Doha, Qatar: Qatar Development Bank has signed a cooperation agreement with Rasmal Ventures on the sidelines of Web Summit Qatar 2025. The partnership is aimed at bolstering Qatar’s entrepreneurial ecosystem by supporting innovation, attracting global talent, and fostering local and regional growth opportunities for startups. Through this collaboration, the two parties seek to strengthen Qatar’s position […]
Africa, Middle East, Pakistan – Standard Chartered today announced a partnership with Village Capital to continue and expand its Futuremakers Women in Tech Accelerator across Africa, the Middle East, and Pakistan. Part of Futuremakers by Standard Chartered (Futuremakers), the Bank’s global youth economic empowerment initiative for disadvantaged young people, and with funding from the Standard Chartered Foundation. Futuremakers […]
UAE-based fintech BILRS has raised an undisclosed funding round from Salica Spring Studios, which is backed by Al-Waha Fund of Funds. Founded in 2022 by Rupert Shaw, BILRS provides international bill payment solutions, mobile top-ups, and gift cards, enabling seamless cross-border transactions in the B2B space. Through this investment, BILRS will be able to scale its operations, […]
Dubai: Deem Finance LLC (“Deem”), a Gargash Group company and a leading consumer finance provider regulated by the UAE Central Bank, has partnered with J.P. Morgan in a pioneering asset-backed securitization (ABS) to support its lending activities for consumers and SMEs. J.P. Morgan will be providing up to $400 million through a senior revolving facility backed […]
Dubai, UAE: Taranis Capital Ltd, an ethical, fintech-focused investment company, has secured a licence from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services within Dubai International Financial Centre (DIFC). This milestone significantly strengthens the firm’s ability to expand its operations and deliver innovative financial solutions with confidence and integrity. At the same […]
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has set a new benchmark by leading the way in transparency and accountability with the publication of its first independent Emirates NBD Group 2024 IFRS S1 and S2 report (“ISSB Report”) for the year ended 31 December 2024. […]
Doha, Qatar: Sadad, a leading company in online and electronic financial transactions offering multi payment solutions in Qatar, has announced its strategic collaboration with Mastercard to introduce a new digital payment gateway platform, powered by Mastercard Gateway. Through this partnership, Sadad will deploy state-of-the-art payment solutions to enhance the customer experience for its merchants in the […]
Abu Dhabi, UAE: Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the readiness of the financial infrastructure for Jaywan, the UAE’s domestic card scheme, to be activated locally and globally. Jaywan is the first domestic card scheme to be launched in line with the UAE’s digital transformation strategy, […]
Dubai, UAE – Worldwide Cash Express, a leading Money Transfer Operator and subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), one of the leading integrated financial services groups in the UAE, is proud to announce its rebranding to Blue Remit. This strategic rebrand further strengthens the company’s position as a trusted and innovative global remittance provider, […]
Dubai – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has signed a Memorandum of Understanding (MoU) with Visa, a world leader in digital payments, to develop solutions aimed at supporting small and medium-sized enterprises (SMEs) across the Middle East and North Africa (MENA) region. A signing ceremony was held recently at the Visa Innovation […]