San Francisco/Lagos March 27, 2025 – Ripple, the leading provider of digital asset infrastructure for financial institutions, and payments provider Chipper Cash have announced a new partnership to support cross-border payments into Africa using Ripple Payments, which leverages digital assets for faster, cheaper, more efficient cross-border payments. By leveraging Ripple’s crypto-enabled payments solution Chipper Cash, which has […]
Dubai: Bitpanda, Europe’s leading virtual assets platform, has secured a Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority (VARA), obtaining approval in record time. The licence will allow Bitpanda to make its virtual assets platform available to investors in the UAE including access to over 500 virtual assets – the most extensive virtual assets […]
The Ajman Transport Authority, in collaboration with BPC, a global leader in payment solutions, has announced the launch of an open-loop and contactless payment system in public transport buses. Powered by BPC’s O-CITY platform, this system is a next-generation solution for fare collection in the transport sector and smart cities. Through this initiative, the Authority […]
Doha, Qatar: Mastercard has revealed its intent to set up a physical presence for its global Mastercard Academy in Doha with the aim of enhancing skill sets across the financial industry for regional and global players. The first of its kind Hub will create a learning and innovation ecosystem powered by Mastercard and business schools from […]
Abu Dhabi, UAE – Presight, a leading global big data analytics company powered by AI, today signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based program is designed to help promising AI startups gain a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the […]
The Central Bank of the UAE on Thursday introduced a new symbol for the nation’s currency, both in its physical and digital forms, marking a significant step in reinforcing the UAE’s status as a leading global financial center. According to the Emirates News Agency or WAM, the newly unveiled dirham symbol draws inspiration from the […]
Warner Bros. Discovery is taking a minority stake in Dubai-based OSN Streaming Ltd. in a bid to capture a slice of the fast-growing Middle Eastern entertainment market. Warner Bros. will pay $57 million for about a third of OSN Streaming, Joe Kawkabani, chief executive officer of parent OSN Group, said in an interview. The transaction […]
Valeo Health, a pioneering leader in AI-driven healthcare, has successfully raised $12 million in its Series B funding round, bringing its total funding raised to $20 million to date. Co-founded by Sundeep Sahni, Nadine Karadag, and Ankur Majumder, Valeo Health is redefining personalised, data-driven healthcare across the region. The round was led by Flintera, with […]
Lumi AI, a self-service data analytics and insights platform redefining how brands and retailers uncover value in their enterprise resource planning (ERP) data, is proud to announce the close of its $3.7 million seed funding round. The round was led by AgFunder, a Silicon Valley venture capital firm focused on early-stage AI startups solving supply […]
UAE: Epik Foods, the dynamic UAE-born F&B group has announced the acquisition of Sauce Capital, a prominent Abu Dhabi-based food group with a strong presence in Saudi Arabia. This milestone acquisition brings 15 new brands under the Epik Foods umbrella, reinforcing the group’s commitment to expanding its regional footprint and introducing diverse dining experiences. The acquisition […]