Dubai, United Arab Emirates: Standard Chartered announced today the findings of its latest ‘Future of Trade: Digitisation’ report, which identifies the United Arab Emirates as the most advanced market globally for digital trade readiness. The findings underline the UAE’s strong foundations in digital infrastructure, regulatory clarity and corporate adoption of technologies that are reshaping cross border […]
Dubai, UAE — botim money, the financial services arm of Astra Tech, has entered a long-term WPS partnership with City Exchange, one of the UAE’s leading payroll processors, to launch a co-branded Salary Card that expands digital salary access and accelerates financial inclusion for workers across the country. The Wage Protection System (WPS), mandated by the […]
National Bank of Kuwait (NBK), Kuwait’s leading financial institution and a cornerstone of regional banking excellence, celebrated the official inauguration of its new branch in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region. The event underscores NBK’s commitment to deepening economic ties between […]
Riyadh — Propeller, a venture capital firm focused on AI infrastructure, today announced the launch of its $50 million Fund III, designed to connect MENA’s technical and entrepreneurial talent with the market opportunities of Silicon Valley, and to link cutting-edge AI startups in the USA with the key players implementing large-scale AI infrastructure projects in the […]
Dubai, UAE – Visa (NYSE: V), a global leader in digital payments, today announced the expansion of its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa region (CEMEA) through a partnership with Aquanow, a global digital assets platform expert in liquidity and infrastructure solutions. The integration of Aquanow’s digital asset infrastructure […]
DUBAI, UNITED ARAB EMIRATES: Property Finder, the MENA region’s leading property platform, has announced a strategic partnership with Stake, the leading real estate investment platform in the region. Together, Property Finder and Stake will unlock new opportunities for a wider audience of real estate investors, while accelerating the digitalisation of the real estate ecosystem. Property Finder […]
Dubai, UAE – UnionPay International (UPI) and Amazon Payment Services have announced a strategic collaboration in the Middle East and North Africa (MENA) region, across countries including UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, Egypt, Jordan, and Lebanon. Luping Zhang, General Manager of UnionPay International Middle East and Pablo Londono, Managing Director of Amazon Payment Services, signed […]
DMCC has unveiled the world’s largest silver bar – a 1,971kg Guinness World Record asset at the Dubai Precious Metals Conference Silver bar commemorates UAE’s founding year and symbolises national craftsmanship and innovation Bar is now set to be tokenised on DMCC’s Tradeflow platform under landmark project with key industry players Sam Precious Metals, Tokinvest […]
Dubai, UAE: Revibe, the fast-growing marketplace for refurbished electronics, has raised $17 million in a new funding round led by Partech, with participation from E& Capital, Burda Principal Investments, and EQNX, alongside existing investors. The new funding will help Revibe continue improving its service and the quality of its devices while accelerating international expansion across the […]
Fundraise provides liquidity for employees, deepens partnerships with leading investors. Transaction was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company with participation from NVentures, NVIDIA’s venture capital arm, and other leading investors. Valuation follows period of strong financial performance and major global expansion milestones, including new banking authorisations in Mexico and Colombia. […]