The UAE dirham-backed stablecoin DDSC has received a No Objection Certificate (NOC) from the Central Bank of the UAE (CBUAE), clearing the way for its launch on selected Virtual Assets Regulatory Authority (VARA)-regulated exchange platforms. UAE dirham-backed stablecoin operates on ADI Chain, an institutional Layer-2 blockchain DDSC was developed through a collaboration between International Holding […]
South Asia’s first Bitget Wallet Card links self-custody with global acceptance, offering up to 3% cashback. Mutsamudu, Comoros, July 3, 2026 – Bitget Wallet, a self-custodial wallet for everyday finance, announced the launch of the Bitget Wallet Card in South Asia, marking the card’s first rollout in South Asia. The card allows users to top […]
TotalPay has obtained technical certification from the Saudi Central Bank (SAMA) as an E-commerce Payment Technical Service Provider (PTSP). This milestone marks an important step in regional expansion and reinforces its commitment to delivering secure, reliable, and innovative payment technology solutions to businesses across the Kingdom of Saudi Arabia. TotalPay looks forward to partnering with […]
Beijing, China, 3 July 2026: BlueFive Capital, among the world’s fastest growing investment firms[1], today announced it co-led the funding round for AI-powered video generation company Kling AI. The Chinese firm raised close to $3 billion, the largest single financing ever recorded for an AI video generation model company, giving it a valuation of $18 […]
Perk (formerly TravelPerk), the intelligent AI-native platform for travel and spend management, today announced the opening of its Perk Middle East office in ADGM, the international financial centre of Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO). About the Perk Middle East office The expansion reflects Abu Dhabi’s continued emergence as a […]
Subscription Demand Exceeds Expectations with AED 445 Million in Orders, Achieving a 9x Oversubscription H.E. Mohamed bin Hadi Al Hussaini Rings the Opening Bell at Nasdaq Dubai Dubai, United Arab Emirates – The Ministry of Finance announced the official listing and commencement of secondary market trading of the UAE’s inaugural Sovereign Retail T-Sukuk Programme, following the […]
Visa has launched its Visa Payment Passkey solution in India in partnership with IDFC FIRST Bank, enabling cardholders to authenticate online transactions using biometrics or device credentials instead of one-time passwords (OTPs). launched its Payment Passkey (VPP) solution in India, Visa Payment Passkey Visa on Thursday launched its Payment Passkey (VPP) solution in India, introducing an alternative […]
Riyadh, Saudi Arabia: VAP Group announced the launch of VAP Ventures, its dedicated investment arm, marking a significant milestone in the company’s evolution from building global platforms for innovation to directly supporting the founders shaping the future of technology. The announcement was made at the Global AI Show, Global Games Show, and Global Blockchain Show Riyadh 2026, from 29-30 June, where thousands of global […]
Dubai, UAE – KamelPay, the UAE-born fintech building integrated financial solutions for businesses and their workforce, has launched AbsoluteCard, a complete corporate payments ecosystem built for the way businesses spend, control and reconcile. AbsoluteCard brings together a web portal, a mobile app and a corporate card powered by the Mastercard network and sponsored by Mawarid Finance. […]
Maalexi, the company behind the Maalexi Agricultural Assets Token Exchange (MAATEX), today announced the close of an oversubscribed funding round led by Tawuniya, a Saudi joint-stock company listed on the Saudi Exchange (Tadawul: 8010), and Global Ventures, a UAE-based venture capital firm and Maalexi’s pre-Series A lead investor. Agricultural Assets Token Exchange is developing what […]