MUSCAT – Mashreq, one of the leading financial institutions in the MENA region, has announced its entry into Oman, seeking to strengthen its position with a range of personalized financial services tailored for the Sultanate’s evolving corporate and public sectors. This strategic move underscores Mashreq’s intent to contribute to Oman’s Vision 2040, with ambitions to […]
Dubai, United Arab Emirates and Manama, Bahrain: Daleel, the Middle East’s personalized financial marketplace, has announced its expansion into the UAE. Daleel, which was founded in Bahrain, has seen unprecedented success and popularity in its home fintech market, seamlessly bridging the gap between customers and financial institutions through its innovative platform. Its strategic growth coincides with […]
London – Bitcoin soared to a record high of $109,241 on Monday as anticipation grew over Donald Trump’s impending inauguration as the next U.S. president. The cryptocurrency briefly surged past the historic milestone before settling at around $107,500. The world’s largest cryptocurrency has been on a remarkable rally since Trump’s victory in November’s presidential election, […]
Muscat, Oman – Sampo AI, a pioneering startup specializing in dynamic pricing solutions for e-commerce, has announced the successful closure of its pre-seed funding round, raising $750,000. This milestone marks the largest pre-seed investment in Oman. The round was co-led by Omantel Innovation Labs and Waad VC, with participation from Hexnture and several prominent Saudi […]
His Excellency Ambassador Mr. Naveed Safdar Bokhari served as the Chief Guest at the award ceremony of a cricket tournament organized for the blue-collar community at Pakistan School Muscat. The event was co-sponsored by the National Bank of Pakistan, United Arab Emirates, and Al Jadeed Exchange, Oman. In his address, the Ambassador commended the organizers […]
Abu Dhabi, UAE – Wio Securities LLC, the region’s leading digital investment platform, has announced a new collaboration between Wio Invest and Lunate, an Abu Dhabi-based, global alternative investment manager, and the region’s leading ETF provider, to offer UAE investors with automated and innovative investment options. Through this collaboration, Wio Invest introduces recurring orders for […]
Dubai, UAE: IFZA, Dubai’s most dynamic free zone community, recently signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, to provide seamless support and innovative financial solutions to businesses within the IFZA ecosystem. The partnership reinforces a shared commitment of both parties to provide quick […]
Dubai, UAE – Citi and Mastercard have partnered to launch the Citi Ultima Mastercard credit card in the UAE. The card, which is new to market, was introduced to select clients at a Citigold Private Client exclusive Gala Dinner in Dubai. Building on Citi Wealth’s full suite of offerings, the exclusive all-metal card aims to […]
Dubai, UAE – Sigma Capital, a Web3 early-stage venture capital (VC) firm operating across the GCC, has announced the launch of a US$100 million fund aimed at accelerating Web3 innovation in the Middle East and globally. The fund will focus on early-stage investments in decentralized finance (DeFi), blockchain infrastructure, real-world asset tokenization, gaming, and the […]
UAE-based Opteam, an innovative AI-driven construction management software, has announced today that it has successfully closed its pre-seed round for an undisclosed amount from Plus VC, MENA’s most active venture capital firm, to accelerate its mission of transforming the construction industry. Other strategic investors who participated in the seed round are Dar Ventures, the VC […]