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 […]
Proofpoint signs definitive agreement to acquire HornetSecurity
Hornetsecurity will leverage Proofpoint’s capabilities to extend its reach and impact with Managed Service Providers (MSPs) globally with their unique cloud security solution for M365 Dubai, United Arab Emirates – Proofpoint, Inc., a leading cybersecurity and compliance company, today announced it has entered into a definitive agreement to acquire Hornetsecurity Group, a leading pan-European provider of […]
American Express Middle East celebrates 30 years of the Platinum Card with new exclusive benefits
Dubai, United Arab Emirates – American Express Middle East is celebrating the 30th anniversary of The Platinum Card® in the region unveiling exclusive benefits designed to align with the evolving aspirations of its Card Members. To celebrate this milestone, Platinum Card Members are invited to enjoy two exclusive benefits until December 31, 2025 — a new […]
Standard Chartered opens Representative Office in Morocco
Casablanca, Morocco – Standard Chartered announced the opening of its new representative office in Morocco, further expanding its footprint across the Middle East and North Africa region. The launch follows the licence approval from Bank Al-Maghrib and the award of the Casablanca Finance City status by the Casablanca Finance City Authority. The representative office will be led […]
Bank of Sharjah to be included in MSCI Global Small Cap Index
Sharjah, UAE – Bank of Sharjah (ADX: BOS) is pleased to announce that its shares will be added to the MSCI Global Small Cap Index, effective after market close on May 30, 2025, as part of MSCI’s semi-annual index review. This prestigious inclusion marks a significant milestone in Bank of Sharjah’s journey, reinforcing its position as […]
Bank al Etihad to Acquire INVESTBANK in Jordan’s Largest Banking Merger Deal
Bank al Etihad and INVESTBANK have announced that their respective Boards of Directors have approved a strategic merger under which Bank al Etihad will acquire 100% of INVESTBANK’s share capital. The acquisition will be carried out through a capital increase by Bank al Etihad, with all newly issued shares allocated to INVESTBANK shareholders in exchange […]
Checkout.com and du Pay partners to power wallet top-ups supporting fintech services
DUBAI, UAE — Leading global digital payment solutions provider Checkout.com, has entered a strategic partnership with du Pay, one of the UAE’s fastest-growing fintech platforms focused on advancing financial inclusion and accessibility across the UAE. This collaboration enables du Pay to leverage Checkout.com’s robust and scalable payments infrastructure to deliver high performance payments and elevate its core offerings, […]
AI Infrastructure startup Flam raises $14M in Series A led by RTP Global to expand to the Middle East
Source: Entrepreneur India AI infrastructure startup Flam has raised USD 14 million in a Series A funding round led by RTP Global, with participation from Dovetail and other strategic investors. This brings the San Francisco- and Bengaluru-based startup’s total funding to USD 22 million since its founding in 2021. The fresh capital will be deployed […]
Bitgrit launches world’s first blockchain network for AI assets under ADGM
The company started in Japan and expanded to the UAE in 2021 after being selected for Hub71, Abu Dhabi’s premier startup acceleration program. Bitgrit, a leading global AI startup, has officially established a DLT Foundation under the regulatory framework of ADGM. This milestone marks a significant step towards the launch of their BGR Network, one […]
Botim officially launches ‘Send Now, Pay Later’ feature to enhance financial flexibility for UAE expats
Dubai, United Arab Emirates – Astra Tech, the UAE-based consumer technology holding group, has announced the launch of the ‘Send Now, Pay Later’ (SNPL) feature within its Botim Ultra App. This feature enables users to instantly remit up to AED 5,000 to over 200 countries, offering them the flexibility to repay over a period of six […]
