Marking the one-year countdown, Visa kicks off exclusive fan access and experiences tied to one of the sport’s most exciting young stars and more to come as the tournament approach. Dubai, United Arab Emirates – With exactly one year to go until the FIFA World Cup 26™ kicks off across Canada, Mexico and the United States, […]
Berlin-based FinTech Payrails raises €27.7mln to Scale payment platform across Europe and MENA
Berlin, Germany – June 12, 2025 — German FinTech startup Payrails, a global payment software company, has raised €27.7 million in a Series A funding round to accelerate product innovation, scale its platform, and support commercial growth across EMEA. The funding round was led by HV Capital’s Growth Fund, with participation from existing investors EQT […]
Abu Dhabi-based proptech eVoost AI secures seed funding from Qora71
eVoost AI, an Abu Dhabi-based proptech founded in 2024 by Cristian Pastrana, raised seed funding from Qora71, marking the syndicate’s first lead investment. The startup uses emotional profiling and behavioural segmentation to deploy AI-powered virtual agents for real estate buyers, offering tailored property suggestions and analytics. Funds will go toward the global expansion of its […]
Turkey’s AI Startup VenueX Raises $1.2M to Expand into UAE and Saudi Arabia
Istanbul, June 2025 — VenueX, an Istanbul-based AI startup, has secured USD 1.2 million in a bridge funding round led by Singapore-based Orbit Startups. Other participants in the round include Re-Pie, Akkök Holding, and Akyasam. The funding will be used to fuel the company’s expansion across the Middle East and North Africa (MENA) region, with […]
Dubai’s second tokenized property on ‘PRYPCO Mint’ platform sells out in 1 minute and 58 seconds
Second project attracted 149 investors from 35 nationalities, pushing the waiting list to over 10,700 investors. The Dubai Land Department announced on Wednesday that its second tokenized property on the PRYPCO Mint platform was fully funded in a record-breaking one minute and 58 seconds, attracting 149 investors from 35 nationalities. This landmark move reinforces Dubai’s leadership in […]
Khazna Data Centers and NVIDIA collaborate To accelerate AI infrastructure development across the MEA Region
Abu Dhabi, United Arab Emirates: Aligning with growing demand for AI infrastructure, Khazna Data Centers (Khazna), a global leader in hyperscale digital infrastructure, today announced it is collaborating with NVIDIA to build AI factories in the MEA region. Following the high-profile visit of U.S. President Donald Trump to the UAE, and the announcement of a planned […]
UAE-based SANTECHTURE Secures Strategic Investment from CorroHealth to advance AI-powered RCM
Abu Dhabi – Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that global healthcare technology company CorroHealth has made a strategic investment into one of its portfolio companies, Santechture, a Dubai based pioneering revenue cycle management (RCM) intelligent technology solutions provider. The deal brings together […]
Mashreq launches NEO PLUS Saver Account for salary and non-salary customers in the UAE
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access. Through the new account salary customers can earn 6.25% interest per annum in addition to a […]
Leonteq partners with Emirates Islamic for Shari’a-compliant structured products
Leonteq announced today that it has initiated a new partnership with Emirates Islamic, one of the leading financial institutions in the United Arab Emirates (UAE), for the manufacturing and distribution of Shari’a-compliant structured products. Building on its strategic expansion into the Gulf region, Leonteq launched a Shari’a-compliant trust certificate issuance programme (the Programme) in 2022 […]
SCA and The Blockchain Center Partners to Advance UAE’s Digital Asset Ecosystem
Abu Dhabi, UAE — In a significant move to solidify the UAE’s position as a global leader in blockchain innovation and digital assets, the Securities and Commodities Authority (SCA) has signed a Memorandum of Understanding (MoU) with The Blockchain Center (ADBC). The MoU was signed by H.E. Waleed Saeed Al Awadhi, CEO of the SCA, and […]
