Dubai, UAE: In a major step toward advancing its digital transformation agenda, Dubai Customs has signed a Memorandum of Understanding (MoU) with Binance during Binance Week, aiming to expand its digital payment capabilities by integrating crypto-enabled transactions across commercial and logistical operations. The MoU was signed by His Excellency Dr. Abdulla Busenad, Director General of […]
Abu Dhabi’s Zelo secures $715 million from IHC to expand SME financing platform
ABU DHABI – Abu Dhabi-based Zelo, formerly known as eFunder, said on Thursday it has received $715 million in capital from its parent, International Holding Company, to expand its financing services for small- and medium-sized businesses. Zelo provides small businesses and mid-tier suppliers with liquidity by converting approved invoices from government entities, large corporates and major […]
Investcorp Capital acquires $400mln diversified U.S. industrial real estate portfolio
Abu Dhabi, United Arab Emirates: Investcorp Capital PLC (the “Company” or “ICAP”), a company founded by Investcorp and listed on the Abu Dhabi Securities Exchange (ADX symbol: “ICAP”), today announced that it has successfully acquired a diversified portfolio of industrial assets for approximately $400 million. The deal was arranged by Investcorp and features properties located across […]
Visa collaborates with AWS to deliver secure agentic payments
These blueprints will enable AI agents to handle complex, multi-step transactions from product discovery and price comparison to secure checkout and order tracking. Dubai, UAE: Visa and AWS have teamed up to enable AI agents to transact securely and autonomously on behalf of users. By combining Visa’s global payment infrastructure with AWS’s AI and cloud capabilities, […]
Emirates NBD enters strategic agreement with DIFC to empower families and safeguard legacies
The strategic agreement outlines the development of a comprehensive framework to help UHNW Individuals and their family businesses protect their wealth and pass on their legacy and values to future generations Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has announced a […]
Visa Partners with Central Bank of Syria to Build Modern Digital Payments Ecosystem
DAMASCUS, Syria: Visa (NYSE: V) today announced a partnership with the Central Bank of Syria and financial authorities and institutions to implement a strategic roadmap designed to help Syria rapidly integrate into the modern global digital economy. Aligning with its mission to uplift everyone, everywhere, Visa will launch operations in Syria and support the creation of […]
Türkiye’s digital asset platform Paribu has acquired CoinMENA, MENA’s largest local crypto exchange
İSTANBUL – Türkiye’s leading digital asset platform Paribu today announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the company at up to USD 240 million. The deal represents Türkiye’s largest fintech transaction to date and the country’s first cross-border acquisition of […]
Standard Chartered Opens Representative Office in Morocco, Strengthens Regional Expansion Strategy
Casablanca: Standard Chartered marked a major milestone in its regional expansion with the official launch of its new Representative Office in Morocco, during an event held in the presence of high-level government officials, regulators, diplomats, clients and strategic partners. The ceremony brought together distinguished attendees including Mr. Saïd Ibrahimi, Chief Executive Officer of Casablanca Finance City […]
Mbank and 7X unlock digital payments with AE Coin across the UAE’s logistics, e-commerce, and digital ecosystems
Abu Dhabi, UAE — 4 December 2025: Al Maryah Community Bank (Mbank), the UAE’s first fully integrated digital bank, has announced a strategic collaboration with 7X, a leading trade, transport, and logistics group. The collaboration between both entities aims to enable blockchain-powered digital payments using AE Coin, the nation’s first AED-pegged stablecoin licensed by the […]
Reno raises $4 million to continue transforming renovation across the region
Dubai, United Arab Emirates: Reno, the region’s leading tech-driven renovation platform, has secured $4 million, in a mix of equity and debt, in funding to scale its mission of building the region’s first end-to-end operating system for renovations. The current fundraise supports the launch of Reno’s new app in early 2026, introducing real-time AI-powered design, instant […]
