Tunis, Tunisia – WildyNess, a Tunisian B2B2C traveltech startup, has successfully closed its pre-seed funding round co-led by Bridging Angels and the African Diaspora Network, for an undisclosed amount. Founded in 2021 by Achraf Aouadi and Rym Bourguiba, WildyNess connects conscious travellers with authentic local experiences co-created alongside tourism micro-entrepreneurs. The newly raised capital will […]
Albaraka Portfolio Management Company has taken a strategic step that will open a new chapter in Türkiye’s participation finance sector. The company has established the “Albaraka Türk Value & Wealth Türkiye Sukuk Fund” in Bahrain — the first Türkiye-focused Sukuk fund of its kind — aiming to facilitate international investors’ access to islamic capital market […]
Dubai: Mercury Payments Services (Mercury), a leading regional payments infrastructure and technology provider, is proud to announce that it has been granted approval for a deemed Open Finance License by the Central Bank of the UAE (CBUAE). This approval enables Mercury to operate under the UAE’s progressive Open Finance regulatory framework, further strengthening its position as a […]
Dubai – Mashreq reported its financial results for 9M 2025. Mashreq reported an increase in Operating Income to AED 9.4 billion for the 9M 2025. The third quarter Operating Income of AED 3.2 billion, is an increase of 4% Quarter-on-Quarter and 8% Year-on-Year, reflecting strong profitable growth across all its core businesses, mainly driven by rising client […]
Dubai, UAE – Alaan, the Middle East’s leading corporate card and spend management platform, today announced the launch of its employee equity buyback program, enabling team members to sell a portion of their vested stock options. The initiative, effectively an ESOP buyback, follows Alaan’s $48 million Series A fundraise led by Peak XV Partners (formerly Sequoia India […]
Dubai, UAE: KFI Global has announced the launch of its new mobile app, SMARTER. RICHER. BRAVER., designed to help young people strengthen their financial identity — a concept that goes beyond traditional money management and budgeting. Unlike conventional finance apps that focus on tips or static lessons, SMARTER. RICHER. BRAVER. aims to transform users’ beliefs, […]
du’s Cloud MaaS offering ‘Cloud Miner’ is tailored to democratize access to cryptocurrency mining, removing the barriers of hefty technical know-how, finding large amounts of electricity, and maintenance reliability. Dubai, UAE: du, the leading telecom and digital services provider, has become the first UAE telco to officially launch an innovative Cloud Mining as a Service (MaaS) […]
DUBAI, 31st October, 2025 (WAM) — The Innovation Hub of the Emirates Institute of Finance (EIF Innovation Hub), in collaboration with the UAE Banks Federation (UBF) and KPMG Middle East, concluded a 2-day AI Innovation Workshop, a unique forum designed to accelerate the responsible adoption of Agentic AI across the UAE’s banking ecosystem. The initiative […]
A new milestone for Morocco’s startup ecosystem: ORA Technologies and Azur Innovation Fund have joined forces to acquire Cathedis, a leading national player in e-commerce logistics and last-mile delivery. This transaction marks the first-ever consolidation deal between Moroccan startups, financed exclusively with local capital. It positions ORA as a central player in Morocco’s e-commerce and […]
Dubai, UAE: National Bank of Fujairah (NBF) and StorIT Distribution today announced a strategic alliance to deliver tailored channel financing solutions to technology clients across the UAE. By combining StorIT’s extensive partner network and market reach with NBF’s specialist expertise in technology financing, the collaboration will expand access to flexible working capital solutions that support growth […]