Mintiply Capital partners with Fuel Venture Capital to boost Startup Ecosystem in GCC

Mintiply Capital partners with Fuel Venture Capital to boost Startup Ecosystem in GCC

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 […]

stc pay Bahrain leverages Mastercard Move to enable secure money transfers to China’s Alipay

stc pay Bahrain leverages Mastercard Move to enable secure money transfers to China’s Alipay

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 […]

Emirati billionaire Hussain Sajwani to invest $20bln in US Data Centers, Trump says

Emirati billionaire Hussain Sajwani to invest $20bln in US Data Centers, Trump says

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 […]

Kuwait’s Ottu Partners with Edunation to Revolutionize Payment Processes for Educational Institutions

Kuwait’s Ottu Partners with Edunation to Revolutionize Payment Processes for Educational Institutions

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 […]

Apaya partners with Telr to accelerate Digital Commerce Growth in MENA

Apaya partners with Telr to accelerate Digital Commerce Growth in MENA

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 […]

Checkout.com and noqodi collaborate to Rrevolutionize Payment Services in the UAE

Checkout.com and noqodi collaborate to Rrevolutionize Payment Services in the UAE

The integration will streamline the payment process, reduce friction, and boost overall operational efficiency for merchants across various sectors. January 7, 2025 DUBAI, UAE: Global payment solutions provider Checkout.com, has entered a strategic partnership with noqodi, a payment gateway and financial service provider, to elevate the payment experience for businesses and consumers in the UAE. As part of […]

Orbit Startups and Sanabil Investments Launch Accelerator for Early-Stage Tech Innovation Across Saudi Arabia and MENA

Orbit Startups and Sanabil Investments Launch Accelerator for Early-Stage Tech Innovation Across Saudi Arabia and MENA

Sanabil Accelerator by Orbit to catalyze early-stage startups in high-growth sectors in Saudi Arabia and the MENA region Orbit Startups (Orbit) and Sanabil Investments announce the launch of a new accelerator program, Sanabil Accelerator by Orbit, to cultivate early stage startups from the Saudi Arabia and the Middle East and North Africa (MENA) region as […]

Zand Bank Collaborates With Klickl International To Lead Digital Asset Innovation

Zand Bank Collaborates With Klickl International To Lead Digital Asset Innovation

Dubai, United Arab Emirates: Zand, the UAE’s first fully licensed, AI-powered digital bank, has announced a collaboration with Klickl International (Klickl), a forward-thinking Web 3.0 Open Finance platform headquartered in the UAE. This collaboration highlights Klickl’s commitment to elevating its operations by utilizing Zand’s comprehensive banking products and innovative solutions. Zand recently announced that it […]

Dubai’s MilkStraw AI Secures $600K Pre-Seed Funding to Revolutionize Cloud Optimization

Dubai’s MilkStraw AI Secures $600K Pre-Seed Funding to Revolutionize Cloud Optimization

Dubai, UAE – MilkStraw AI, an innovative company building intelligent software to help startups and enterprises optimize their cloud infrastructure costs, has announced the successful closure of a $600,000 pre-seed funding round. The round was led by Flat6Labs, with additional participation from Angel Spark, Beyond Capital, and several strategic investors. Tackling Cloud Cost Challenges Founded […]

Mashreq Pakistan Becomes First Digital Retail Bank to Launch Pilot Operations with SBP Approval

Mashreq Pakistan Becomes First Digital Retail Bank to Launch Pilot Operations with SBP Approval

KARACHI: Mashreq Pakistan has become the first bank in the country to launch pilot operations as a digital retail bank, following the issuance of a restricted license from the State Bank of Pakistan (SBP). As part of the leading MENA-based financial institution Mashreq, Mashreq Pakistan has achieved key milestones since incorporating operations in 2023. These include receiving […]