Marriott Bonvoy ADIB Visa Infinite and Signature Cards offer up to 200,000 welcome Marriott Bonvoy points and exclusive membership tier upgrades. Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, Marriott Bonvoy, Marriott International’s award-winning travel programme, and Visa announce the launch of two co-branded cards in the United Arab Emirates – the […]
Dubai, UAE — Dubai’s Department of Finance (DOF) and Digital Dubai (DDA) have announced the activation of Jaywan, the UAE’s national payment network, on the DubaiPay platform, expanding digital payment options and supporting the implementation of the Dubai Cashless Strategy. The activation follows the successful completion of operational testing by DDA, confirming DubaiPay’s readiness to […]
Visa tests first live international transaction in Syria in cooperation with Fransabank Lebanon and Paymera Damascus, Syria, 27 August 2026 – Visa (NYSE: V), a global leader in digital payments, announced they have tested the first live international transaction in Syria, marking an important milestone in supporting the country’s financial services sector. Working with Fransabank Lebanon as […]
The Sharjah conglomerate has launched DIWAN, its own private, group-wide AI assistant, now live for employees across the Group and delivered with technology partner Magure. DIWAN runs on a privately deployed model within the Group’s own cloud environment, designed so that sensitive data stays inside the Group’s infrastructure. Sharjah and Dubai, UAE [27th August, 2026], […]
Cryptocurrency is no longer sitting at the edge of the financial system. In the UAE, virtual assets are increasingly becoming part of investment strategies, trading platforms, payment ecosystems, token projects and wider digital-finance models. However, from a VAT perspective, crypto does not always fit neatly within conventional tax concepts. As virtual-asset business models become more […]
“The emergence of stablecoins completely changed how we think about moving money. Rather than just fixing a transfer problem, we realized we could reinvent our entire settlement infrastructure.” said; Joseph Cleetus, Head of Business Transformation, LuLu Financial Holdings. Around the world, people send money home at any time, but the dollars behind their transfers still […]
Dubai, UAE — UAE-based martial arts and holistic education company GMNSM has raised $2 million in funding from investment firm VEYRA Capital and a private investor. Founded in 2022 by professional athlete-turned-entrepreneur Andrej Kuprejev, GMNSM combines martial arts and physical education with soft-skills development programmes for children, while also offering martial arts classes for adults. […]
Dubai, UAE — August 26, 2026 — Dubai-headquartered mobility technology company Swvl Holdings Corp (Nasdaq: SWVL) has secured $13 million through a private investment in public equity (PIPE) led by U.S.-based investment firm Coefficient LP, backed by Egypt’s Sawiris family. Coefficient has committed $10 million to the investment, which will make it Swvl’s largest institutional […]
New purpose-built agentic solution empowers global institutions to automate complex, end-to-end financial workflows across capital markets and corporate banking Dubai, United Arab Emirates — Today, Google Cloud unveiled Gemini Enterprise for Financial Services, a purpose-built agentic AI solution engineered for financial professionals. This solution includes a Google-managed Financial Research agent, more than 50 new skills with specialized agentic […]
DUBAI: UAE-based AI and geospatial intelligence company Stellaria, formerly known as Farmin, has raised $6.8 million (AED25 million) in a seed funding round backed by a group of angel investors, valuing the company at $114.4 million (AED420 million). Founded by Dr. Ali AlHammadi, Stellaria is developing an AI-powered operating system for geospatial intelligence that transforms […]