Abu Dhabi: AIREV, the UAE artificial intelligence start-up that is one of the fastest-growing AI companies in the Gulf region, has secured investment from Irish-based venture private equity firm Venturewave Capital. The capital injection will be deployed to support AIREV’s rapid growth trajectory as it scales one of the world’s first AI operating systems – ‘On-Demand’. […]
PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting […]
Dubai, UAE: Dubizzle Group (“Dubizzle” or the “Group”), the MENA region’s premier digital marketplace group, today announces the acquisition of Property Monitor, a leading real-estate market intelligence platform in the UAE. The acquisition of Property Monitor reinforces Dubizzle Group’s leadership in real estate classifieds and technology through a portfolio of market-leading brands, including Bayut and […]
Dubai, United Arab Emirates: Relm Insurance – the only insurer dedicated to emerging sectors – and Liva Insurance, a leading insurance provider operating across the GCC, today announced UAE Central Bank approval for their dedicated multi-line insurance solution for WEB3 businesses – SIGMAWEB3, and its tailored version for VARA-regulated companies, SIGMAWEB3 VARA. This milestone follows the signing of Relm and […]
Dubai, UAE – Quiqup, a UAE-based e-commerce logistics provider, has successfully launched its core fulfillment and delivery services in Saudi Arabia, marking a major milestone in its regional expansion. This move is backed by the strategic support of the Mohammed bin Rashid Innovation Fund (MBRIF), which has played a pivotal role in helping Quiqup expand its […]
Muscat – Ahlibank’s board of directors has accepted the merger proposal outlined in a letter of intent submitted by Sohar International Bank. On Monday, Sohar International announced its intention to explore a potential merger with Ahlibank and formally presented its proposal through a letter of intent to Ahlibank’s board. Ahlibank’s board convened on Thursday to review […]
UAE: BKN301 Group, a global fintech specialising in Banking-as-a-Service (BaaS), with key operations in MENA, has successfully closed a USD23.8 million capital increase. This will support the Group’s global growth, including exploring expansion into the United Arab Emirates and Saudi Arabia, as well as enhancing the firm’s proprietary BaaS Orchestrator platform. BKN301 operates in the Middle East, […]
Emirates NBD and Visa partnership will offer existing bank’s customers faster, secure and quicker means to send money to Visa cardholders within the GCC. Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has partnered with Visa, a global leader in digital payments, to become the first […]
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, and Ruya Islamic Community Bank or “ruya”, a leading digital-first Islamic community bank, are thrilled to announce that they have signed a strategic partnership aimed at enhancing financial inclusivity and convenience for customers […]
nmbr launches campaign to replace the traditional phone number with a global, user-owned, internet-based identity. April 14, 2025 — Dubai. — What if you could own a piece of the next big thing — just by signing up early? That’s the premise behind nmbr, a bold new startup aiming to reinvent how the world communicates. […]