Investment banking advisory firm currently leading the strategic exit for a diversified group and positioning the asset for acquisition by qualified regional and international investors. With Gulf’s M&A activity surpassing $115 billion in 2025, the appetite for strategic acquisitions across the UAE and Saudi Arabia has never been stronger Dubai, United Arab Emirates – Mintiply Capital, […]
UAE-based authentication platform Relik secures seed round with backing from KBW Ventures
Relik has secured seed investment to build the future of authenticity in the age of AI Relik is set to combat the $467 billion counterfeit market from its UAE base Dubai, UAE: Relik, a UAE-born authentication platform blending AI with advanced security technologies to verify, protect, and preserve the authenticity of collectibles, art and cultural treasures, […]
Morocco Commits $140M to Support Its Startup Ecosystem Under Digital 2030 Strategy
Casablanca: Morocco has announced a USD 140 million (MAD 1.3 billion) investment package to strengthen its startup ecosystem as part of its Digital 2030 strategy, aiming to position the country as a regional hub for digital innovation and entrepreneurship. The announcement was made by Amal El Fallah Seghrouchni, Delegate Minister for Digital Transition and Administrative […]
Rasmal Ventures and Shorooq backs Roamless in $12M Series A to Build the World’s First Global Mobile Operator
Global connectivity provider Roamless has closed a $12 million Series A funding round led by Rasmal Ventures, with participation from Shorooq, Revo Capital, Finberg, and JIMCO. The new capital brings Roamless’ total funding to $18 million, following a $6 million seed round in 2024. Founded in Türkiye and headquartered in the US, Roamless was established in 2023 by Emre Demirel, […]
Qashio marks European market expansion with Dublin Europe HQ launch
Top Ministers of the UAE and Irish government attend launch, including the UAE Minister of Economy and Ireland’s Deputy Prime Minister, accompanied by the UAE Ambassador to Ireland. Qashio, the MENA region’s leading spend management solution, has announced a major milestone in its global growth strategy with the opening of its European headquarters in Dublin, […]
DeFi Technologies announces launch of Brazilian depositary receipts for institutional investors on B3 Exchange
DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”), is pleased to announce that B3 S.A. – Brasil, Bolsa, Balcão (“B3”) has approved the listing of Brazilian Depositary Receipts (“BDRs”) representing DeFi Technologies’ common shares, for institutional investors in Brazil. The BDRs are expected to begin […]
Mastercard Partners with Egypt’s Fuelin to Digitize Fleet Fuel Payments Across MENA
Collaboration brings real-time visibility, enhanced security, and data-driven operations to fleets as MENA businesses accelerate digital transformation Dubai, UAE: Mastercard has partnered with Fuelin, an Egypt-based fleet-tech innovator, to digitize how businesses across MENA manage payments for fuel. The collaboration integrates Fuelin’s real-time controls and analytics with Mastercard’s secure, globally accepted network, driving the mobility sector’s […]
DMCC and Crypto.com Strike Partnership to Advance Commodities Tokenisation and Digital Trade Infrastructure
Scope includes reduced settlement friction and improved price transparency across major commodities segments, tokenised real-world asset (RWA) listings, custody models and liquidity solutions Parties will evaluate digital asset technology applications across DMCC platforms and member use cases Agreement builds on DMCC’s partnership with the Dubai Virtual Assets Authority (VARA) signed earlier this year to advance […]
UAE digital lender Zand plans expansion into Gulf and Africa within three years, CEO says
Source: The National Zand Bank, the first digital corporate lender in the UAE, is planning to expand to other markets in the Gulf and Africa within the next three years to boost growth and diversify its product offerings, its chief executive has said. The digital lender, which is in its fourth year of operation, has already […]
Mastercard Partners ADI Foundation to Advance Stablecoin Settlement and Asset Tokenization Across Middle East
NEO PAY in the UAE and INFINIOS in Bahrain, are the latest partners to have adopted stablecoin settlement capabilities, enabling access to faster, more secure payment options and expanding choice across the ecosystem Dubai, UAE: Mastercard has announced strategic alliances with the ADI Foundation – an Abu Dhabi based organization dedicated to empowering governments and institutions through blockchain […]