Dubai, UAE: Abu Dhabi Islamic Bank PJSC (ADIB), a leading Islamic financial institution, has partnered with Visa, a global leader in digital payments, to launch Remit!, a new real-time cross-border money transfer service. Powered by Visa Direct, the service enables ADIB customers to send money to more than 11 billion cards, digital wallets, and accounts worldwide, […]
Wuilt, the MENA region’s all-in-one e-commerce enablement platform, has raised $2 million to accelerate its mission of democratizing e-commerce—starting in Egypt and expanding across the region and beyond. The round includes follow-on investment from Flat6Labs and MTF VC and participation from Mubadala-backed Hub71, JIMCO (Abdul Latif Jameel’s VC arm), Purity Tech, and a strong network of strategic angel […]
More than two decades ago, Veronica Studsgaard found herself navigating the complexities of a new business in an unfamiliar industry. With limited access to peers and no clear platform for collaboration, she recognised a critical gap in the cross-border payments sector. Determined to create a space for knowledge exchange, partnership and innovation, Veronica founded the International Association […]
Ras Al Khaimah Economic Zone (RAKEZ) has partnered with UAE-based fintech company Peko to offer its clients a range of automated services that streamline day-to-day operations. From invoicing and payroll to utility payments and business travel bookings, the new services are accessible via RAKEZ’s client portal, supporting SMEs with greater convenience and control. The partnership […]
DFM’s total consolidated revenue increased by 191% to AED 888.9 million in the first half of 2025, driven by strong trading activity and diversified income streams and one-off income from the sale of an investment property. Total traded value grew by 77% year-on-year to AED 85 billion, with institutional investors accounting for 71% of activity. […]
Karachi, Pakistan – Kuickpay has announced a strategic partnership with Visa, the world leader in digital payments, to launch an innovative Business Payment Service Provider (BPSP) platform. This collaboration aims to modernize business-to-business (B2B) payments and invoice financing across Pakistan. The new platform is set to empower businesses in Pakistan by digitizing and optimizing their vendor payments, […]
Hami streamlines medical intake, analyzes clinical data and generates evidence-based recommendations for physicians, says firm Says Hami is currently in active deployment across multiple hospitals in Pakistan and will expand globally over the coming year ISLAMABAD: A US-based health tech firm founded by Pakistani American trauma surgeon Dr. Adil Haider announced on Tuesday it had […]
Anaconda, Inc., the company committed to advancing AI with open source at scale, today announced that it raised over $150M in a Series C funding round led by Insight Partners, with participation from Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue (ARR) as of July 2025. This news comes on the heels […]
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced an exclusive, limited time package of privileges for clients who apply to transfer their credit card balances to Khaleeji. Through this offer, Khaleeji will waive its profit for six months, reducing the profit rate to 0% […]
Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. In a post on the X platform, QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank’s broader efforts to develop and regulate […]