Kuwait: Warba Bank received Mastercard’s prestigious “Highest Spend Per Card on Credit Card” Award in recognition of its outstanding performance in issuing credit cards and the exceptionally high spend per card. The recognition stands as a testament to the strong confidence of high-net-worth and premium customers in Warba Bank’s innovative payment and card solutions. The award […]
Part of the Digital Morocco 2030 strategy, 500 Global has been selected to support the Startup Venture Building (Startup VB) initiative. CASABLANCA, Morocco — 500 Global, one of the world’s most active venture capital firms1, announced it has been selected to support the Ministry-led Startup VB initiative, a flagship program under the Digital Morocco 2030 […]
Fund to focus on four pillars: conservation, art & culture, health & wellbeing, and education & skill development In partnership with the Authority of Social Contribution – Ma’an, the Fund will support Abu Dhabi’s long-term environmental and social objectives Inaugural initiative ‘Guardians of the Arabian Gulf’ and will include seagrass research, sea-turtle rescue and nurturing […]
Ajman, United Arab Emirates – The Digital Extension has been designed to provide customers with seamless access to essential banking services through a smart, technology-enabled environment, supporting greater efficiency and convenience while maintaining the highest standards of service quality and Shariah compliance. The initiative reflects Ajman Bank’s strategic focus on modernising service delivery and responding […]
LEIDEN, Netherlands — Gambit Cyber, an emerging leader in AI-native preemptive cybersecurity, today announced the successful close of its US$ 3.4 million seed funding round, led by Expeditions, the leading early-stage investor in European security, with participation of Bitdefender Voyager Ventures, the early-stage investment arm of global cybersecurity leader Bitdefender, backing startups in cybersecurity, automation, and data-driven […]
Dubai, UAE: Sun Life, a leading provider of High Net Worth insurance solutions, today announced it will establish operations in the Dubai International Financial Centre (DIFC) following authorisation from the Dubai Financial Services Authority, the independent regulator for business undertaken from and in DIFC, the leading global financial centre in the Middle East, Africa and South […]
Abu Dhabi, UAE – Presight, a leading global AI and big data analytics company, has signed a contract with First Abu Dhabi Bank (FAB) to deploy advanced artificial intelligence (AI) and data analytics solutions that enhance customer intelligence, optimise resource planning, and strengthen the bank’s commercial growth strategy. The announcement reflects the shared commitment of both organisations to position the UAE […]
Abu Dhabi, UAE: Planys Technologies, a Hub71 startup and deep-tech leader in underwater robotics and advanced inspection solutions, has raised approximately USD 12 million in primary funding to drive its next phase of global expansion. The round was led by marquee investors Ashish Kacholia and Lashit Sanghvi, with participation from existing investors including Pratithi Investment, Samarthya […]
Dubai, United Arab Emirates – Zand, an AI and blockchain-powered digital bank in the United Arab Emirates, has achieved ISO certification for Information Security Management Systems (ISO 27001), and for Privacy Information Management Systems (ISO 27701). Significantly, these certifications make Zand the first bank in the Middle East region to meet these internationally recognized standards for Web3 […]
UAE-headquartered Premialab, a global provider of data, analytics, and risk management solutions for quantitative investing, has raised $220 million in a growth investment led by KKR, alongside existing investor Balderton. Founded in Hong Kong in 2016 by Adrien Géliot and Pierre Trecourt, Premialab operates a global platform serving the $800 billion quantitative investment strategies (QIS) […]