Qureos, an AI driven hiring platform founded in the Middle East, has closed a $5 million seed round led by Prosus Ventures and Salica Oryx Fund, with participation from Oraseya Capital, PlusVC, F6 Ventures, BDev Ventures, Sunny Side Venture Partners and Daniel Tyre, an early HubSpot executive who helped scale the company from inception to […]
PayTic, a leading fintech modernizing and automating day-to-day payment operations for banks, fintechs, and processors, today announces that Arab Bank has become the first Bank in the Middle East to adopt its platform — marking a landmark moment in the region’s payment infrastructure evolution. Founded in 2020, PayTic provides a no-code, processor-agnostic platform that automates […]
Adeo Ressi eyes multiple cities as potential regional hubs. PALO ALTO, CALIFORNIA — Adeo Ressi, CEO of Decile Group, Chairman of the Founder Institute, and inventor of the SAFE Note, is announcing plans to launch at least 100 new VC firms across the Middle East by 2028. Ressi plans to bring more Silicon Valley expertise to […]
Checkout.com selected to deliver a high-performance digital payments experience to Spotify’s global audience across 180+ countries. AI-powered optimization and advanced payment technologies will enhance performance, security, and reliability Checkout.com, a leading global digital payments provider, has announced a new strategic partnership with Spotify, the world’s most popular audio streaming subscription service. The partnership will enable […]
Beirut – Lebanon-based regtech startup HAQQ Legal AI has raised $3 million in funding to date to accelerate the development and global rollout of its Legal AI and practice management platform, the company announced today. The funding round was led by Sowlutions Ventures, with participation from HITEK Ventures, Corona Legal, IM FNDNG, Highworth, Razor Capital, […]
The UAE Federal Government is the first in the region to adopt regulated stablecoin as a mode of payment for the government services. Abu Dhabi, UAE – 2 February, 2026. In a landmark advancement for the region’s digital-government infrastructure, AE Coin has been recognized as a payment method for all federal government authorities, marking the […]
Doha, Qatar – Shorooq, a leading tech-focused multi-strategy investment firm, today announced the launch of its $200 million late-stage growth fund, backed by QIA among others at Web Summit Qatar. The Fund—launching under the Qatalyst Series—is built to support companies at a pivotal stage of maturity: businesses with proven scale, strong fundamentals, and clear pathways to […]
Abu Dhabi, United Arab Emirates, February 2, 2026: BlueFive Capital, a global investment firm, today announced that it concluded closing its Onyx Fund I. The $3 billion fund is registered with the Abu Dhabi Global Market (ADGM) and targets opportunistic technology and growth capital investments in the US and Europe. The fund will target businesses at […]
Arab Bank Group achieved strong financial performance for the year ending December 31, 2025, with a net profit after tax USD 1130 million compared to USD 1007 million in 2024, reflecting a growth of 12%. The Group’s equity position also reflects financial stability and resilience, standing at USD 13.2 billion at year-end. The impressive results were driven by […]
Abu Dhabi: In alignment with the UAE Digital Economy Strategy and the Central Bank of the UAE (CBUAE)’s commitment to advancing a secure, inclusive, and innovation-driven national payments ecosystem, the CBUAE, through its Sandbox Programme and Innovation Hub at the Emirates Institute of Finance (EIF), in collaboration with Network International, a leading fintech across the Middle East […]