Dubai, UAE & Riyadh, KSA: FAST Ventures, a marketing holding company, at the intersection of marketing, technology, and consumers has launched FAST Foundry, its investment arm and venture studio backed by a $3 million fund to boost early stage startups across the wider MENA region. FAST Foundry will invest in startups building the next wave of […]
Kuwait: As part of its strategy to drive digital transformation across all services and products offered to its customers and meet their evolving needs, Warba Bank announced the launch of its new digital platform, Warba Invoice Gate, designed to streamline and accelerate the processing of supplier invoices related to individual financing products (auto financing, medical […]
ABU DHABI, UAE: I.M. Mamlouk & Co., a recently established private equity firm headquartered in Abu Dhabi Global Market (ADGM), has been granted additional regulatory approval to manage private equity collective investment funds. Founded by former J.P. Morgan banker and Public Investment Fund (PIF) investor Issam Al-Mamlouk, the firm is positioned to deploy strategic capital […]
Dubai, UAE – Kingpin, a UAE-based AI-native SaaS company redefining how brands, distributors, and wholesalers find, approach and transact with retailers, has raised $3.5 million in seed funding to accelerate its global distribution platform. The round was backed by US-based Infinity Ventures, Red Swan Ventures, Mu Ventures, as well as UAE-based COTU and Outliers, with […]
UAE-based Secure.com has announced the close of a $4.5 million funding round led by Disrupt.com, coinciding with the launch of its new Digital Security Teammate (DST)—an AI-native security agent designed to help organisations address the widening cybersecurity talent deficit, currently estimated at 4.8 million unfilled roles worldwide. Founded by Uzair Gadit, Secure.com builds AI agents […]
Abu Dhabi, UAE: The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), is collaborating with Space42, the UAE-based AI-powered SpaceTech company with global reach, to co-develop and deploy the UAE’s first space-to-ground quantum communication network, integrating both satellite and ground-based systems powered by sovereign Quantum Key Distribution (QKD) […]
Dubai, UAE: Comera Pay is excited to unveil their latest innovation designed for today’s global lifestyle — the Comera Multi-Currency Visa Card. Whether you’re managing international transactions, making cross-border purchases, or spending in multiple currencies, this card makes global transactions simpler, smarter, and more secure. Key Highlights: ✨ Hold and spend in multiple currencies ✨ […]
Muscat – The Central Bank of Oman (CBO) has announced the approved fee structure for the national payment card “Maal” consumer Debit and Prepaid card. The announcement of the “Maal” card fee structure comes in conjunction with the announcement of the pilot launch of the card on November 20, coinciding with the celebration of Oman’s […]
Manama, Bahrain – Standard Chartered Bahrain announced today the launch of its Signature Chief Investment Office (CIO) Islamic Funds, introducing a new range of Shariah-compliant investment solutions designed to meet rising demand from regional and global investors. Available to the Bank’s Wealth and Retail Banking clients across 12 markets globally, the Signature CIO Funds are designed […]