Dubai, UAE: Direct Debit System FZ LLC (DDS), the UAE’s only non-bank paperless direct debit platform, has announced a strategic partnership with HSBC Bank Middle East Limited (UAE Branch) (HSBC) to expand access to the UAE Direct Debit System (UAEDDS) for HSBC’s new and existing client base across the UAE. The collaboration aims to modernise the […]
New collaboration brings Visa’s global payment network to one of the largest AI platforms and aims to support seamless, secure transactions and broader AI-powered use cases across commerce environments supported by agents San Francisco, 17 June 2026 – Visa (NYSE: V) today announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, […]
Abu Dhabi: His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and His Excellency Dr. Ahmet Ismaili, Governor of the Central Bank of the Republic of Kosovo (CBK), signed a Memorandum of Understanding (MoU) aimed at strengthening bilateral relations and facilitating the exchange of information and expertise in areas of mutual […]
Dubai, UAE: Alaan, the UAE’s leading spend management platform, today launched a business bank account with built-in intelligence, powered by ruya. With this launch, Alaan becomes the first fintech in the region to combine corporate cards, domestic and cross-border supplier payments, invoice automation, and accounting into a single AI-native platform. A major step in the company’s […]
Dubai, UAE — CNTXT AI, a UAE-based data and AI company that enables companies and institutions to develop AI solutions while maintaining full sovereignty over their data, announced the successful closing of a $60 million Series A funding round. The round was co-led by two of the region’s most active AI investors: AI71, Abu Dhabi’s applied AI […]
Abu Dhabi, UAE – Franklin Templeton today announced that it has secured licenses from the UAE Capital Market Authority (“CMA”) for its entity in Abu Dhabi, marking a significant step in its long-standing commitment to the United Arab Emirates. With this development, Franklin Templeton now operates across all three financial jurisdictions in the UAE onshore Abu […]
Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced that Oak Hill Advisors (OHA) a leading global credit-focused alternative investment firm, has received regulatory authorisation from the Dubai Financial Services Authority (DFSA). This follows OHA becoming the 100th hedge fund manager […]
Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding. The round was led by Pharsalus Capital, with participation from leading regional and global angel investors, including Karim Atiyeh (founder of Ramp), Hisham Al-Falih (founder of Lean Technologies), Hany Rashwan (founder of 21shares), Naguib […]
Dubai, UAE — Global property payments platform Redpin, backed by a USD $170 million investment from Blackstone, has received in-principle approval from the Dubai Financial Services Authority (DFSA) to process payments in the United Arab Emirates, marking a significant milestone in the company’s regional expansion strategy. The approval enables Redpin to extend its property payment […]
Casablanca: JAIDA and CHARI have signed a memorandum of understanding aimed at strengthening their cooperation in support of financial inclusion, the development of micro-entrepreneurship, and the backing of Social and Solidarity Economy (SSE) actors in Morocco. This collaboration is built on the complementary expertise of the two institutions. JAIDA, a subsidiary of Groupe CDG and a […]