A new milestone for Morocco’s startup ecosystem: ORA Technologies and Azur Innovation Fund have joined forces to acquire Cathedis, a leading national player in e-commerce logistics and last-mile delivery. This transaction marks the first-ever consolidation deal between Moroccan startups, financed exclusively with local capital. It positions ORA as a central player in Morocco’s e-commerce and […]
Dubai, UAE: National Bank of Fujairah (NBF) and StorIT Distribution today announced a strategic alliance to deliver tailored channel financing solutions to technology clients across the UAE. By combining StorIT’s extensive partner network and market reach with NBF’s specialist expertise in technology financing, the collaboration will expand access to flexible working capital solutions that support growth […]
DUBAI – The Lab Ventures, an operational venture capital firm with offices in Madrid and Dubai, announces the successful close of its second fund at AED 124 million (€29.1 million), positioning the firm to accelerate B2B digitization across the MENA and European markets, with a particular focus on PropTech, HealthTech, and AI-enabled professional services. The fund […]
Manama, Bahrain: GFH Financial Group (“GFH” or “the Group”) has partnered with Binance, the world’s leading blockchain ecosystem and digital-asset exchange, to launch a landmark initiative: Bahrain’s first bank-integrated crypto payment solution. The strategic collaboration seamlessly merges the trust and security of traditional finance with the innovation of blockchain technology, positioning GFH as the first financial […]
Non-interest income surged 34 percent year-on-year Abu Dhabi Commercial Bank PJSC (ADCB) today announced its financial results for the third quarter and nine-month period of 2025 (Q3’25 and 9M’25). Profit before tax has risen for 17 consecutive quarters, propelled by robust top-line growth momentum and a significant 460 basis points year-on-year improvement in the cost-to-income […]
Riyadh, Saudi Arabia: The Arab Investment Company (TAIC) announced a strategic partnership with Franklin Templeton, one of the world’s largest asset management companies, to invest US$ 70 million in the Franklin Gulf Wealth Bond Fund. This investment underscores TAIC’s commitment to enhancing the efficiency of its investment portfolio while achieving sustainable returns for its shareholders. The […]
As part of the UAE Coding Day event “UAE Codes 2025” Dubai, UAE – The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office in collaboration with Google, launched “AI for All” an initiative as part of the UAE Coding Day event “UAE Codes 2025.” The initiative aims to build the capabilities of individuals in […]
Reimagining salary disbursement through a powerful fintech -remittance alliance, ushering in a new era of speed, security, and financial inclusion across the UAE. Abu Dubai, UAE — Index Exchange has partnered with botim money to extend botim’s fully digital and compliant Wage Protection System (WPS) payroll solution in the UAE. The service is designed to simplify and […]
Dubai, UAE — Commercial Bank International (CBI), a leading UAE bank, has announced the launch of CBIx, its dedicated innovation and ventures arm. This independent subsidiary will accelerate disruptive ideas across banking, bridging emerging technologies with real-world applications to drive innovation and new ventures. The creation of CBIx is part of CBI’s long-term strategy to embed […]
Already one of the UAE’s simplest ways for businesses to get paid, Ziina now extends into expense management becoming the only licensed startup to offer both acquiring and now issuing as well as expense services. Dubai, UAE: Ziina, a leading licensed UAE fintech platform offering both acquiring and issuing, announces the launch of Ziina Card, its […]