US semiconductor startup Ayar Labs has raised $500 million in a Series E funding round to expand its production capacity and accelerate the deployment of its optical AI infrastructure technology. The round was led by Neuberger Berman and included participation from global institutional investors such as AKR Invest, Insight Partners, Sequoia Global Equities, and 1789 […]
Dubai, United Arab Emirates – At VAST Forward 2026, VAST Data, the AI Operating System company, and CrowdStrike (NASDAQ: CRWD) announced a strategic partnership that combines VAST’s native data-layer governance and platform-level controls with CrowdStrike’s enterprise-grade threat detection and automated response. By integrating these capabilities within the VAST AI Operating System and connecting telemetry with the […]
Abu Dhabi, UAE: Abu Dhabi Commercial Bank (ADCB) today confirmed that its retail mobile banking application has been successfully restored. The disruption, which lasted approximately 48 hours, affected ADCB’s retail mobile banking application and customer contact centre. All other banking services, including branches, ATMs, card services, web-based internet banking, and corporate and commercial banking platforms, remained […]
Ajman, United Arab Emirates – Ajman Bank’s General Assembly, during its Annual General Meeting chaired by His Highness Sheikh Rashid bin Humaid Bin Rashid Al Noaimi, Vice Chairman of the Bank’s Board of Directors, approved the distribution of cash dividends to shareholders amounting to 50% of the net profit for the financial year ended 31 December […]
Muscat: Sohar International, together with its Islamic banking window, Sohar Islamic, is offering customers the opportunity to win gold bars through monthly draws as part of its newly launched Credit Card Campaign, “Bold Steps. Golden Rewards,” running until 30 April 2026. Designed to transform everyday retail spending into tangible rewards, the initiative grants cardholders an automatic […]
Collaboration deepens as Bridge’s stablecoin‑linked card program gains global momentum. SAN FRANCISCO — Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading stablecoin infrastructure platform and a Stripe company, today announced an expansion of their global card issuance product that they first unveiled in 2025.Bridge enables businesses and fintech developers to offer stablecoin-backed […]
Riyadh KSA, Dubai, UAE; Singapore — Dyna.Ai, a leading AI solutions company headquartered in Singapore, today announced the close of an undisclosed eight-figure multimillion-dollar (USD) Series A round led by Lion X Ventures, a Singapore based venture capital fund, advised by OCBC Bank’s Mezzanine Capital Unit. The round also included participation from ADATA, a Taiwan-listed technology […]
In a move that underscores the confidence of major investment entities in its expertise, Orca Financial Advisory, a subsidiary of Al Salem Holding, has been appointed as financial advisor to Arabia Holding for its new hotel project under the globally renowned Fairmont Hotels & Resorts brand. The hotel will be developed within Sun Capital in […]
MUMBAI, March 3 – Pine Labs, opens new tab will launch a stablecoin-backed prepaid card across nine countries in the Middle East, Africa and Southeast Asia by the end of April, the fintech firm’s chief executive told Reuters, marking the first attempt by an Indian payments major to tap the fast‑growing market. The Temasek and Peak […]
Muscat: Reaffirming its commitment to delivering differentiated value and globally relevant experiences, Sohar International, together with its Islamic banking window, Sohar Islamic, has launched the “Swipe & Win” campaign. The initiative provides both existing and new credit cardholders with the opportunity to attend the FIFA World Cup 2026 through exclusive, fully curated travel packages. Running until […]