Cairo, Egypt – MNT-Halan secures strategic investment, Egypt and MENA’s first fintech unicorn, announced the successful first closing of an investment round led by Al Ahly Capital, the investment subsidiary of the National Bank of Egypt (NBE), following the completion of all necessary approvals from the relevant regulatory authorities. The transaction marks a significant milestone […]
AMMAN, Jordan – Jordanian AI founder and researcher Mohammad Alsufi has sold AI-native education platform NoNerds to JoAcademy in a deal valued at $140,000 USD, marking one of the youngest startup acquisitions in the region’s emerging AI sector. NoNerds built an AI-native education marketplace where students and instructors create and sell courses while the platform’s AI […]
Standard Chartered has received approval from the Capital Market Authority (CMA) for Standard Chartered Capital Saudi Arabia to undertake Investment Management and Operating Funds activities in the Kingdom. The approval enhances the Bank’s ability to provide onshore investment management and fund operations capabilities in Saudi Arabia, supporting institutional clients as investor participation and capital market […]
With a reported valuation approaching $2 trillion. Dubai: SpaceX IPO strategic investment, anticipated public listing is shaping up to be more than another high-profile technology IPO. With a reported valuation approaching $2 trillion, the company’s expected Nasdaq debut could become a defining moment for investors seeking exposure to the infrastructure underpinning the next wave of […]
Anthropic names KPMG as a preferred consultant for Private Equity KPMG’s 276,000+ global workforce provided access to Claude. KPMG and Anthropic announced a global alliance, bringing Anthropic’s frontier AI directly into its client delivery platform. The alliance will initially focus on tax clients and private equity firms, enabling clients to build agentic workflows in real […]
Dubai, UAE – Cryptocurrency exchange Bybit has launched IPO Express, a new platform designed to provide retail investors with access to initial public offerings (IPOs) at the offer price through tokenized shares, with SpaceX becoming the first company available on the platform. The new service is powered by xStocks, a tokenization framework operated by Payward, […]
From Bahrain and the UAE to Saudi Arabia and Oman, how Gulf payment companies have helped build the merchant acquiring, POS, and payment gateway ecosystems that support today’s digital economy. Over the past decades, the Gulf Cooperation Council (GCC) has experienced significant growth in digital payments, driven by economic expansion, e-commerce adoption, and the region’s […]
Cairo, Egypt – Edafa Venture has announced the acquisition of two artificial intelligence startups operating in the construction and healthcare sectors during the AI Everything Middle East & Africa – Egypt exhibition, organized by GITEX Global in Cairo on February 11–12, 2026. The six-figure dollar acquisitions were among the most significant investment deals unveiled during […]
Dubai, UAE, June 4th, 2026: Chainberg, the institutional custody arm of global digital asset platform Liminal, obtains IPA, paving the way for obtaining a full VASP License from VARA in Dubai. Chainberg, an institutional-grade digital asset custody platform, has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA), the penultimate milestone before full authorisation as a […]
Abu Dhabi, UAE – The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE, has signed a partnership with Numou, a subsidiary of the international financial centre of Abu Dhabi, ADGM, to expand financing pathways for innovative businesses supported by MBRIF and further strengthen […]