Dubai, UAE—Deus X Pay, a regulated institutional stablecoin payment provider, is thrilled to announce its strategic payment partnership with BCB Group, a leading provider of payment and trading services for the digital asset economy. This integration offers instant settlement of fiat currencies, enabling faster, cheaper, and safer financial transactions for clients. Through this collaboration, Deus […]
and a Moroccan Business Angel in the Sports industry with public honor Loans from Tamwilcom and Near East Foundation. Casablanca January 9th 2025 We are thrilled to announce Witamax’s $600K pre-seed investment in Washminute, a groundbreaking Moroccan startup revolutionizing the smart car wash industry! Alongside Tamwilcom and a visionary business angel from the Moroccan sports […]
Dubai, UAE – Tokinvest, a trailblazing platform for Real-World Asset (RWA) investing, has achieved a groundbreaking milestone by becoming the first company within Dubai’s DMCC Free Zone to secure a full market license from the Dubai Virtual Assets Regulatory Authority (VARA). Pioneering Tokenised Investments The VARA license empowers Tokinvest to operate as a virtual asset […]
Abu Dhabi, UAE – American Express Middle East has announced its latest merchant agreement with ADNOC Distribution, the UAE’s largest fuel and convenience retailer, welcoming American Express Card payments at more than 500 ADNOC fuel stations and Oasis mini markets spread across the United Arab Emirates. This agreement is part of American Express Middle East’s […]
Arab Advisors Group released a new research report exploring the growing fintech market in the Arab World. The report expands on the current fintech landscape in the Arab region, covering the fintech regulatory frameworks, licensing, legality of cryptocurrency, fintech goals and initiatives, challenges and governmental vision for the sector in 19 Arab countries. Moreover, Arab […]
Dubai, UAE: After a successful round of funding, Teammates.ai launches a category-defining platform that drastically transforms the way businesses operate. Previously known as Uktob.ai, the rebranded platform builds on its experience in artificial intelligence (AI) agents, enabling businesses to use AI to take on entire job functions through Autonomous AI Teammates. This announcement marks a significant milestone […]
Dubai, January 13, 2025 — Halo AI, the innovative platform reshaping how brands and creators collaborate, announced the successful closing of a $6 million seed funding round. Led by Raed Ventures and Shorooq, the round also saw participation from strategic investors, including former C-level executives from Snapchat, leaders from Microsoft and Airbnb, senior executives from […]
Doha, Qatar: TESS Payments announced a strategic partnership with Al Fardan Exchange, marking a significant advancement in Qatar’s financial ecosystem. This collaboration merges TESS Payments’ innovative financial technology with Al Fardan Exchange’s longstanding reputation for trust and reliability, aiming to set a new standard for digital payments and remittances in the country. This partnership represents […]
Abu Dhabi-based alternative investment company Shorooq has announced a $9 million investment in two innovative ventures that participated in the One Billion Pitches competition, part of the 1 Billion Followers Summit held in Dubai. The three-day global content-focused event, which concluded on Monday, also contributed $4 million for these co-investment deals. Strategic Investments Shorooq will […]
Palestine/Netherlands, January 2025 — TAP, a Palestinian-Dutch company focused on creating transformative remote job opportunities for underserved youth, has raised $1 million in a funding round led by Invest International (Netherlands), with additional backing from impact-focused angel investors. This milestone will enable TAP to accelerate the development of its innovative AI-driven job-hunting platform, designed to […]