EDGE and FAB sign strategic agreement to build a resilient financial ecosystem

EDGE and FAB sign strategic agreement to build a resilient financial ecosystem

EDGE will leverage FAB’s Supply Chain Finance (SCF) solution for innovative financing opportunities at all stages of EDGE’s supply chain, while the AI-powered Treasury Management System (TMS) will automate treasury operations. Abu Dhabi, UAE: EDGE Group, one of the world’s leading advanced technology and defence groups, has entered a strategic partnership with First Abu Dhabi Bank […]

GetTransfer.com Joins Mastercard Business Bonus Program

GetTransfer.com Joins Mastercard Business Bonus Program

GetTransfer.com is excited to announce that it is now available through the Mastercard Business Bonus program, unlocking benefits for both its new and returning small business users across Europe. The Mastercard Business Bonus program is designed to help small and medium-sized businesses save money and benefit from innovative resources and digital tools. Now, as a […]

BankDhofar unveils ‘Laha’ – A motor insurance solution designed exclusively for women

BankDhofar unveils ‘Laha’ – A motor insurance solution designed exclusively for women

This launch underscores BankDhofar’s commitment to innovation, inclusivity, and customer-centric financial services. MUSCAT: BankDhofar, Oman’s second-largest bank by branch network, has introduced ‘Laha’, a unique motor insurance product created exclusively for women. This launch underscores BankDhofar’s commitment to innovation, inclusivity, and customer-centric financial services. Developed in partnership with Dhofar Insurance, one of the largest insurance […]

BingX launches $150mln shield fund to set a new benchmark for user protection

BingX launches $150mln shield fund to set a new benchmark for user protection

UAE, Dubai – BingX, a leading global cryptocurrency exchange and Web3 AI company, has introduced the Shield Fund, a permanent $150 million safety reserve designed to safeguard users against unexpected incidents, including technical vulnerabilities, security risks, or malicious cyber threats on the platform. Unlike conventional insurance models, the Shield Fund is entirely self-funded and always active, […]

IBM sets the course to build world’s first large-scale, fault-tolerant quantum computer by 2029

IBM sets the course to build world’s first large-scale, fault-tolerant quantum computer by 2029

Breakthrough research defines key elements for an efficient fault-tolerant architecture – charting the first viable path toward a system projected to run 20,000 times more operations than today’s quantum computers Representing the computational state of IBM Starling would require the memory of more than a quindecillion (10^48) of the world’s most powerful supercomputers Dubai, United […]

PRYPCO Mint unveils second tokenised property as Dubai expands blockchain real estate after historic sell-out

PRYPCO Mint unveils second tokenised property as Dubai expands blockchain real estate after historic sell-out

A new on-chain property goes live on 11 June, reinforcing Dubai’s leadership in real estate innovation, accessibility, and digital transformation. Dubai, UAE – Following the landmark success of its inaugural tokenised property, which was fully funded in under 24 hours, PRYPCO Mint has announced the launch of its second tokenised listing, set to go live on […]

UAE’s Legal tech startup Qanooni Secures $2M to Advance Legal AI

UAE’s Legal tech startup Qanooni Secures $2M to Advance Legal AI

Dubai, UAE – Legal tech startup Qanooni has raised $2 million in seed funding to transform the way legal professionals interact with AI. The round was led by Village Global, with participation from Salica Investments’ Oryx Fund, TA Ventures, and a group of strategic angel investors. The fresh capital will be used to accelerate Qanooni’s expansion […]

ADGM is the MENA region's largest IFC with 11,128 active licences at the end of H1 2025

ADGM FSRA implement amendments to its Digital Asset Regulatory Framework

ADGM implemented amendments to its regulatory framework for digital assets to streamline the process by which Virtual Assets are accepted for use within ADGM, alongside refinements to capital requirements and fees. Abu Dhabi, UAE: The Financial Services Authority (FSRA) of ADGM today announced the implementation of amendments to its regulatory framework for digital assets, with immediate effect. […]

Ajman Bank partners with Azimut Group to offer investment advisory and opportunities to its clients

Ajman Bank partners with Azimut Group to offer investment advisory and opportunities to its clients

Ajman, UAE – Ajman Bank has signed a distribution agreement with Azimut (DIFC) Limited, a subsidiary of the global asset management firm Azimut Group, to expand the range of investment solutions available to its wealth management clients. The agreement brings together Ajman Bank’s growing wealth platform with Azimut’s international investment expertise, enabling clients to access a […]

NBK exclusively partners with Harrods to launch Kuwait’s first ‘NBK-Harrods Visa Infinite Credit Card’

NBK exclusively partners with Harrods to launch Kuwait’s first ‘NBK-Harrods Visa Infinite Credit Card’

Al-Othman: NBK Reinforces leadership in Premium banking with the launch of Kuwait’s first luxury Retail credit card Unitt: Harrods Expands its prestigous rewards programme to customers in Kuwait though an exclusive partnership with NBK Singh: Visa Strengthens Strategic Partnership with NBK to Bring Harrods luxury experience closer to Kuwait A suite of exclusive benefits for cardholders […]