world’s first bank-led peer-to-peer data sharing network, from Kinexys by J.P. Morgan. Through integrating with Kinexys Liink’s ‘Confirm’ Application, designed for the exchange of global account validation information, Emirates […]

Morocco’s VOVE ID Raises Funding To Scale AI-Powered KYC Across MENA and Africa

Morocco’s VOVE ID Raises Funding To Scale AI-Powered KYC Across MENA and Africa

Moroccan regtech startup VOVE ID has secured new investment from The Baobab Network to accelerate its growth across Africa and the Middle East. The funding (amount undisclosed) marks a key milestone for the high-end digital identity verification company, which launched earlier this year and has already gained rapid traction with its secure, AI-driven Know Your Customer (KYC) […]

Wafeq partners with Comfi to fuel SME Growth in the UAE

Wafeq partners with Comfi to fuel SME Growth in the UAE

In a bold move to transform cash flow for small and medium businesses, Comfi, the UAE-based B2B embedded finance platform, has announced a strategic partnership with Wafeq, one of the GCC’s leading and fastest-growing accounting software providers. Through this collaboration, Wafeq users can now turn their outstanding invoices into working capital in just a few […]

ADIB launches Cardless Cash Withdrawal via Mobile App

ADIB launches Cardless Cash Withdrawal via Mobile App

Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched the new Cardless Cash Withdrawal feature through the ADIB Mobile App, allowing customers to withdraw cash from ADIB ATM without the need for a physical debit card and quickly and securely send cash to friends and family, including non-ADIB customers, through […]

Capital.com offers global investors access to UAE Stocks

Capital.com offers global investors access to UAE Stocks

Dubai, UAE – Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal United Arab Emirates stock markets – becoming one of the first major trading platforms to do so. In a move that reflects growing interest in the region’s economy, Capital.com is providing full […]

UAE’s AI Fintech Metric Raises Seven-Figure Seed Round Launches 'world’s first Chief Financial AI' called Max

UAE’s AI Fintech Metric Raises Seven-Figure Seed Round Launches ‘world’s first Chief Financial AI’ called Max

Source: Business Recorder AI fintech Metric announced a seven figure seed round to grow their offering across the Gulf region and Asia. The company told Business Recorder it is not revealing the exact amount at this stage. Founded in 2022 by Pakistani couple Meenah Tariq and Omar Parvez, along with the company’s CTO Dr Habiba, Metric said […]