Integra and SettleMint sign Memorandum of Understanding to develop AI and Blockchain-compliant real estate tokenization UAE across multiple jurisdictions. LEUVEN, Belgium, 4 June 2026 — Integra, a technology company building AI and blockchain infrastructure for real estate tokenization UAE, has selected SettleMint as its digital asset lifecycle platform partner to support the compliant, on-chain representation of real […]
Anara Impact Capital Announces First Close of $48 Million Debut Fund to Back High-Impact Startups Across MENA
MENA-focused impact venture capital firm Anara Impact Capital has announced the first close of its debut fund at $48 million, bringing it close to its target fund size of $50 million. The fund will invest in Seed and Series A startups across the Middle East and North Africa (MENA), with a focus on businesses addressing […]
Wio Bank partners with Geidea to bring business banking and financing directly to UAE SMEs
Dubai: Wio Bank PJSC, the Middle East’s leading digital banking platform, has signed a partnership agreement with Geidea, one of the MENA region’s leading fintech and merchant payment providers, to bring Wio’s business banking and financing solutions directly to SMEs through Geidea’s merchant network. The agreement was signed by Prateek Vahie, Chief Commercial Officer at […]
Abu Dhabi Islamic Bank (ADIB) integrates the UAE Wage Protection System (WPS) for Employers
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has introduced a new digital service allowing individual employers to register and pay employees’ salaries directly through the ADIB Mobile Banking app and corporate employers via the ADIB Direct app. ADIB is one of the first banks to offer this service, which is […]
Advisory firm WTW secures DFSA licence to operate investment unit in Dubai’s DIFC
Dubai – WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced that it has received approval from the Dubai Financial Services Authority (DFSA) for a licence to operate as WTW Investments (DIFC) Limited within Dubai International Financial Centre (DIFC). The approval marks a significant milestone in WTW’s strategic expansion across the Middle East […]
Emirates NBD and FAB Lead Responsible AI Adoption Rankings in Middle East and Africa Banking Sector
Two UAE banks, Emirates NBD and First Abu Dhabi Bank, have topped an index tracking the use of responsible artificial intelligence, receiving recognition for their role in narrowing the gap in adoption between the banking and finance sector in the Middle East and Africa and global peers. The lenders were ranked first and third, respectively, by […]
du launches du Ventures, a $50 million Venture Capital Fund, Appoints Shorooq as Manager
The fund gives du access to companies and emerging technologies to enhance its core services and benefit its wider digital ecosystem. Dubai, UAE: du, the leading telecom and digital services provider, today announced the launch of du Ventures, a $50 million corporate venture fund developed in partnership with Shorooq and designed to accelerate the next wave […]
ChatGPT Hits 1 Billion Monthly Active Users Faster Than Any App in History
OpenAI’s ChatGPT app reached 1 billion global monthly active users faster than any other app, Reuters reported Tuesday (June 2), citing data from Sensor Tower. The ChatGPT app reached that milestone in May, about three years after its launch, according to the report. The app is seeing year-over-year growth of 62%. Anthropic’s Claude app had 56 million global monthly active users and […]
SlashData partners with Qatar Insurance to advance digital insurance services through Wtheeq
Abu Dhabi, UAE – SlashData, a leading UAE-based govtech company, has announced a strategic partnership with Qatar Insurance (QIC) to advance digital insurance services through the adoption of Wtheeq, its platform for policy issuance and data verification. The partnership reflects a broader shift in the insurance industry, where insurers are investing in digital ecosystems that enable […]
African EV platform Spiro raises $215mln in equity to scale electric mobility and energy infrastructure across Africa
With Spiro already operating across seven of Africa’s fastest-growing urban markets, this transaction positions Spiro among the continent’s leading clean infrastructure platforms. This investment will accelerate the expansion of Spiro’s battery-swapping network, industrial footprint and next-generation electric vehicles (EV) infrastructure across high-growth African markets. As African economies push to reduce dependence on imported fuel, reinforce […]
