Ajman, UAE: Ajman Bank, one of the UAE’s leading Islamic financial institutions, has signed a Memorandum of Understanding (MoU) with Numou Ltd, a subsidiary of Abu ADGM, the international financial centre of Abu Dhabi and a UAE-based digital financing marketplace , to explore strategic collaboration opportunities aimed at expanding access to Shari’ah-compliant financing solutions for small […]
Riyadh, Saudi Arabia; SNB Group, in collaboration with Mastercard, today announced the launch of the SNB World Legend Mastercard, becoming the first financial institution in the Middle East and North Africa to to offer Mastercard’s most prestigious card tier to its Private Banking clients. The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and […]
Abu Dhabi, UAE: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has announced that Payit, its digital financial platform, has launched Send Now Pay Later (SNPL), giving eligible customers greater flexibility and control over how they send money internationally. Whether it’s supporting family during an […]
MENA-born enterprise voice AI startup HeyBreez has raised $2.5 million in an oversubscribed Seed round led by Lunara Partners, with participation from Jabbar Group, DASH Ventures and strategic angel investors. Founded in 2025 by Karim Malhas and headquartered in Delaware, with offices in Amman and Dubai, HeyBreez provides infrastructure for deploying and managing enterprise voice […]
Oraseya Capital deepens engagement with startup ecosystem Agreement strengthens pathways from startup incubation to venture capital Dubai, United Arab Emirates: Oraseya Capital, the investment arm of Dubai Integrated Economic Zones Authority (DIEZ), has signed a Memorandum of Understanding (MoU) with NQubator, an innovation platform for early-stage tech venture creation, to establish a strategic framework supporting […]
Two specialised programmes structured around four core pillars covering leadership development, artificial intelligence, financial analysis, strategic planning and financial advisory Flexible learning framework offering face-to-face, virtual and hybrid delivery Younis Haji AlKhoori: Partnership reflects the Ministry’s vision of building a more efficient, sustainable and innovation-driven public financial ecosystem Arif Amiri: This collaboration reinforces DIFC’s commitment to […]
By Hamna Shakeel The Dubai Financial Services Authority (DFSA) announced this month a fresh round of regulatory moves, integrating agentic AI further into its own operations, recognizing three fiat-backed stablecoins for use within the Dubai International Financial Centre (DIFC), and signing a memorandum of understanding with the Virtual Assets Regulatory Authority. Adoption among the firms […]
BENEFIT, Kingdom’s innovator and leading company in fintech and electronic financial transactions service, has launched its Digital Direct Debit service, bringing credit and payment capabilities together to support a more connected lending journey, from credit assessment through to the secure and timely repayment of financial obligations. The service allows banks and financial institutions to establish […]
Cairo, Egypt: Egypt-based investment advisory platform Exits MENA has signed a multi-seven-figure transaction, alongside Avanz Capital Egypt’s existing local management, to acquire Avanz Capital Egypt (ACE), a private equity and asset management firm. The transaction has received initial approval from Egypt’s Financial Regulatory Authority (FRA) and marks a significant step in Exits MENA’s strategy to […]
A.P. Moller Capital – Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund to acquire majority stake in Globex, establishing a partnership with Founder and CEO Omar El Kadiri, who will remain in place along with an experienced management team Globex is underpinned by exclusive local market licensing agreements, with established market positions in […]