Dubai, United Arab Emirates – In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold. Founded to democratize […]
Dubai, UAE: Salik Company PJSC (Salik), the exclusive toll gate operator of the Emirate of Dubai, has announced the signing of a Memorandum of Understanding (MoU) with ENOC Group, a leading integrated global energy player, to develop smart and seamless payment solutions that enhance the customer experience at ENOC service stations. The Memorandum of Understanding (MoU) […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its new Business Banking Diamond account. The account is a premium and bespoke offering crafted to deliver a superlative banking experience for the sophisticated financial needs of high-value Small and Medium Enterprises (SMEs) and established businesses. The launch was […]
Abu Dhabi, UAE: CPX Holding, a leading provider of cutting-edge cyber and physical security solutions and services, today announced the acquisition of spiderSilk, a pioneering cyber-AI product company renowned for its proprietary AI-powered defensive technologies, including the flagship exposure management platform, Resonance. The acquisition combines CPX’s trusted end-to-end expertise in threat detection, analysis, and remediation with […]
May 8, 2025 – Emirates Petroleum Company PJSC (Emarat) and Crypto.com today announced an innovative partnership to enable cryptocurrency services at Emarat service stations via Crypto.com (subject to regulatory approval). Emarat is a pioneering petroleum company with more than 155 service stations across the UAE. With Crypto.com, merchants can utilize crypto and digital asset services as […]
Singapore — XWeave, a non-custodial cross-border payments platform leveraging stablecoins, has announced the close of its $3 million seed funding round. The round was led by Jungle Ventures through its First Cheque@Jungle program, along with Lightshift. The funding also saw follow-on investment from Menyala, a venture studio founded by Singaporean sovereign wealth fund Temasek, and new […]
Sharjah, UAE – Bank of Sharjah has announced a strong start to 2025, posting a net profit of AED 116 million for the first quarter ended March 31, 2025, marking a 45% increase compared to AED 80 million in Q1 2024. The solid performance follows the Bank’s remarkable turnaround in 2024 and reflects continued momentum driven […]
Dubai, UAE – In a strategic move set to redefine customer loyalty and retail banking in the UAE, Landmark Group and Abu Dhabi Commercial Bank (ADCB) have officially launched the Shukran ADCB Credit Card. This powerful collaboration brings together Landmark Group’s flagship loyalty programme, Shukran, with ADCB’s robust retail banking capabilities. The announcement was made […]
United Arab Emirates: Visa, a global payments technology leader, and Whish Money SAL, a leading regional fintech, are pleased to announce one of the most strategic partnerships in the region. This partnership will enable Whish to leverage Visa’s advanced services and technology for payments and money movement, while allowing Visa to expand its service offerings to […]
Dubai, UAE: Endocare, a leading metabolic health company dedicated to transforming lives by bridging innovative treatments with personalised care, has proudly announced the successful closing of its financing for its Middle East expansion. The milestone marks a significant step as the company progresses to scale its operations while simultaneously advancing its mission of delivering cutting-edge healthcare […]