ADGM, the international financial centre of the UAE capital, has accomplished another quarter of robust growth and increased global recognition, sustaining momentum from a record-breaking 2024. In Q1 2025, ADGM achieved significant growth across key metrics, supported by ongoing global investor confidence, regulatory enhancements, and the successful implementation of major initiatives within its expanded jurisdiction […]
Riyadh, Saudi Arabia – June 5, 2025 — Emirates NBD Capital KSA, the investment arm of Emirates NBD Group in Saudi Arabia, has received approval from the Capital Market Authority (CMA) to launch a new public fund in the Kingdom. The newly approved “ENBDC Saudi Equity Freestyle Fund” will offer investors access to Saudi equities, […]
Dubai, UAE: At its Annual General Meeting, the Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), unveiled highlights from its 2024 performance, celebrating a year of strategic growth, deepened alignment with Dubai’s economic vision, and bold steps toward fostering a resilient, inclusive innovation ecosystem. […]
Dubai, UAE – Ctrl Alt, a leading tokenization infrastructure platform, has officially secured its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP). Notably, Ctrl Alt is the first VASP authorized to conduct issuer-related services. This milestone marks a significant step in Ctrl Alt’s global expansion and highlights its commitment to operating within […]
Kumulus Water, a Tunisia-based WaterTech startup that turns air into clean drinking water, has raised $3.5 million in seed funding to expand its operations and scale its atmospheric water generation technology, a company statement showed on Tuesday. Funding details The round was backed by Bpifrance (via France 2030 SGPI and the Île-de-France Region), regional VCs […]
Despite widespread adoption of eCommerce in UAE, opportunity remains for retailers to enhance checkout experience and increase customer satisfaction. The need to manually enter card details, and security concerns are major pain points for consumers shopping online, resulting in lost revenue for businesses Two-thirds of respondents trust biometric authentication more than traditional methods such as […]
Abu Dhabi – Khalifa Fund for Enterprise Development (KFED) has entered into a strategic agreement with the Inovartic Investment to enhance bilateral cooperation and support startups in the gaming sector in the UAE. At the centre of this agreement is a comprehensive framework designed to support early-stage gaming enterprises by offering incubation services, specialised training programs, […]
KARACHI: Standard Chartered Pakistan and Emirates have entered into a strategic partnership by signing a Memorandum of Understanding (MoU). The collaboration offers significant benefits to Standard Chartered Credit Card holders, special fares on tickets purchased online through the Emirates website. Additionally, customers can opt to split their payments into convenient monthly instalments of up to 12 months. […]
The partnership will streamline cross-border payments to 120 countries worldwide through the adoption of the Visa B2B Connect platform. Businesses will enjoy efficient, reliable and secure, money transfer services. Account-to-account transactions from QIB Corporate accounts to beneficiary banks to be facilitated through the deployment of Visa B2B Connect. QIB Corporate and SME customers will gain […]
Dubai – In a collaborative effort to support and engage with the Pakistani labor community, National Bank of Pakistan (NBP) and Instant Cash successfully organized a vibrant musical roadshow at DULSCO, Al Warsan Camp in Dubai on Saturday, May 24. Despite the soaring temperatures exceeding 50°C, the event witnessed an impressive turnout, reflecting the enthusiasm […]