The approval underscores Emirates NBD commitment to India’s growing economy and positions the bank to unlock India-Middle East capital flows Dubai: Emirates NBD Capital, the investment banking arm of Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced it has received regulatory approval for a Category I Merchant […]
Dubai, United Arab Emirates: Dubai Insurance has announced the launch of the first digital wallet for crypto assets in the UAE insurance sector, developed in partnership with Zodia Custody. The new digital wallet enables secure, transparent receipt of premiums and payment of insurance claims in digital assets, marking a major milestone in the sector’s digital transformation […]
Dubai, UAE — Yozo.ai, a UAE-based e-commerce AI solutions startup, has raised $1.7 million in a pre-seed funding round to accelerate the development of its AI-native revenue engine designed to automate growth, improve conversion rates, and boost customer retention for online merchants. The funding round was jointly led by Access Bridge Ventures and Disruptech Ventures, […]
Enakl, a Moroccan and French mobility startup that offers bus-sharing services, has closed a $2.3 million seed funding round to deploy its shared transport solutions and launch a new Software as a Service (SaaS) product for operators and policy makers. The capital injection, finalised in December 2025, follows a $1.4 million pre-seed fundraise in December 2024 and […]
Yakeey, a Moroccan property technology (proptech) startup, has closed a $15m Series A funding round, marking the largest of its kind in the Kingdom’s history. The transaction is notable not just for its size, but for a curious guest at the table: Enza Capital, a pan-African VC firm. The VC’s entry into Casablanca signals a shift […]
Sharkas said the Academy is designed to function as a specialised national platform that fosters an environment conducive to innovation. AMMAN — The Institute of Banking Studies (IBS) officially inaugurated the headquarters of the Jordan Fintech Academy and its Fintech Lab on Sunday, marking a milestone in the execution of the Kingdom’s Economic Modernization Vision […]
Profit before tax increased by 5.4% year-on-year to KD 734.6 million Al-Bahar: Our financial results for 2025 reflect NBK’s ability to adapt to evolving conditions and navigate an increasingly complex economic landscape. We continue to successfully execute our strategy by balancing the delivery of superior shareholder returns with meeting the growing and evolving needs of our customers. Sustainability […]
ABU DHABI / DUBAI, UAE: Property Finder, the Middle East’s leading property portal, today announced a new $170 million investment from the Mubadala Investment Company “Mubadala,” an Abu Dhabi-based sovereign investor, alongside another UAE sovereign wealth fund and BECO Capital. The investment underscores Property Finder’s position as the region’s leading property portal, and reaffirms Property Finder’s […]
Abu Dhabi, UAE – Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today announced strong financial results for the full year ended 31 December 2025, marking the highest profitability in the Bank’s history and demonstrating significant progress in its strategic transformation. Key Highlights: Pre-tax net profit of AED 311 […]
The company applies a fresh lens to parametric insurance to automatically cover the operational and financial impact of cloud service interruptions. Dubai, UAE: Cloud infrastructure has become the backbone of modern business. Yet when cloud services fail, the financial consequences are often immediate and severe, while protection remains limited or nonexistent. Mantas was founded on the belief that […]