Source: Zawya As the war between Iran, Israel and the US continues into its second week, investment banks in the GCC, which had expanded over the past 24 months amid a flurry of DCM and ECM deals, have signalled that they are maintaining their local operations. On Tuesday, Iran’s Islamic Revolutionary Guard Corps (IRGC) warned […]
Bybit Pay now supports Mastercard Crypto Credential™ for username-based crypto transfers
Bybit Pay is launching Mastercard Crypto Credential™, to make on-chain transfers simpler and safer with username-based sending and built-in compatibility checks. Send crypto with a username With Bybit Pay and Mastercard Crypto Credential™, you can replace long blockchain addresses with an easy-to-use username based on your email address or phone number. Every transfer is automatically […]
Bank Nizwa launches Apple Pay To enhance the digital payment experience for customers
Muscat: Enhancing the digital payment experience, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has launched Apple Pay for its customers. This new service allows the bank’s credit and debit cardholders to make secure, fast, and convenient payments. The launch of Apple Pay reflects Bank Nizwa’s ongoing commitment to providing […]
Standard Chartered confirms uninterrupted operations across the Kingdom of Bahrain
Manama – Standard Chartered Bahrain has confirmed that its operations across the Kingdom remain fully functional and continue to run at full capacity. The Bank reaffirmed its ability to deliver seamless banking and financial services through both its branch network and digital platforms, ensuring that clients’ needs are met without interruption and that service continuity is […]
XCath secures $30mln Series C to improve global outcomes in neurovascular care
SHARJAH, UAE – XCath, a medical device company that is pioneering neuro-endovascular surgical robotics, part owned by Crescent Enterprises, announced today that it has secured $30 million in Series C funding, bringing the total raised since the company’s inception to $92 million. The latest funds will support XCath’s ongoing efforts to bring the world’s first commercially-practical […]
DIFC Innovation Hub and Capital.com launch “CapitalHer” to advance women’s financial confidence across the GCC
Dubai: The DIFC Innovation Hub, the largest start-up and innovation hub in the world operating out of Dubai International Financial Centre (DIFC), in partnership with Capital.com has announced the launch of CapitalHer, a new flagship programme designed to empower women across the GCC with the knowledge, confidence, and practical exposure needed to engage with financial markets responsibly. CapitalHer […]
Mambu selected as core banking provider by Nyla, Africa’s first Islamic neobank
Abu Dhabi, UAE // Kingali, Rwanda – Mambu, the leading SaaS cloud banking platform, today announced a strategic collaboration with Nyla, Africa’s first Islamic neobank, to power its shari’ah-compliant digital banking infrastructure as it launches in Ghana and prepares for expansion across West Africa. The partnership marks a significant milestone for Mambu’s Islamic banking offering on […]
Paymentology and Liabify Partner to Advance Embedded Finance and Financial Wellness Across the GCC
Dubai, UAE – 12 March 2026 — Paymentology, the leading global issuer processor, today announced a strategic partnership with Liabify, a financial wellness platform focused on payroll-linked financial services. Together, the companies aim to expand access to responsible credit, earned wage access, and everyday financial tools for middle-income and expatriate workers across the GCC and […]
Nahda Capital Partners files for registration of inaugural private equity fund in ADGM
Dubai, UAE – Nahda Capital Partners, a newly established private equity platform headquartered in Abu Dhabi Global Market (ADGM), has filed for the registration of its inaugural private equity fund this week as it prepares to launch investment activities across the Gulf Cooperation Council (GCC). “Nahda” in Arabic refers to a renaissance a renewal and resurgence. […]
Revolut Launches UK Bank
Following a successful mobilisation period, the PRA has lifted restrictions on Revolut’s banking licence, and given approval to launch its UK bank, Revolut Bank UK Ltd. Revolut Bank UK Ltd is set to roll out new banking services for its 13 million UK customers, with deposit accounts protected by the Financial Services Compensation Scheme (FSCS). Current accounts […]
