Packaging becomes the sixth consumer-focused vertical with ISEM as an anchor Abu Dhabi, UAE – 2PointZero Group PJSC (ADX: 2PointZero), a next-generation investment powerhouse focused on energy and consumer sectors, announced today that it has formally completed the transaction to acquire a majority position in ISEM, a leading European packaging group serving beauty, fashion, luxury, nutraceuticals […]
TruDoc raises $15M in Pre-Series B to accelerate virtual-first healthcare across GCC
Dubai: TruDoc Healthcare, the GCC’s premier virtual-first, full-stack healthcare platform, today announced the successful closure of a $15 million Pre-Series B funding round. The round saw significant participation from the Al Nahyan family and the Al-Ketbi family, alongside continued support from existing investor Pulsar Capital. The investment reflects growing confidence in healthcare models that move […]
Alizz Islamic Bank and Sharakah accelerate SME development and growth to empower Omani entrepreneurs
Building on last year’s Alizz Business SME Development Programme and reinforcing their shared commitment to strengthening Oman’s entrepreneurial ecosystem, Alizz Islamic Bank and Sharakah upscale the second edition of the Programme, reaching out to more businesses and expanding its reach across the Sultanate. The renewed partnership will empower an additional 15 high-potential SMEs this year […]
ICICI Prudential Asset Management Company Limited inaugurates it’s DIFC Branch
Dubai: ICICI Prudential Asset Management Company Limited (ICICI Prudential AMC), one of India’s largest asset management company, today inaugurated its branch in Dubai International Financial Centre (‘DIFC’), marking a significant step in its overseas expansion strategy and reinforcing its commitment to serving institutional and wealth investors across the Gulf Cooperation Council (GCC)and Africa region. The […]
US-Based Ayar Labs Raises $500 Million in Series E with Participation from Qatar Investment Authority
US semiconductor startup Ayar Labs has raised $500 million in a Series E funding round to expand its production capacity and accelerate the deployment of its optical AI infrastructure technology. The round was led by Neuberger Berman and included participation from global institutional investors such as AKR Invest, Insight Partners, Sequoia Global Equities, and 1789 […]
VAST Data and CrowdStrike partner to establish a unified security model for the AI lifecycle
Dubai, United Arab Emirates – At VAST Forward 2026, VAST Data, the AI Operating System company, and CrowdStrike (NASDAQ: CRWD) announced a strategic partnership that combines VAST’s native data-layer governance and platform-level controls with CrowdStrike’s enterprise-grade threat detection and automated response. By integrating these capabilities within the VAST AI Operating System and connecting telemetry with the […]
Abu Dhabi Commercial Bank (ADCB) confirms restoration of retail mobile banking services
Abu Dhabi, UAE: Abu Dhabi Commercial Bank (ADCB) today confirmed that its retail mobile banking application has been successfully restored. The disruption, which lasted approximately 48 hours, affected ADCB’s retail mobile banking application and customer contact centre. All other banking services, including branches, ATMs, card services, web-based internet banking, and corporate and commercial banking platforms, remained […]
Ajman Bank approves 50% of net profit as cash dividend at Annual General Meeting
Ajman, United Arab Emirates – Ajman Bank’s General Assembly, during its Annual General Meeting chaired by His Highness Sheikh Rashid bin Humaid Bin Rashid Al Noaimi, Vice Chairman of the Bank’s Board of Directors, approved the distribution of cash dividends to shareholders amounting to 50% of the net profit for the financial year ended 31 December […]
Sohar International and Sohar Islamic launch “Bold Steps. Golden Rewards.” campaign
Muscat: Sohar International, together with its Islamic banking window, Sohar Islamic, is offering customers the opportunity to win gold bars through monthly draws as part of its newly launched Credit Card Campaign, “Bold Steps. Golden Rewards,” running until 30 April 2026. Designed to transform everyday retail spending into tangible rewards, the initiative grants cardholders an automatic […]
Visa and Bridge Expand Collaboration, with Plans to Bring Stablecoin‑Linked Cards to Over 100 countries
Collaboration deepens as Bridge’s stablecoin‑linked card program gains global momentum. SAN FRANCISCO — Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading stablecoin infrastructure platform and a Stripe company, today announced an expansion of their global card issuance product that they first unveiled in 2025.Bridge enables businesses and fintech developers to offer stablecoin-backed […]