Abu Dhabi, UAE – July 16, 2024 – Al Maryah Community Bank (Mbank) proudly announces a strategic partnership with First Abu Dhabi Bank (FAB) that will reshape the local financial services landscape and expand Mbank’s geographical reach. This collaboration introduces an open banking opportunity that integrates Mbank’s services with FABePay portal. The partnership enables both […]
Dubai, UAE – July 15, 2024 – Tokinvest, a pioneering marketplace for real-world asset tokenisation, has announced the successful completion of a $500,000 pre-seed funding round. This round attracted several strategic investors, including Michael Ourabah, CEO of BSO, underscoring strong confidence in Tokinvest’s innovative platform and future potential. Tokinvest offers a cutting-edge marketplace that bridges […]
Doha, Qatar – QNB, the largest financial institution in the Middle East and Africa, has announced a landmark agreement with India’s NPCI International Payments Limited (NIPL) to introduce QR code-based Unified Payments Interface (UPI) merchant payments across Qatar. This initiative represents a significant milestone, enabling UPI payment acceptance through QNB’s extensive merchant network, and providing […]
44.01, a pioneering climate technology company, announced the completion of a $37 million Series A funding round. The round was led by Equinor Ventures and Shorooq Partners, alongside notable investors such as Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A Ventures, Salica Oryx Fund, Siemens […]
Dubai, UAE – July 15, 2024 – Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, has announced a strategic partnership with Reem Finance, a premier financial services provider in the UAE. This alliance aims to leverage Network’s expertise to provide a comprehensive payments processing solution, supporting Reem Finance’s […]
Dubai, UAE – Watermelon Ecosystem, a rapidly growing startup transforming the food and beverage (F&B) industry, has successfully closed its $4 million Series A funding round. The new investment, which grants investors a 13.8% capital shareholding, implies a post-money valuation of $29 million for the company. This follows a successful seed round concluded in 2022. […]
Dubai, UAE – Pyypl, a leading fintech company in the Middle East and Africa (MEA) region, has announced a significant partnership with Visa, enabling it to issue both virtual and physical prepaid Visa cards. This collaboration marks a major milestone in Pyypl’s mission to democratize access to financial services across the MEA region. Through its […]
Ajman, UAE – Ajman Bank has launched the Ajman Bank AccelRight Business Credit Card in partnership with Visa, marking a significant step forward in providing tailored financial solutions for businesses in the UAE. The Memorandum of Understanding between Ajman Bank and Visa was signed during an exclusive ceremony attended by Mr. Mustafa Al Khalfawi, CEO […]
Mastercard is proud to announce a strategic partnership with Global Hotel Alliance (GHA), aimed at enhancing the travel experiences of our esteemed cardholders. This collaboration is set to deliver exceptional value through bespoke cobranded cards, catering to the needs of affluent travelers. GHA, the world’s largest independent hotel alliance, includes renowned brands such as Anantara, […]
Al Ahli Bank of Kuwait (ABK) is proud to announce its strategic partnership with Network International (Network), a leading enabler of digital commerce in the Middle East and Africa. This collaboration marks a significant milestone in enhancing e-commerce solutions for ABK merchants. Through this partnership, ABK will leverage Network’s expertise to equip its merchants with […]