TerraPay, a global money movement company, has joined forces with Dubai Duty Free (DDF), the world’s largest single airport retailer, to revolutionize the shopping experience for over 100 million customers. This strategic partnership enables travellers to make purchases using their home-country digital wallets, driving a new era of convenience and accessibility in payment solutions. Through […]
Kuwait: Kuwait Credit Information Network Company (CINET) launched the credit information exchange with the Bahrain Credit Reference Bureau, operated by the BENEFIT Company, to facilitate commercial credit inquiries between Kuwait and Bahrain. This step comes in line with the GCC Supreme Council decision approving the exchange of credit information between GCC member states. The agreement was […]
Abu Dhabi – Smpl Fund I, a $10 million venture capital fund launched by Smpl Holdings, has announced a strategic investment of $250,000 in multiple AI and technology companies within the Qora71 portfolio. Smpl Fund I, which focuses on supporting AI and tech startups across the MENA region and beyond, provides seed capital alongside hands-on strategic support […]
Dubai, UAE: The Dubai Financial Services Authority (DFSA) today announced the release of its Business Plan for 2025-2026, Advancing Regulatory Excellence and Innovation within the Dubai International Financial Centre. Aligned with Dubai’s Economic Agenda D33, Digital Dubai, and the DIFC 2030 Strategy, the Plan sets out the DFSA’s vision to reinforce the Dubai International Financial Centre (DIFC) as a […]
UAE-based qeen.ai, a leading provider of agentic AI solutions for e-commerce, announces it has raised $10 million in funding—one of the largest seed investments in the MENA region to date. The funding was led by Prosus Ventures, with participation from existing investors including Wamda Capital, 10x Founders and Dara Holdings. This brings qeen.ai’s total funding […]
Dubai, UAE – Mastercard has joined forces with Payrails, a payment technology company, to accelerate digital payment transformation and foster innovation tailored to the needs of large enterprises. Through this partnership, the two companies aim to provide efficient payment solutions that enable global businesses to streamline complex transactions, boost flexibility, and optimize financial operations. Combining Payrails’ […]
Abu Dhabi, UAE – Arcapita Group Holdings Limited (“Arcapita”), a global leader in alternative investments, announces its license to operate from ADGM and the opening its new office in Abu Dhabi. The launch of Arcapita Investment Management Limited is part of Arcapita’s strategic expansion in the region. Stéphane Brown, Group COO, has been appointed as Senior […]
Muscat. In line with its intuitive efforts to empower Small and Medium Enterprises (SMEs) through well-articulated solutions, ahlibank has recently announced the launch of its Point of Sale (POS) Financing Program for SMEs. The new program is geared towards SMEs who are willing to use, or are already using, ahlibank’s POS machines, granting short/medium term loans […]
Dubai, United Arab Emirates — In an exciting partnership that sets a new benchmark in the UAE rental market, Keyper has joined forces with the First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, and Dubai First in partnership with Mastercard to make Keyper’s one-of-a-kind Rent Now, […]
Fully available in the UAE, Saudi Arabia, Egypt, Morocco, and Iraq—with more countries launching soon. Dubai, UAE: Today, Meta announced the expansion of its AI assistant, Meta AI, to the Middle East and North Africa, empowering users in the region with a tool to learn, create and connect to the things and people they care about […]