Abu Dhabi: ADIB Capital Limited, located in DIFC, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC and regulated by the DFSA, has launched the ADIB Digital Infrastructure Fund, a new Sharia-compliant public fund incorporated in DIFC and designed to provide investors with targeted exposure to high-conviction investments in the listed equities of companies benefiting […]
Mastercard collaborates with Cyber Security Council to safeguard UAE’s digital ecosystem
UAE: Mastercard signed a memorandum of understanding (MoU) with the UAE Cyber Security Council (CSC) to strengthen trust in the nation’s digital ecosystem. Through this collaboration, both entities will work together to advance cybersecurity resilience by sharing global best practices and supporting the development of forward‑looking cybersecurity policies. Announced at the World Governments Summit 2026 in […]
South African fintech Lula secures $21M to expand SME lending
South African fintech Lula has secured R340 million (over $21 million) in local currency funding from the Dutch entrepreneurial development bank, FMO, a move to tackle the persistent funding gap for small businesses. The investment is aimed at dramatically expanding access to finance for small and medium enterprises (SMEs) across the country that are often […]
AI proptech Daleel raises $3 million in pre-seed round
Daleel, an AI-native real estate intelligence platform, has raised $3 million in a pre-seed funding round from a prominent real estate investor and business angel with deep ties to the Dubai property market. Founded by Ilan Cohen and Ely Weichsel, Daleel is building an AI-first intelligence layer for the GCC real estate market. The platform […]
Ecovis and Tax Star Hosts CFO Forum on Practical Compliance Readiness in the UAE
Dubai, UAE, February 2026 – ECOVIS JRB and Tax Star successfully hosted the CFO Forum: The New Compliance Stack, bringing together senior finance leaders to examine what compliance readiness looks like in practice as the UAE advances toward mandatory e-invoicing and increasingly digital tax and audit frameworks. Designed as a working forum rather than a […]
SmartCrowd, a Nawy Company, secures VARA in-principle approval for tokenised real estate platform
Dubai, UAE: SmartCrowd, a Nawy company, announced today that its tokenised real estate entity, Nawy Shares, has received In-Principle Approval (IPA) from the Virtual Assets Regulatory Authority (VARA). The approval marks a major milestone in the company’s expansion into regulated tokenised real estate and represents the final step before full authorisation, pending the completion of VARA’s […]
DXC announces strategic partnership with Euronet to expand global issuing and payments capabilities
The combined capabilities will help banks, fintechs and other financial services organizations of all sizes accelerate the launch of card issuing, credit and payment programs while simplifying operations such as reconciliation and settlement, and reducing time to market for new products and customer onboarding. Dubai, UAE: DXC Technology (NYSE: DXC), a global enterprise technology and innovation […]
Jordan’s Alefredo Edtech acquires UK’s Tutor House for $600,000 to build a unified platform for EMEA
Alefredo EdTech, a leading digital learning provider for international curricula, today announced the acquisition of Tutor House, a premier UK-based tutoring platform. This strategic move unites Alefredo’s vast library of digital content and exam resources (British, American, and IB education Systems) with Tutor House’s global network of over 30,000 qualified tutors, creating a powerful new […]
Riverbed Study Finds 92% of Decision Makers in the Financial Services Industry Agree that Improving Data Quality is Critical to AI Success
Financial Services organizations lead with a strong ROI on AIOps initiatives but only 12% have AI projects fully deployed enterprise-wide, and a substantial 62% still remain in pilot or development stages Dubai, United Arab Emirates – February 4, 2026 – Riverbed, the leader in AIOps for observability, today released Financial Services industry findings from its […]
Shorooq Signs MOU with Qatar’s PayLater to Explore Institutional-Grade Sharia-Compliant Credit Facility
UAE-based multi-strategy investment firm Shorooq has signed a Memorandum of Understanding (MOU) with PayLater, Qatar’s first Qatar Central Bank (QCB)-licensed, Sharia-compliant Buy Now, Pay Later (BNPL) provider, to explore the structuring of a scalable, institutional-grade credit facility. The proposed facility is intended to support PayLater’s next phase of growth, providing non-dilutive, Sharia-aligned credit capital tailored […]