NEW YORK & LONDON– Cantor, a premier global investment bank and part of the Cantor Fitzgerald group of companies, today announced it is expanding its presence in the Middle East and opening a new office in ADGM, the International Financial Centre of Abu Dhabi, United Arab Emirates. The firm has secured in-principle approval for a […]
UAE’s Qadi secures Pre-Seed Round Led by Incubayt to build the Middle East’s first sovereign regulatory compliance platform for the AI era
Source: Zawya Qadi deconstructs local laws, regulations and internal policies and encodes their rules into AI agents that take actions, and integrates compliance checks proactively into business workflows. Dubai, UAE: Qadi, the Middle East’s first sovereign regulatory compliance platform, today emerged from stealth and announced its pre-seed funding round, led by Incubayt. Qadi’s platform turns […]
Dubai Customs Partners with Binance to Integrate Crypto Payments into Trade and Logistics Operations
Dubai, UAE: In a major step toward advancing its digital transformation agenda, Dubai Customs has signed a Memorandum of Understanding (MoU) with Binance during Binance Week, aiming to expand its digital payment capabilities by integrating crypto-enabled transactions across commercial and logistical operations. The MoU was signed by His Excellency Dr. Abdulla Busenad, Director General of […]
Abu Dhabi’s Zelo secures $715 million from IHC to expand SME financing platform
ABU DHABI – Abu Dhabi-based Zelo, formerly known as eFunder, said on Thursday it has received $715 million in capital from its parent, International Holding Company, to expand its financing services for small- and medium-sized businesses. Zelo provides small businesses and mid-tier suppliers with liquidity by converting approved invoices from government entities, large corporates and major […]
Investcorp Capital acquires $400mln diversified U.S. industrial real estate portfolio
Abu Dhabi, United Arab Emirates: Investcorp Capital PLC (the “Company” or “ICAP”), a company founded by Investcorp and listed on the Abu Dhabi Securities Exchange (ADX symbol: “ICAP”), today announced that it has successfully acquired a diversified portfolio of industrial assets for approximately $400 million. The deal was arranged by Investcorp and features properties located across […]
Visa collaborates with AWS to deliver secure agentic payments
These blueprints will enable AI agents to handle complex, multi-step transactions from product discovery and price comparison to secure checkout and order tracking. Dubai, UAE: Visa and AWS have teamed up to enable AI agents to transact securely and autonomously on behalf of users. By combining Visa’s global payment infrastructure with AWS’s AI and cloud capabilities, […]
Emirates NBD enters strategic agreement with DIFC to empower families and safeguard legacies
The strategic agreement outlines the development of a comprehensive framework to help UHNW Individuals and their family businesses protect their wealth and pass on their legacy and values to future generations Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has announced a […]
Visa Partners with Central Bank of Syria to Build Modern Digital Payments Ecosystem
DAMASCUS, Syria: Visa (NYSE: V) today announced a partnership with the Central Bank of Syria and financial authorities and institutions to implement a strategic roadmap designed to help Syria rapidly integrate into the modern global digital economy. Aligning with its mission to uplift everyone, everywhere, Visa will launch operations in Syria and support the creation of […]
Türkiye’s digital asset platform Paribu has acquired CoinMENA, MENA’s largest local crypto exchange
İSTANBUL – Türkiye’s leading digital asset platform Paribu today announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the company at up to USD 240 million. The deal represents Türkiye’s largest fintech transaction to date and the country’s first cross-border acquisition of […]
Standard Chartered Opens Representative Office in Morocco, Strengthens Regional Expansion Strategy
Casablanca: Standard Chartered marked a major milestone in its regional expansion with the official launch of its new Representative Office in Morocco, during an event held in the presence of high-level government officials, regulators, diplomats, clients and strategic partners. The ceremony brought together distinguished attendees including Mr. Saïd Ibrahimi, Chief Executive Officer of Casablanca Finance City […]