Property Finder announces $170mln Investment led by Mubadala

Property Finder announces $170mln Investment led by Mubadala

ABU DHABI / DUBAI, UAE: Property Finder, the Middle East’s leading property portal, today announced a new $170 million investment from the Mubadala Investment Company “Mubadala,” an Abu Dhabi-based sovereign investor, alongside another UAE sovereign wealth fund and BECO Capital. The investment underscores Property Finder’s position as the region’s leading property portal, and reaffirms Property Finder’s […]

CBI achieves record profit in 2025, delivering AED 311mln pre-tax net profit with 40% YoY growth

CBI achieves record profit in 2025, delivering AED 311mln pre-tax net profit with 40% YoY growth

Abu Dhabi, UAE – Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today announced strong financial results for the full year ended 31 December 2025, marking the highest profitability in the Bank’s history and demonstrating significant progress in its strategic transformation. Key Highlights: Pre-tax net profit of AED 311 […]

Mantas exits stealth with $1.77 Million Seed Round to expand cloud outage insurance for the digital economy

Mantas exits stealth with $1.77 Million Seed Round to expand cloud outage insurance for the digital economy

The company applies a fresh lens to parametric insurance to automatically cover the operational and financial impact of cloud service interruptions. Dubai, UAE: Cloud infrastructure has become the backbone of modern business. Yet when cloud services fail, the financial consequences are often immediate and severe, while protection remains limited or nonexistent. Mantas was founded on the belief that […]

PayPal partners with NEO PAY to Accelerate Cross-Border Payments for Businesses Across the UAE

PayPal partners with NEO PAY to Accelerate Cross-Border Payments for Businesses Across the UAE

PayPal, a global digital payments and commerce platform, today announced a strategic partnership with NEO PAY, the UAE’s fast-growing digital payments leader. With this partnership, PayPal is taking another bold step in reshaping digital commerce across the Middle East and Africa by bringing businesses closer to a borderless, secure, and frictionless cross-border payment future. Through […]

Careem Pay accelerates global remittance with wallet transfers to Egypt and cash pickups in Lebanon and the Philippines

Careem Pay accelerates global remittance with wallet transfers to Egypt and cash pickups in Lebanon and the Philippines

Cash pickup is now available in Lebanon through partnership with Whish Money at over 1,000 locations. Cash pickup is now available in the Philippines at 14,750 locations, as well as improved transfers to Philippines wallets with direct GCash integration, delivering transfers in under 10 minutes. Dubai, UAE – Careem Pay, the digital payments platform within the Careem […]

Falconbridge Advisors Announces Doha Expansion to Bridge Institutional Capital with Qatar’s $200B+ Non-Hydrocarbon Economy

Falconbridge Advisors Announces Doha Expansion to Bridge Institutional Capital with Qatar’s $200B+ Non-Hydrocarbon Economy

Strategic move positions the female-led advisory firm as a primary corridor facilitator for global capital navigating Qatar’s Third National Development Strategy (NDS3). DOHA, QATAR – Falconbridge Advisors, the Dubai-headquartered boutique advisory firm, today announced the strategic expansion of its operations with the opening of its Doha office. The move formalizes and strengthens the commercial bridge […]

Visa establishes new region to accelerate digital payments growth in UAE, Kuwait & Qatar

Visa establishes new region to accelerate digital payments growth in UAE, Kuwait & Qatar

Dubai – Visa today announced the creation of a new region within Central and Eastern Europe, the Middle East and Africa (CEMEA) bringing the United Arab Emirates, Kuwait and Qatar under a dedicated leadership structure. This new region reflects Visa’s long-standing commitment to these strategically important markets and is designed to further accelerate innovation, strengthen local partnerships, and deliver […]

Mirae Asset Global Investments Signs MoU with Ctrl Alt to Explore Fund Tokenization in the UAE

Mirae Asset Global Investments Signs MoU with Ctrl Alt to Explore Fund Tokenization in the UAE

Dubai, UAE – January 22, 2026 – Mirae Asset Global Investments, a multinational asset manager, has signed a Memorandum of Understanding (MoU) with Ctrl Alt, a leading tokenization infrastructure provider, to pioneer fund tokenization in the UAE. The partnership aims to expand access to alternative assets by exploring how existing regulated frameworks may be used for […]

UAE's Wio Bank Inks Partnership With Global Fintech Pine Labs to Modernise Merchant Acquiring Infrastructure

UAE’s Wio Bank Inks Partnership With Global Fintech Pine Labs to Modernise Merchant Acquiring Infrastructure

DUBAI, United Arab Emirates — Pine Labs, a global fintech platform transforming how businesses accept and manage payments, today announced a strategic partnership with Wio Bank, the Middle East’s leading digital financial platform. The collaboration is going to build a modern acquiring infrastructure for Wio Bank with no legacy tech dependency, enabling faster merchant onboarding, […]

Snowflake launches AWS deployment in UAE, building on its $2bln sales in AWS Marketplace

Snowflake launches AWS deployment in UAE, building on its $2bln sales in AWS Marketplace

Dubai, UAE – Snowflake, the AI Data Cloud company, has announced the general availability of Snowflake’s AI Data Cloud on the Amazon Web Services (AWS) Middle East (UAE) Region, enabling customers to unlock deeper data insights powered by AI to drive business innovation. The regional cloud expansion builds on the strong partnership momentum between Snowflake and AWS, […]