Global, May 26, 2026: Bitget, the world’s largest Universal Exchange, announced the launch of Reality, a licensed financial platform focused on tokenizing real-world assets (RWAs), connecting eligible global users with tokenized exposure to traditional financial assets through crypto-native ecosystems. Reality will bring tokenized US stocks and ETFs into Bitget’s broader trading ecosystem, giving users access to […]
The MOU establishes a framework for the two parties to jointly explore how stablecoin technology, which remains an emerging area of financial infrastructure, could complement Bahrain’s national payments ecosystem over time. MANAMA, Bahrain, SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”) today announced that AX Coin Bahrain B.S.C. (C) (“AX Coin”), the Company’s stablecoin issuance entity […]
Emirates NBD has provided a loan facility of 367.3 million UAE dirhams ($100 million) to Luxembourg-based CPI Property Group (CPIPG) to meet deferred payments on its development portfolio in Dubai until 2027. The credit facility was secured against a portfolio of ultra-luxury residential units in the emirate, the Dubai-listed lender said in a statement. CPIPG […]
Kuwait: Kuwait International Bank (KIB) Group, through its investment arm KIB Invest, announced its participation as Joint Lead Manager in the successful issuance of a USD 1 billion Sukuk by the Islamic Development Bank (IsDB), one of the world’s highest-rated multilateral development institutions. This landmark issuance is considered a significant transaction in the international Islamic capital […]
Abu Dhabi: The UAE Cyber Security Council has partnered with QuantumGate on the national Crypto Discovery Tool (CDT), an Abu Dhabi-built solution that helps the country transition to quantum-safe security through comprehensive cryptographic discovery, inventory management, and continuous monitoring across critical national infrastructure. Customised to the requirements QuantumGate set by the UAE National Cryptography Center, the […]
Emirates NBD Bank will start its mandatory open offer for up to 26 per cent of RBL Bank on June 1. Public shareholders can tender shares until June 12 under a cash offer priced at AED10.78 a share. Letter of Offer dated May 22 sets the base offer price at AED10.69 and adds AED0.09 a share […]
Manama, Kingdom of Bahrain – SINNAD, a pioneer provider of card processing and payment services in the MENA region and a subsidiary of The BENEFIT Company, announced the expansion of its strategic alliance with Gulf Bank Algeria. This milestone marks a significant step in advancing SINNAD’s regional growth strategy and strengthening its footprint across the Middle […]
Galaxy users can now pay their restaurant bill at the table in a few taps through Samsung Wallet on qlub, with every transaction protected by tokenization and Samsung Knox. Dubai, UAE – Samsung Gulf Electronics has announced that Samsung Wallet is now integrated with qlub, the contactless payment platform for restaurants and hospitality venues. The integration […]
Manama, Bahrain – stc Bahrain, a digital enabler, announced a strategic partnership with Ithmaar Bank, one of the region’s leading Islamic retail banks, to provide comprehensive cloud financial management of its Amazon Web Services (AWS) billing. As an AWS Premier Tier Services Partner, stc Bahrain will deliver a powerful cloud financial management solution, empowering Ithmaar Bank […]
Dubai, UAE – Dubai Future District Fund (DFDF) has announced a commitment to Camber Creek, a specialist venture capital fund focused on PropTech with nearly $1 billion in assets under management. The investment reflects DFDF’s continued strategy of backing high-conviction, sector-specialist fund managers that consistently generate returns and deliver long-term value to their portfolio companies. Founded […]