The new suite of enhanced global dining, entertainment and travel benefits has been designed for cardholders of Mastercard’s World, World Elite and the newly created World Legend portfolios Dubai, United Arab Emirates: Mastercard has launched The Mastercard Collection, a new suite of enhanced global dining, entertainment and travel benefits, in the Eastern Europe, Middle East and […]
Ahead of the UAE’s ‘Year of Family’, Wio Bank introduces a new way for households to manage money together Co-created with real families across the UAE, it reflects how money is lived, shared, and managed socially within households Abu Dhabi, UAE: Wio Bank has launched Wio Family, the UAE’s first fully shared banking experience – […]
Abu Dhabi, United Arab Emirates: Inception, a G42 company and the region’s leading innovator of AI-powered domain-specific products and enterprise solutions, today announced a strategic partnership with Ireland-based Mirror Security, a global leader at the forefront of GenAI security. Under the terms of the agreement, Inception and Mirror Security will co-develop advanced AI security products tailored […]
UAE-based AI robotics startup Buildroid AI has emerged from stealth after securing $2 million in a pre-seed funding round, led by renowned venture capitalist Tim Draper, known for backing global innovators such as Tesla, SpaceX, Skype, and Robinhood. Founded in 2025 by Slava Solonitsyn and Anton Glance, Buildroid AI integrates specialised and general-purpose robots directly […]
Bahrain – BENEFIT, the Bahraini innovator and a leading company in fintech and electronic financial transactions service, and Ant International, a leading global digital payment, digitisation and financial technology provider, headquartered in Singapore, have partnered to launch cross-border QR payments between Bahrain’s BENEFIT QR payment scheme and Ant International’s global wallet gateway, Alipay+, during 2026 support […]
In a landmark move that reaffirms its position as a leader in financial innovation, National Bank of Kuwait (NBK) has announced the launch of Kuwait’s first-ever Point-of-Sale (POS) Financing solution, exclusively tailored for small and medium enterprises (SMEs). This groundbreaking service marks a major milestone in SME banking, offering businesses access to financing of up […]
Manama, Kingdom of Bahrain: In a significant move reflecting its leadership in shaping the digital financial landscape in the Kingdom of Bahrain, FLOOSS, a pioneering provider of digital financing solutions licensed by the Central Bank of Bahrain as an instant Islamic finance company, has announced an increase in its standard financing limit. Going from BD […]
Dubai-UAE: Dubai Future Foundation (DFF) and Dubai Land Department (DLD) have partnered to boost innovation in property technology (PropTech). The partnership comes under DFF’s Sandbox Dubai, an initiative that aims to develop the city’s regulatory frameworks in support of the Dubai Economic Agenda (D33). PropTech Sandbox further seeks to foster a regulatory environment that accelerates the […]
Abu Dhabi, UAE — Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, on Wednesday executed the first-ever cross-border payment using the UAE’s central bank digital currency (CBDC), marking a historic milestone in the nation’s digital financial transformation. The landmark Digital Dirham transaction—conducted between the UAE and […]
Collaboration to assess joint opportunities across insurtech and govtech to enable seamless access to services for citizens, residents and visitors Agreement aims to simplify digital experiences and support regional trade and innovation across the UAE and Saudi Arabia Abu Dhabi, UAE: First.tech, a global AI-driven group operating across insurtech, fintech, and govtech, has signed a Memorandum […]