Dubizzle Group acquires UAE's Property Monitor portal amidst IPO talks

Dubizzle Group acquires UAE’s Property Monitor portal amidst IPO talks

Dubai, UAE: Dubizzle Group (“Dubizzle” or the “Group”), the MENA region’s premier digital marketplace group, today announces the acquisition of Property Monitor, a leading real-estate market intelligence platform in the UAE. The acquisition of Property Monitor reinforces Dubizzle Group’s leadership in real estate classifieds and technology through a portfolio of market-leading brands, including Bayut and […]

Relm Insurance and Liva Insurance obtain Central Bank Approval in the UAE for Web3 Insurance Solutions

Relm Insurance and Liva Insurance obtain Central Bank Approval in the UAE for Web3 Insurance Solutions

Dubai, United Arab Emirates: Relm Insurance – the only insurer dedicated to emerging sectors – and Liva Insurance, a leading insurance provider operating across the GCC, today announced UAE Central Bank approval for their dedicated multi-line insurance solution for WEB3 businesses – SIGMAWEB3, and its tailored version for VARA-regulated companies, SIGMAWEB3 VARA. This milestone follows the signing of Relm and […]

Ahlibank accepts merger plan proposed by Sohar International

Ahlibank accepts merger plan proposed by Sohar International

Muscat – Ahlibank’s board of directors has accepted the merger proposal outlined in a letter of intent submitted by Sohar International Bank. On Monday, Sohar International announced its intention to explore a potential merger with Ahlibank and formally presented its proposal through a letter of intent to Ahlibank’s board. Ahlibank’s board convened on Thursday to review […]

Fintech specialist BKN301 closes $23.8mln Series B round to finance Global Growth

Fintech specialist BKN301 closes $23.8mln Series B round to finance Global Growth

UAE: BKN301 Group, a global fintech specialising in Banking-as-a-Service (BaaS), with key operations in MENA, has successfully closed a USD23.8 million capital increase. This will support the Group’s global growth, including exploring expansion into the United Arab Emirates and Saudi Arabia, as well as enhancing the firm’s proprietary BaaS Orchestrator platform. BKN301 operates in the Middle East, […]

Emirates NBD becomes the first bank in the UAE to launch Visa+ Simplifying International Money Transfers

Emirates NBD becomes the first bank in the UAE to launch Visa+ Simplifying International Money Transfers

Emirates NBD and Visa partnership will offer existing bank’s customers faster, secure and quicker means to send money to Visa cardholders within the GCC. Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has partnered with Visa, a global leader in digital payments, to become the first […]

Al Ansari Exchange and ruya partner to offer Free Cash Deposits across the UAE

Al Ansari Exchange and ruya partner to offer Free Cash Deposits across the UAE

Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, and Ruya Islamic Community Bank or “ruya”, a leading digital-first Islamic community bank, are thrilled to announce that they have signed a strategic partnership aimed at enhancing financial inclusivity and convenience for customers […]

nmbr Launches Equity-for-Users Model to Kill the Phone Number

nmbr Launches Equity-for-Users Model to Kill the Phone Number

nmbr launches campaign to replace the traditional phone number with a global, user-owned, internet-based identity. April 14, 2025 — Dubai. — What if you could own a piece of the next big thing — just by signing up early? That’s the premise behind nmbr, a bold new startup aiming to reinvent how the world communicates. […]

Checkout.com gears up to become the First Global Digital PSP to launch card issuing in the UAE

Checkout.com gears up to become the First Global Digital PSP to launch card issuing in the UAE

LONDON AND ABU DHABI — Checkout.com, a leading global digital payments company, today announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region. Checkout.com aims to roll out domestic card issuance in the region in 2026, pending regulatory approval. This […]

Standard Chartered and OKX launch world-leading Collateral Mirroring Programme

Standard Chartered and OKX launch world-leading Collateral Mirroring Programme

London, Dubai – Standard Chartered and OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the launch of a ground-breaking, world-leading collateral mirroring programme, enabling institutional clients to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading. This initiative significantly enhances security and capital efficiency for institutional clients by using a […]