Muscat, Oman – [6 August 2025] – Amid strong economic momentum in Oman, ahlibank has announced its interim financial results for the first half of 2025, showcasing solid growth across all major performance indicators. The bank’s results reflect a strategic focus on innovation, sustainability, and community impact, solidifying its position as a leading financial institution […]
Growth driven by strategic acquisitions and new market entries EBITDA up 164% year-on-year to AED 189.7 million in H1 2025, reflecting stronger operational performance and impact of consolidating strategic acquisitions since H1 2024 Revenue reaches AED 6.1 billion in H1 2025 – highest half-year performance since ADX listing in 2022 Total comprehensive income recorded as […]
The innovative platform enables secure, affordable cross-border payments for migrant workers and streamlines onboarding and payroll for employers Muscat, Oman, 5 August 2025: Mastercard has joined forces with Monak, an Oman-based fintech company, to launch a digital financial services platform that enhances cross-border money transfers for migrant workers and improves wage disbursement and onboarding processes for […]
Alaan, a UAE-based spend management platform, announced Tuesday that it has raised $48 million in an oversubscribed Series A funding round to accelerate its expansion in Saudi Arabia and enhance its suite of artificial intelligence (AI)-powered finance automation tools. The company had previously raised $7.5 million across its Seed and Pre-Series A rounds. Funding details The round was […]
Dubai, UAE: Tarabut, MENA’s leading open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This milestone positions Tarabut at the forefront of Open Finance in the region and marks the third national regulatory license for the […]
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has issued its 2024 Financial Stability Report, which includes a comprehensive assessment of financial system stability and financial developments across sectors amidst increased global challenges and risks. The report affirmed the robustness of the UAE banking sector, supported by strong capital and liquidity buffers, alongside […]
Over the past year, BingX Labs has established itself as a key strategic investor, partner, and developer ally, driving innovation at the intersection of Web3, AI, and decentralized finance. Dubai, August 4, 2025 – BingX, a leading cryptocurrency exchange and Web3 AI company, announced the first anniversary of BingX Labs, its dedicated investment and incubation arm. […]
Investment led by 4DX Ventures, Camel Ventures, and Plus VC to power Suplyd’s next growth phase beyond distribution. The round also includes participation from Seedstars and existing investors as Suplyd gears up to expand across Egypt and scale new services. Cairo, Egypt – Suplyd, the Cairo-based digital procurement platform for restaurants, announced the successful raise of […]
– Strengthens service delivery across aviation and specialty lines from a strategic global hub – Reinforces AI12’s commitment to trust, transparency, and international standards Dubai, UAE – AI12 Ltd., a global specialist insurance and reinsurance brokerage, is proud to announce its official establishment as a DFSA-regulated entity within the Dubai International Financial Centre (DIFC). This milestone […]