Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has introduced a new digital service that lets individual employers register and pay employees’ salaries through the ADIB Mobile Banking app, and corporate employers do the same through the Direct app. ADIB is one of the first banks to offer this service, […]
Dubai – WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced that it has received approval from the Dubai Financial Services Authority (DFSA) for a licence to operate as WTW Investments (DIFC) Limited within Dubai International Financial Centre (DIFC). The approval marks a significant milestone in WTW’s strategic expansion across the Middle East […]
Two UAE banks, Emirates NBD and First Abu Dhabi Bank, have topped an index tracking the use of responsible artificial intelligence, receiving recognition for their role in narrowing the gap in adoption between the banking and finance sector in the Middle East and Africa and global peers. The lenders were ranked first and third, respectively, by […]
The fund gives du access to companies and emerging technologies to enhance its core services and benefit its wider digital ecosystem. Dubai, UAE: du, the leading telecom and digital services provider, today announced the launch of du Ventures, a $50 million corporate venture fund developed in partnership with Shorooq and designed to accelerate the next wave […]
OpenAI’s ChatGPT app reached 1 billion global monthly active users faster than any other app, Reuters reported Tuesday (June 2), citing data from Sensor Tower. This app reached that milestone in May, about three years after its launch, according to the report. The app is seeing year-over-year growth of 62%. Anthropic’s Claude app had 56 million global monthly active users and was […]
Abu Dhabi, UAE – SlashData, a leading UAE-based govtech company, has announced a strategic partnership with Qatar Insurance (QIC) to advance digital insurance services through the adoption of Wtheeq, its platform for policy issuance and data verification. The partnership reflects a broader shift in the insurance industry, where insurers are investing in digital ecosystems that enable […]
With Spiro already operating across seven of Africa’s fastest-growing urban markets, this transaction positions Spiro among the continent’s leading clean infrastructure platforms. This investment will accelerate the expansion of its battery-swapping network, industrial footprint, and next-generation electric vehicle (EV) infrastructure across high-growth African markets. As African economies push to reduce dependence on imported fuel, reinforce […]
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has announced the launch of its Off-Plan Home Loan proposition, a strategic expansion of its mortgage offering for prospective homeowners in the country, designed to meet the growing demand for off-plan financing. The new Off-Plan Home Loan solution, available to UAE residents, introduces a […]
CargoX deploys driverless delivery vehicles across last-mile, middle-mile and long-haul logistics routes The platform is led by Tomaso Rodriguez, ex-CEO of the Middle East’s largest food delivery service Talabat Abu Dhabi, United Arab Emirates, 02 June, 2026: CargoX, an autonomous delivery platform based in the United Arab Emirates, announced today it raised $250 million from an […]
Every founder building in the Gulf eventually hits the same wall. A prospective enterprise customer sends a security questionnaire. An investor asks about the company’s security posture during due diligence. A regulator expects evidence of controls the company has not yet built. The expectation is enterprise-grade. The company is twenty people. And a full-time Chief […]