Damascus, Syria: Mastercard and the Central Bank of Syria have launched a series of structured knowledge sharing exchanges and technical workshops aimed at strengthening institutional capabilities and advancing best practices in payments and financial services. The initiative builds on the strategic cooperation framework established through a memorandum of understanding (MoU) signed in September 2025, and reflects […]
Visa advances payments modernization in Syria with inaugural conference and central bank workshop
Damascus – Visa, a global leader in digital payments, today reinforced its support for the establishment of a future-ready payments ecosystem in Syria through “Visa Connect Syria”, an inaugural industry gathering of financial institutions, ecosystem partners, and policymakers focused on advancing secure, modern digital commerce. The event was followed by a technical workshop with the Central Bank […]
QuicKart raises $1.5mln to revolutionise farm-to-home fresh produce access across the UAE
Capital will be deployed with precision toward supply-chain optimisation, technology enhancement, and expanding last-mile fulfilment capabilities. Dubai, UAE – QuicKart, the UAE’s first dedicated fresh commerce platform specialising in dairy and farm produce, has secured US$1.5 million in seed funding to accelerate its farm-to-home model, strengthen operational infrastructure across Dubai, Sharjah, and Ajman, and prepare for […]
DIB delivers strong revenue of AED 13.3bln and pre-tax profit of AED 9.0bln as total assets grow 21% to AED 416bln
Robust growth in Net Financing Assets of 23% YoY to AED 262 billion, with Sukuk investments reaching AED 91 billion, up 10% YoY Customer Deposits accelerated by 29% YoY to AED 320 billion Pre tax profit grew by 20% to AED 9.0 billion against normalised FY’24 pre tax profit of AED 7.5 billion* Proposed dividend of […]
Alpha Dhabi reports record results with highest ever full year revenue of AED 78.8bln, and strongest ever net profit of AED 15.0bln
Mohamed Thani Murshed Ghannam Al Rumaithi: “Achieving record-breaking results across revenue, net profit, and adjusted EBITDA is a milestone to be proud of. Yet, it’s important to remember that this didn’t happen by chance, nor is it a single occurrence – our performance in 2025 represents years of persistence as well as tactful execution across […]
Smart Bricks raises $5M led by Andreessen Horowitz (a16z) to Build the AI Infrastructure Layer for Global Real Estate
[Feb. 10, 2026] – Smart Bricks, a frontier AI lab building agentic AI infrastructure for real-estate investing, today announced a $5 million pre-seed round led by Andreessen Horowitz, with participation from leading funds and angels across the US, Europe, and the Middle East. Founded in 2024, Smart Bricks is re-architecting how real estate is discovered, […]
Liv and Union Coop partners to offer more value and rewards to UAE consumers in collaboration with Mastercard
Liv Tamayaz Mastercard Platinum credit card and Liv Tamayaz Mastercard World credit card delivers unmatched everyday value under the promise of ‘Your everyday, upgraded’, offering consumers up to 10% cashback on Union Coop purchases, along with enhanced lifestyle benefits. Dubai, UAE: Liv, the UAE’s first and largest digital bank launched by Emirates NBD, a leading banking […]
Zand and Ripple in strategic partnership to power digital economy with stablecoin and blockchain innovations
10 February 2026, Dubai, United Arab Emirates – Zand, an AI and blockchain-powered digital bank in the United Arab Emirates (UAE), and Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, are partnering to help advance and support the digital economy, with innovative solutions powered by the Zand AED stablecoin (AEDZ) and […]
DeFi Technologies launches the DEFT Valour Investment Opportunity Index
A regulated, capital-based benchmark delivering forward-looking insight into digital asset markets DeFi Technologies (via Valour) launched the DEFT Valour Investment Opportunity (DVIO) Index, an institutional-grade benchmark that tracks how regulated investor capital is allocated across digital assets using real flows through Valour’s ETP platform. The Index is designed to deliver higher “signal quality” than typical […]
UAE-Based ThrowMeNot Raises $550,000 Pre-Seed to Combat Food Waste
Dubai, UAE — ThrowMeNot, a sustainability-focused online marketplace addressing food waste, has raised $550,000 in a pre-seed funding round, led by Sheikh Ahmed bin Mana bin Khalifa Saeed Al Maktoum. Founded in 2025 by Archie Rudyuk, ThrowMeNot is building a dedicated marketplace for near-expiry and surplus goods, enabling suppliers to recover value from inventory that […]
