Navis Capital Partners Leads Round to Accelerate AI innovation and Global Expansion of Solution That 800 Families Use to Manage More Than $1 Trillion in Asset. RESEARCH TRIANGLE PARK, N.C.– Eton Solutions, the wealth management platform that the world’s wealthiest single and multi-family offices rely on to manage over $1 trillion in assets, today announced […]
RAKBANK Reports AED 1.37 Billion Net Profit for H1 2025, Marking 26.1% YoY Growth
Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for first Half of 2025. Key Financial Highlights – H1 2025 Profit after tax of D 1,374M for H1’25 up 26.1% over H1’24. Profit after tax for Q2’25 was D 669M, reflecting an increase of 22% YoY Operating […]
Oman-based ZabonEx Secures $100,000 Pre-Seed Round to Revolutionize F&B Distribution
ZabonEx, a predictive analytics startup revolutionising how Food & Beverage (F&B) businesses manage product distribution, has announced the closing of a $100,000 pre-seed investment round led by Future Fund Oman and ITHCA Group. The funding marks a significant milestone in ZabonEx’s mission to help F&B companies sell more and waste less through smart, data-driven solutions. […]
Abu Dhabi Judicial (ADJD) become the first judicial entity in the region to accept AE Coin for fee payments with Al Maryah Bank
Al Maryah Bank has announced a groundbreaking partnership with the Abu Dhabi Judicial Department (ADJD), marking a significant milestone in the region’s digital transformation journey. Through this collaboration, ADJD becomes the first judicial entity in the region to accept AE Coin for fee payments. This initiative enables secure, fast, and seamless transactions via the UAE-regulated […]
FAB’s Lime app enters Egypt’s fintech scene with $9.4 million investment
Lime Consumer Finance, the largest platform for education financing in Egypt and a wholly owned entity of First Abu Dhabi Bank Group in the UAE, has officially launched in the fintech ecosystem, with a specialised focus on educational financing as its first strategic entry point. Licensed by Egypt’s Financial Regulatory Authority (FRA), Lime offers structured, […]
Egypt’s MDP enables tokenization for secure electronic transactions in collaboration with Meeza and Apple Pay
Cairo, Egypt – MDP, Africa’s leading digital payments enabler, proudly announces a major milestone in advancing secure digital payments to become the first payment processor in Egypt to enable tokenization for electronic transactions, in strategic collaboration with the National Payment Scheme “Meeza” via Apple Wallet. This achievement marks the successful completion of the token provisioning phase, […]
UAE-based qlub Raises $30mln to Go Global, in Funding Round Led by Shorooq and Cherry Ventures
Led by Shorooq and Cherry Ventures, with strategic investments from e&, and Mubadala Investments, qlub aims to expand its global footprint and enhance its innovative payment solutions. Dubai, UAE – qlub, the ultra-fast payment system in restaurants, has become ubiquitous across Dubai’s vibrant dining scene. Following its runaway success in the UAE, qlub has announced […]
UAE-based qlub Raises $30mln to Go Global, in Funding Round Led by Shorooq and Cherry Ventures
Zvilo Expands Debt Facility with Fasanara Capital to €75 Million to Accelerate Growth Across Middle East, Africa and Turkey
Zvilo, a working capital lender committed to bridging the global trade finance gap, has today announced the expansion of its debt facility with long-standing capital partner Fasanara Capital – a London-based, owner-managed investment management company. The facility has been increased to up to €75 million, building on an initial commitment from Fasanara in October 2022. This new […]
BurjX secures FSRA license, launches ADGM-regulated trading platform with 100+ digital assets
BurjX becomes a fully regulated digital asset brokerage platform to offer and support trading of over 100 digital assets. Abu Dhabi, UAE – BurjX, the UAE-born digital asset trading platform, has officially secured its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of […]
