DUBAI – Dubai-based Seafood Souq has announced an exclusive partnership with Argentine seafood supplier Newsan Food, marking a significant milestone in direct seafood exports from Argentina to the Gulf Cooperation Council (GCC) region and beyond. This strategic alliance, unveiled in a recent press release, grants Seafood Souq a unique commercial privilege, positioning it as the […]
Stake, a Real Estate investment Platform joins Dubai Land Department’s Pioneering Initiative ‘REES’ to Transform Real Estate Investment Landscape
Dubai, June 20, 2024 – The Dubai Land Department (DLD) has announced the inclusion of the ‘Stake‘ real estate investment platform into its Real Estate Evolution Space Initiative (REES). This initiative aims to position Dubai as a global leader in real estate technology and artificial intelligence, expanding property accessibility and ownership opportunities while increasing community […]
Magnati Announces Acceptance of Jaywan Card across its Merchant Network
Abu Dhabi, UAE – 13 June 2024: Magnati, a leading payments solutions provider in the Middle East region, has partnered with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, to enable acceptance of the newly launched Jaywan card on the payment terminals offered by Magnati to its merchants. Jaywan is the […]
UAE-Based Shorooq Partners Makes First Investment In Türkiye By Leading A US$5 Million Seed Round In Traveltech Startup Roamless
Dubai, UAE – Shorooq Partners, the UAE-based alternative investment manager renowned for its investments across the MENA region, has made its first foray into Türkiye’s entrepreneurial ecosystem. The firm led a $5 million seed round in Roamless, a traveltech startup aiming to revolutionize travel connectivity. The seed round also saw significant participation from notable venture […]
NOW Money Secures $4 Million in Investment for Business Expansion and Technological Advancements
Dubai, UAE – June 12, 2024 – NOW Money, a leading inclusive banking and payroll FinTech company, has successfully closed a $4 million equity round. This investment marks the second round of funding since the company’s acquisition led by Mark Nutter and Nicolas Andine in 2023. NOW Money is dedicated to providing secure digital banking […]
Tenderd secures $30mln in Series A funding led by A.P. Moller Holding
Tenderd, a global leader in digital transformation for heavy equipment management and operations, has successfully closed a $30 million Series A funding round. The round was led by A.P. Moller Holding, the $32 billion investment arm of the A.P. Moller Group, which includes A.P. Moller – Maersk. New investors Quadri Ventures and Saurya Prakash, a […]
Worldwide Cash Express and TerraPay Forge Strategic Partnership to Enhance Cross-Border Payments
Worldwide Cash Express, a leading global provider of money transfer services and a subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), today announced a strategic partnership with TerraPay, a global money movement company. This collaboration aims to enhance cross-border payment solutions, offering clients faster, more secure, and cost-effective services. The partnership allows Worldwide Cash […]
Mamo Partners with Chargeblast to Combat Chargebacks for Online Merchants
Mamo, a leading financial technology company, is excited to announce its new partnership with Chargeblast, an innovative online solution designed to help merchants significantly reduce chargeback rates through early detection. This collaboration marks a significant advancement for businesses seeking to protect their revenue streams in the online payment landscape. Chargebacks remain the single biggest cause […]
Fintech Galaxy and Yabx Partner to Enhance Financial Inclusion in MENA Region with Open Banking-Enabled Lending
– The partnership aims to improve access to financial services for underserved segments in the MENA region through innovative digital lending solutions.– Fintech Galaxy’s FINX Connect will streamline Yabx’s lending processes, enhance credit assessments, and speed up loan approvals.– The use of FINX Connect is expected to improve operational efficiencies and recovery of debts by […]
SkipCash Announces Strategic Partnership with Techno Q to Revolutionize Customer Payment Experience
Doha, Qatar – June 10, 2024 – SkipCash, a pioneering digital payment solution, proudly announces a strategic partnership with Techno Q, one of the leading technology services providers. This collaboration aims not only to simplify the customer payment experience but also to optimize the collection process and enhance integration capabilities. This partnership marks a significant […]
