Ottu collaborates with Mastercard to empower global and regional enterprises to scale effortlessly across the GCC with local payment methods

Ottu collaborates with Mastercard to empower global and regional enterprises to scale effortlessly across the GCC with local payment methods

Expanded access to local and global payment methods across Kuwait, Qatar, Bahrain and Oman through Mastercard Merchant Cloud Dubai, UAE, December 16, 2025: Ottu, a leading regional fintech, has signed a strategic agreement with Mastercard to drive digital commerce across the GCC. The partnership brings together Mastercard Merchant Cloud with Ottu’s regional expertise to simplify […]

Mastercard and Madari Space to explore opportunities for collaboration

Mastercard and Madari Space to explore opportunities for collaboration

Dubai, UAE: Mastercard signed a memorandum of understanding (MoU) with Madari Space to explore opportunities for collaboration. The initiative aims to assess how such technologies could support future digital infrastructure needs with a focus on security, resilience, and sustainability. As global data volumes surge and terrestrial data centers face physical and environmental challenges, there is growing […]

BankDhofar receives Citibank’s 2025 ‘Straight-Through-Processing’ Excellence Award for USD payments

BankDhofar receives Citibank’s 2025 ‘Straight-Through-Processing’ Excellence Award for USD payments

MUSCAT: BankDhofar has been awarded the prestigious Straight-Through-Processing (STP) Excellence Award for 2025 by Citibank, in recognition of its exceptional performance in the automated, error-free processing of US Dollar payments. The award marks a significant milestone in the bank’s continuous drive toward operational excellence, customer trust, and technological advancement. The Citibank STP Award is presented annually […]

ADIO Partners with Bain Capital to Launch Fintech, Insurance, Digital and Alternative Assets (FIDA) Cluster

ADIO Partners with Bain Capital to Launch Fintech, Insurance, Digital and Alternative Assets (FIDA) Cluster

Strategic partnership aims to position Abu Dhabi as a leading hub for global asset management and attract high-growth companies to the region through the new Fintech, Insurance, Digital and Alternative Assets (FIDA) cluster. Abu Dhabi, UAE – The Abu Dhabi Investment Office (ADIO) today announced a strategic partnership with leading global private investment firm, Bain Capital, […]

Algeria-based traveltech Völz raises $5 million in Series A round

Algeria-based traveltech Völz raises $5 million in Series A round

Algiers, Algeria – December 2025: Algeria-based traveltech startup VOLZ has raised 600 million Algerian dinars (nearly $5 million) in a Series A funding round led by a consortium of private investors under Tell Group, with participation from Groupe GIBA – Babahoum Industrial Group Algeria, best known for its mineral water brand Guedila. The funding was […]

Samsung and Amazon collaborate to enhance digital customer experiences across the UAE and Saudi Arabia

Samsung and Amazon collaborate to enhance digital customer experiences across the UAE and Saudi Arabia

Dubai, UAE – Samsung Electronics MENA and Amazon, have signed a Memorandum of Understanding (MoU) advancing their ongoing collaboration to enhance the customer experience, deepen digital integration, and deliver meaningful value through innovation and convenience in the UAE and Saudi Arabia. As part of the MoU, Samsung and Amazon will work together across several key areas […]