JCB and Arab Bank launch JCB merchant acquiring operations across Jordan

JCB and Arab Bank launch JCB merchant acquiring operations across Jordan

TOKYO & AMMAN – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. and Arab Bank plc are delighted to announce the launch of the JCB merchant acquiring operations across Jordan, enabling JCB cardmembers to make payments seamlessly through Arab Bank’s POS terminal network. Mr. Yacoub Matouk, Head of Consumer Banking at […]

Bybit and Ghaf Labs announce strategic partnership to accelerate Web3 adoption in the Middle East

Bybit and Ghaf Labs announce strategic partnership to accelerate Web3 adoption in the Middle East

DUBAI, United Arab Emirates — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Ghaf Labs, a MENA-based Web3 boutique advisory and consultancy firm, have signed a Memorandum of Understanding (MOU) to enter a multi-year strategic partnership. The alliance aims to drive crypto adoption, ecosystem development, and real-world utility across the Middle East and North Africa […]

Alibaba Cloud expands fintech footprint with Lulu Financial Holdings and Ant Digital Technologies AI partnerships

Alibaba Cloud expands fintech footprint with Lulu Financial Holdings and Ant Digital Technologies AI partnerships

Dubai, The United Arab Emirates – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced its strategic partnerships with LuLu Financial Holdings(“LuluFin”), a leading UAE-based financial services company and Ant Digital Technologies during the Dubai Fintech Summit 2025. These collaborations underscore Alibaba Cloud’s ongoing commitments to supporting the region’s digital transformation by […]

Amwal Capital Partners Launches $150 Million Shariah-Compliant Financing Fund to Support SMEs in GCC

Amwal Capital Partners Launches $150 Million Shariah-Compliant Financing Fund to Support SMEs in GCC

DUBAI, UNITED ARAB EMIRATES – Amwal Capital Partners, an independent alternative investment firm with offices in Dubai and Riyadh, today announced the successful launch and first close of its Shariah-compliant financing fund. The fund is designed to address the rising demand for ethical, Shariah-compliant financing solutions from investors, and flexible capital for small and medium-sized enterprises […]

Mbank Provides AED Escrow Account Services to Changer.ae Clients Enabling Secure and Regulated Dirham to Crypto Conversions

Mbank Provides AED Escrow Account Services to Changer.ae Clients Enabling Secure and Regulated Dirham to Crypto Conversions

In a significant step toward bridging the gap between traditional finance and the digital asset economy, Mbank provides AED Escrow Account Services to Changer.ae clients enabling secure and regulated dirham to crypto conversions and trades executed at the Changer.ae platform. Through this service, customers can safely utilize a Dirham escrow account powered by Al Maryah […]

UAE’s AqlanX secures $10mln investment from DoxAI to launch Arabic-first enterprise AI in the Middle East

UAE’s AqlanX secures $10mln investment from DoxAI to launch Arabic-first enterprise AI in the Middle East

HE Dr Thani Al Zeyoudi: “This collaboration demonstrates the power of the NextGen FDI program and underscores our commitment to fostering an innovative ecosystem.” Dubai, UAE: AqlanX, a UAE-based artificial intelligence company, today announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The […]

IHC launches AI-Driven Reinsurance Platform in ADGM, Partners with BlackRock and Lunate

IHC launches AI-Driven Reinsurance Platform in ADGM, Partners with BlackRock and Lunate

Backed by over $1 billion in initial equity commitments; targeting $10 billion in liabilities AI-native approach at the core of the reinsurance platform to enhance data and market analytics, and optimize capital efficiency Enabled by a strategic partnership with BlackRock, who will deliver best-in-class asset management, advisory and technology capabilities Lunate will also be a partner, […]

Du collaborates with Ignyte to empower SMEs Growth in the UAE

Du collaborates with Ignyte to empower SMEs Growth in the UAE

Partnership offers significant benefits, including free annual Ignyte memberships, exclusive plan discounts, and a collaboration on the Ignyte challenge to solve real-world problems for small businesses to accelerate SME growth in alignment with the UAE’s vision for a sustainable, innovative economy. Dubai, UAE: du, the leading telecom and digital services provider, today announced its strategic partnership […]

Indian Flipspaces secures $35 million to expand Tech-Led Commercial Interior Design Operations in the UAE

Indian Flipspaces secures $35 million to expand Tech-Led Commercial Interior Design Operations in the UAE

Tech-led commercial interior design and build startup Flipspaces has secured USD 35 million in a fresh funding round comprising a mix of primary and secondary capital. The round was led by Iron Pillar, with continued backing from Prudent Investment Managers and new participation from Synergy Capital. Founded in 2015 by Kunal Sharma, Ankur Muchhal, Vikash […]