Riyadh, Saudi Arabia – Careem Rides, in partnership with CarbonSifr, a climate-tech company participating in the Sedrah Program under the Ministry of Environment, Water, and Agriculture (MEWA), has launched an eco-friendly ride option in Saudi Arabia. This initiative aligns with the Kingdom’s Vision 2030 sustainability goals and emphasizes reducing carbon emissions through reforestation efforts. The […]
Etihad Credit Insurance (ECI), the UAE’s Federal Export Credit Company, signed a Memorandum of Understanding (MoU) with Al Maryah Community Bank, the country’s first local digital bank licensed by the Central Bank of the UAE (CBUAE). The agreement positions the bank as a key partner of ECI’s ‘Xport Xponential,’ an initiative designed to enhance the […]
The collaboration will enable token-based financing for the group’s assets, which are valued at a minimum of $1 billion. Dubai, UAE – MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs), has signed a groundbreaking US$1 billion agreement with Dubai-headquartered investment conglomerate DAMAC Group. This partnership aims to tokenize DAMAC’s diverse portfolio of […]
The innovative solution helps verify cryptocurrency interactions among consumers and businesses using blockchain networks CoinMENA, ATAIX Eurasia and Intebix join the Mastercard Crypto Credential pilot ecosystem, expanding availability in the Middle East and Eastern Europe Crypto-wallet-as-a-service provider Fuze also joins to extend the reach to more businesses and consumers in the region Dubai, UAE; 9 […]
Dubai, UAE: Commercial Bank International (CBI), a leading UAE bank, has announced a strategic investment in Boomitra, a pioneering carbon project developer and Earthshot Prize winner. This partnership aims to enhance regenerative agriculture initiatives across the Middle East, Africa, and Asia by leveraging AI-enabled solutions to empower farming communities and boost climate resilience. CBI’s investment […]
Dubai, UAE – Mintiply Capital, a UAE-based advisory and investment banking firm specializing in mergers and acquisitions (M&As) and alternative investments, has announced a strategic partnership with US-based Fuel Venture Capital. This collaboration aims to bolster startup investments across the Gulf Cooperation Council (GCC) region, with a particular focus on the UAE. The two firms […]
Manama, Bahrain, January 7, 2025: stc pay, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, is leveraging Mastercard Move to become the first company in the country offering secure and efficient remittances to Alipay, China’s leading digital open platform under Ant Group. This builds on Mastercard Move’s connection to Alipay earlier this year to enable […]
Palm Beach, Florida: Emirati billionaire Hussain Sajwani has announced a staggering $20 billion investment in the burgeoning U.S. data center industry over the coming years. The announcement was made alongside U.S. President-elect Donald Trump during an event at Trump’s Mar-a-Lago residence in Palm Beach, Florida. Sajwani, chairman of Dubai-based property giant DAMAC, expressed optimism about […]
Here’s the news article in a professional format: January 8, 2025 – In a groundbreaking collaboration aimed at transforming the Edutech ecosystem, Ottu, a leading online payment management solution provider in the GCC, has announced its strategic partnership with Edunation, a premier provider of innovative e-learning platforms. This partnership marks a significant step toward simplifying […]
Dubai, United Arab Emirates: Apaya, the leading commerce automation platform in the Middle East and Africa, today announced a strategic partnership with Telr, the award-winning online payment gateway in the MENA region, which serves over 30,000 merchants. This partnership combines Telr’s comprehensive payment solutions in the UAE, KSA, Bahrain, and Jordan, with Apaya’s no-code commerce […]