BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced the availability of the Digital Direct Debit service via “Fawateer” through its BenefitPay app. The launch marks a significant step forward in Bahrain’s ongoing digital payments transformation, offering a more advanced, secure, and efficient model for managing recurring financial […]
Dubai: Payrails, the financial operating system for global enterprises, today announced that it will set up its Middle East headquarters in Dubai, located in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The move reinforces Payrails’ long-term commitment to supporting businesses across the Middle […]
Dubai: Artificial intelligence startup Angelic Intelligence, founded by entrepreneur and inventor Shekhar Natarajan, has secured $15 million in seed funding and is preparing for global expansion, with the Middle East identified as a priority growth market. The company develops an enterprise software platform designed to help organisations integrate artificial intelligence into existing systems while aligning automated decision-making with operational priorities, […]
Run agentic AI at a 3X lower cost than GPUs — slashing inference costs and maximizing margins [2] SoftBank Corp. will be the first customer to deploy SN50 within its next‑generation AI data centers in Japan SambaNova, Intel plan multi-year strategic collaboration to deliver cloud-scale AI inference to unlock multi-billion-dollar market opportunity $350 million in […]
Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the company achieved in September and the $95 billion valuation it had in 2021. Stripe also published its 2025 annual letter in which […]
Capital.com, a global fintech group operating in the regulated online trading sector, on Tuesday published its 2025 trading platform activity summary, reporting $3.42 trillion in client trading volume for the year. The group reported that the Middle East accounted for approximately 50 percent of total activity, underscoring the region’s growing importance. In all, trading volumes […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark partnership with EDGE Group, one of the world’s leading advanced technology and defence groups. The agreement, formalised at a signing ceremony, will see Emirates Islamic provide innovative Islamic banking financing solutions tailored to meet EDGE Group’s diverse treasury […]
As younger heirs assume greater influence, investment strategies are evolving towards private markets, artificial intelligence, sustainability and impact, alongside traditional return objectives Wealth advisers must blend financial expertise, tech fluency and strong relationships to help families manage and adapt their wealth across generations Report underscores how Dubai is not only responding to shifts in global […]
Dubai, UAE, [February 24, 2026] – Over the past decade, Trescon has evolved from a startup founded in Bengaluru to one of the Middle East’s most trusted partners for government-backed business platforms. As it marks its 10-year milestone, the company reflects on a defining partnership with Dubai — and outlines its expansion across the wider […]
Abu Dhabi, UAE: Since it launched in September 2025, The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has invested in five cutting-edge AI startups led by experienced alumni from DeepMind, Google X, Meta, and Stanford across the U.S. and UAE markets. These companies are Nodeshift, Candid, Hebbia, Blue and Crunched. Launched as a […]