Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to QCB data. Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to Qatar […]
AWS investment in collaboration with Deloitte to expand talent, build capabilities, and support large-scale business transformation in the Middle East Dubai, United Arab Emirates – Deloitte Middle East and Amazon Web Services (AWS) have announced a significant expansion of their strategic alliance with plans to deliver $1 billion worth of services by 2030, accelerating digital transformation […]
Dubai, United Arab Emirates – June 25, 2025: Etihad Credit Insurance (ECI), the UAE’s federal export credit company, announced the impact of its ‘Xport Xponential’ programme, which has helped raise AED 174 million in funding to support the growth of SMEs, during the closing ceremony of the programme. The working capital was raised with the […]
Rapidly growing company, led by serial entrepreneur, David Gurlé, completes seed round – led by Global Ventures, a leading VC firm in MENA – with participation from Inria, OneRagtime, Mi8, and business angels. $800 billion cloud market, growing at 20% a year – amid accelerated demand for AI – is ripe for a European solution […]
Flagship Event CoCreate 2025 to Be Held in Las Vegas and London NEW YORK, June 26, 2025 — Alibaba.com, a leading B2B e-commerce platform, today announced the newly expanded pitch competition, CoCreate Pitch, which will take place at the Company’s annual flagship CoCreate event. The competition will allow global SMEs with product dreams to compete for a $1 million prize pool. In addition […]
Headquartered in Dubai, idea-L® is strategically positioned at the heart of the Middle East’s thriving innovation economy. DUBAI, UAE: idea-L®, the artificial intelligence (AI) and Web3-powered platform that turns ideas into investor-ready ventures, and potential into progress, announces the close of an oversubscribed $1 million pre-seed round. The round, secured from a wide syndicate of investment […]
The UAE FinTech market is projected to grow from USD 3.16 billion in 2024 to USD 5.71 billion by 2029 89% of UAE consumers now use digital-first bank accounts Artificial Intelligence is transforming financial services, enhancing personalisation, compliance and risk management Collaboration across the ecosystem and innovative policies are driving regional FinTech leadership Dubai, United […]
Tesla today, announces the opening of its first Center in Riyadh, Saudi Arabia, located on Takhassousi Rd. This reflects the Kingdom of Saudi Arabia’s growing demand for electric vehicles and its commitment to sustainable transportation, in line with Saudi Vision 2030. On Thursday, June 26, the Tesla Center in Riyadh officially opens to the public. With […]
Vienna-based startup serving 1,000+ properties raises funding to revolutionize hospitality communication with industry-first AI. chatlyn recently opened its Dubai office to strengthen its presence in the Middle East Vienna, Austria: chatlyn, the AI communication hub transforming how hotels engage with guests across every touchpoint, announced today it has secured $9.3 million (€8 million) in Series A […]
Cairo, Egypt: Mashreq, one of the leading financial institutions in the MENA region, has announced the opening of its representative office in Türkiye, reinforcing its long-standing commitment to supporting Turkish financial institutions and corporates. As one of the largest and most active correspondent banks operating in Türkiye, Mashreq has played a vital role in channeling risk […]