The RAFAL pilot will serve as a national feasibility benchmark for the future of tokenized property markets in Saudi Arabia. Saudi Arabia – droppRWA, a subsidiary of droppGroup, the world’s leading provider of sovereign-grade Web3 AI and blockchain infrastructure, today announced a landmark partnership with RAFAL Real Estate Co., one of Saudi Arabia’s leading developers, to execute […]
Abu Dhabi, UAE – Meedaf, an ADGM-licensed entity launched in April 2025 to serve financial institutions across the GCC, proudly announces a strategic joint venture with Brink’s a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. This collaboration is set to revolutionize the cash management and ATM managed services […]
Creative financing deal between major banking and industrial institutions aligns with the UAE’s Net Zero by 2050 Strategic Initiative. Collaboration highlights Emirates NBD and Siemens’ commitment to expand the integration of energy efficiency measures by combining green tech and credit solutions Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and […]
Brings significant experience in large sums assured and managing complex customer scenarios to the Middle East. Dubai – Transamerica Life Bermuda, the global high-net-worth (HNW) life insurer, has been granted a licence by the Dubai Financial Services Authority (DFSA) to establish a presence in Dubai International Financial Centre (DIFC), the leading global financial centre in the […]
ADGM, the international financial centre of the UAE capital, has accomplished another quarter of robust growth and increased global recognition, sustaining momentum from a record-breaking 2024. In Q1 2025, ADGM achieved significant growth across key metrics, supported by ongoing global investor confidence, regulatory enhancements, and the successful implementation of major initiatives within its expanded jurisdiction […]
Riyadh, Saudi Arabia – June 5, 2025 — Emirates NBD Capital KSA, the investment arm of Emirates NBD Group in Saudi Arabia, has received approval from the Capital Market Authority (CMA) to launch a new public fund in the Kingdom. The newly approved “ENBDC Saudi Equity Freestyle Fund” will offer investors access to Saudi equities, […]
Dubai, UAE: At its Annual General Meeting, the Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), unveiled highlights from its 2024 performance, celebrating a year of strategic growth, deepened alignment with Dubai’s economic vision, and bold steps toward fostering a resilient, inclusive innovation ecosystem. […]
Dubai, UAE – Ctrl Alt, a leading tokenization infrastructure platform, has officially secured its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP). Notably, Ctrl Alt is the first VASP authorized to conduct issuer-related services. This milestone marks a significant step in Ctrl Alt’s global expansion and highlights its commitment to operating within […]
Kumulus Water, a Tunisia-based WaterTech startup that turns air into clean drinking water, has raised $3.5 million in seed funding to expand its operations and scale its atmospheric water generation technology, a company statement showed on Tuesday. Funding details The round was backed by Bpifrance (via France 2030 SGPI and the Île-de-France Region), regional VCs […]
Despite widespread adoption of eCommerce in UAE, opportunity remains for retailers to enhance checkout experience and increase customer satisfaction. The need to manually enter card details, and security concerns are major pain points for consumers shopping online, resulting in lost revenue for businesses Two-thirds of respondents trust biometric authentication more than traditional methods such as […]