MBZUAI Research Initiative receives US$1 Million Funding from Google.org

MBZUAI Research Initiative receives US$1 Million Funding from Google.org

Abu Dhabi, Google.org has provided a $1 million USD support to Dr. Thamar Solorio, Vice Provost of Faculty Excellence and Advancement and Professor of Natural Language Processing at Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), to lead a transformative research initiative. The initiative is designed to dismantle a critical barrier in the digital age: the […]

UAE-based AI contact centre ZIWO secures strategic debt investment from Ajeej Capital’s Amplify Growth Fund

UAE-based AI contact centre ZIWO secures strategic debt investment from Ajeej Capital’s Amplify Growth Fund

ZIWO provides a cloud-native Contact Center as a Service (CCaaS) platform purpose-built for MENA, enabling enterprises to manage voice, messaging, and digital customer interactions through a unified system The platform integrates Arabic-dialect AI, automation, voice intelligence, and analytics designed to operate within local telecom infrastructure and regulatory frameworks ZIWO serves more than 1,000 customers across […]

National Bank of Kuwait launches Diversity, Equity, and Inclusion Council

National Bank of Kuwait launches Diversity, Equity, and Inclusion Council

Najla Al-Sager: – The DEI Council serves a compass guiding the Bank in recruitment, development, and recognition policies to ensure equal opportunities. – The Council is comprised of 11 members from NBK Group’s officials across its various markets in which it operates. – This reflects NBK’s leading role in adopting the best human resources practices […]

IHC, Sirius and FAB receive Central Bank approval to launch UAE Dirham-backed stablecoin DDSC on ADI Chain

IHC, Sirius and FAB receive Central Bank approval to launch UAE Dirham-backed stablecoin DDSC on ADI Chain

DDSC enters operational deployment, building on the stablecoin initiative first announced by IHC and FAB in April 2025 Designed for institutional use cases including payments, settlement, treasury management, and trade flows DDSC will operate on ADI Chain, providing scalable, compliant blockchain infrastructure for the UAE’s digital economy Abu Dhabi, UAE: IHC, Sirius International Holding, and First […]

BlueFive Capital launches aircraft leasing platform, BlueFive Leasing

BlueFive Capital launches aircraft leasing platform, BlueFive Leasing

BlueFive Capital announced that it launched BlueFive Leasing. This initiative establishes one of the first dedicated aircraft leasing asset management platforms in the Gulf Cooperation Council (GCC) region, marking a significant milestone in the development of the area’s aviation finance landscape. BlueFive Leasing will be based out of the firm’s offices in Muscat, Oman. The new platform […]

UAE-based Web3 gaming studio iBLOXX secures Dh20 million funding for StrayShot launch

UAE-based Web3 gaming studio iBLOXX secures Dh20 million funding for StrayShot launch

Investment will support development, marketing, and multi-platform rollout of mobile-first shooter. iBLOXX Studios DMCC has raised Dh20 million to complete development and support the launch of its third-person shooter, StrayShot. Based in the DMCC free zone, the company is part of the DMCC Gaming Centre and participates in the Dubai Program for Gaming 2033 (DPG33). […]

Singapore-based Ascentium Acquires UAE’s Clara, Expanding into the ADGM and Strengthening its Middle East Presence

Singapore-based Ascentium Acquires UAE’s Clara, Expanding into the ADGM and Strengthening its Middle East Presence

SINGAPORE, Feb. 12, 2026 – Ascentium, a leading global business services platform headquartered in Singapore, has acquired Clara, the largest licensed corporate service provider (CSP) in the Abu Dhabi Global Market (ADGM). This acquisition significantly expands Ascentium’s footprint in the Middle East via Clara’s established presence in ADGM and the Dubai International Financial Centre (DIFC). Clara is a critical partner for […]

Mashreq becomes first UAE bank to offer digital cross-border accounts for non-resident Pakistanis

Mashreq becomes first UAE bank to offer digital cross-border accounts for non-resident Pakistanis

Dubai, UAE: Mashreq, a leading financial institution in the MENA region, has announced the launch of a groundbreaking cross-border service for its UAE-based Pakistani customers. For the first time, the bank’s Pakistani customers living in the UAE can now open accounts with Mashreq Pakistan fully remotely, enjoy a single view of their accounts and transfer money […]