Yakeey, a Moroccan property technology (proptech) startup, has closed a $15m Series A funding round, marking the largest of its kind in the Kingdom’s history. The transaction is notable not just for its size, but for a curious guest at the table: Enza Capital, a pan-African VC firm. The VC’s entry into Casablanca signals a shift […]
Sharkas said the Academy is designed to function as a specialised national platform that fosters an environment conducive to innovation. AMMAN — The Institute of Banking Studies (IBS) officially inaugurated the headquarters of the Jordan Fintech Academy and its Fintech Lab on Sunday, marking a milestone in the execution of the Kingdom’s Economic Modernization Vision […]
Profit before tax increased by 5.4% year-on-year to KD 734.6 million Al-Bahar: Our financial results for 2025 reflect NBK’s ability to adapt to evolving conditions and navigate an increasingly complex economic landscape. We continue to successfully execute our strategy by balancing the delivery of superior shareholder returns with meeting the growing and evolving needs of our customers. Sustainability […]
ABU DHABI / DUBAI, UAE: Property Finder, the Middle East’s leading property portal, today announced a new $170 million investment from the Mubadala Investment Company “Mubadala,” an Abu Dhabi-based sovereign investor, alongside another UAE sovereign wealth fund and BECO Capital. The investment underscores Property Finder’s position as the region’s leading property portal, and reaffirms Property Finder’s […]
Abu Dhabi, UAE – Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today announced strong financial results for the full year ended 31 December 2025, marking the highest profitability in the Bank’s history and demonstrating significant progress in its strategic transformation. Key Highlights: Pre-tax net profit of AED 311 […]
The company applies a fresh lens to parametric insurance to automatically cover the operational and financial impact of cloud service interruptions. Dubai, UAE: Cloud infrastructure has become the backbone of modern business. Yet when cloud services fail, the financial consequences are often immediate and severe, while protection remains limited or nonexistent. Mantas was founded on the belief that […]
PayPal, a global digital payments and commerce platform, today announced a strategic partnership with NEO PAY, the UAE’s fast-growing digital payments leader. With this partnership, PayPal is taking another bold step in reshaping digital commerce across the Middle East and Africa by bringing businesses closer to a borderless, secure, and frictionless cross-border payment future. Through […]
Cash pickup is now available in Lebanon through partnership with Whish Money at over 1,000 locations. Cash pickup is now available in the Philippines at 14,750 locations, as well as improved transfers to Philippines wallets with direct GCash integration, delivering transfers in under 10 minutes. Dubai, UAE – Careem Pay, the digital payments platform within the Careem […]
Strategic move positions the female-led advisory firm as a primary corridor facilitator for global capital navigating Qatar’s Third National Development Strategy (NDS3). DOHA, QATAR – Falconbridge Advisors, the Dubai-headquartered boutique advisory firm, today announced the strategic expansion of its operations with the opening of its Doha office. The move formalizes and strengthens the commercial bridge […]
Dubai – Visa today announced the creation of a new region within Central and Eastern Europe, the Middle East and Africa (CEMEA) bringing the United Arab Emirates, Kuwait and Qatar under a dedicated leadership structure. This new region reflects Visa’s long-standing commitment to these strategically important markets and is designed to further accelerate innovation, strengthen local partnerships, and deliver […]