QNB Oman and AmwalPay Sign Strategic Agreement to Strengthen Digital Acquiring Services

QNB Oman and AmwalPay Sign Strategic Agreement to Strengthen Digital Acquiring Services

QNB Oman and AmwalPay have announced the signing of a strategic partnership agreement aimed at enhancing digital payment acceptance services and supporting businesses and merchants across the Sultanate of Oman through advanced payment solutions and modern acquiring capabilities. The agreement was signed by Khalid Mohammed Al Barwani, Chief Executive Officer (CEO) of QNB Oman, and […]

Saudi-Based Revora Secures $2 Million In Seed Round For Expansion and Product Development

Saudi-Based Revora Secures $2 Million In Seed Round For Expansion and Product Development

Saudi Arabia-based artificial intelligence (AI)-native e-commerce operating platform Revora has raised $2 million in a seed funding round, bringing its total funding to date to $2.5 million. The round was co-led by i2i Ventures and Oraseya Capital, with participation from Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, Orbit Startups, and a group of strategic […]

UAE-Based Wealthtech Oxyfinz Offers Free Access to Institutional-Grade Technology for SME Wealth and Asset Managers

UAE-Based Wealthtech Oxyfinz Offers Free Access to Institutional-Grade Technology for SME Wealth and Asset Managers

The initiative brings portfolio management and data infrastructure to boutique firms operating in DIFC and ADGM as they navigate rapid market growth and mounting operational pressures. Dubai, UAE, 23 June 2026 – Oxyfinz, a UAE-based wealthtech and data intelligence platform for wealth and asset management firms, has launched its SME growth initiative aimed at supporting […]

INFINIOS and Circle Sign Strategic Agreement to Advance Digital Finance Infrastructure

INFINIOS and Circle Sign Strategic Agreement to Advance Digital Finance Infrastructure

The collaboration will support stablecoin-powered payments, treasury, and digital asset solutions for businesses and financial institutions across the Middle East and beyond  Manama, Kingdom of Bahrain – June 2026 – INFINIOS, a leading fintech innovator headquartered in the Kingdom of Bahrain, and Circle Internet Financial, LLC, a subsidiary of one of the world’s leading financial […]

Tunisia-based RoboCare Secures Six-Figure Investment from 216 Capital to Expand Across Africa and Middle East

Tunisia-based RoboCare Secures Six-Figure Investment from 216 Capital to Expand Across Africa and Middle East

TUNISIA — Tunisia-based agritech startup RoboCare has secured a six-figure investment from venture capital firm 216 Capital to support its next phase of growth and accelerate expansion into African and Middle Eastern markets. Founded in 2020 by Imen Hbiri in Sfax, RoboCare develops an AI-powered precision agriculture platform designed to help farmers detect crop diseases […]

Standard Chartered explores Sale of Bahrain Wealth and Retail Unit

Standard Chartered explores Sale of Bahrain Wealth and Retail Unit

Manama, Kingdom of Bahrain:  Standard Chartered PLC (“the Group”) today announced its intention to explore the sale of its Wealth & Retail Banking (“WRB”) business in Bahrain, as it further sharpens its focus on businesses and client segments where it has the greatest scale and most differentiated client proposition. This announcement does not affect the […]

HSBC, Mastercard Launch Mobile Virtual Card Solution to Accelerate Growth of Digital B2B Payments in UAE

HSBC, Mastercard Launch Mobile Virtual Card Solution to Accelerate Growth of Digital B2B Payments in UAE

Dubai, UAE: HSBC and Mastercard today jointly announced the launch of a mobile virtual card solution in the UAE that enhances commercial card programs with tokenized virtual cards accessible through digital wallets. The move is part of the bank’s efforts to digitize its offerings and provide corporate customers with state-of-the-art technology tools. The new solution connects […]