Global payments and financial platform Airwallex is investing $1.135 billion to fuel its expansion in the United Kingdom and the Europe, Middle East and Africa (EMEA) region over the next five years. The company will use the new investment to open in new markets, launch new products and add 100 new senior engineering roles in the U.K., according to […]
Dubai, UAE: Ziina, the UAE’s leading homegrown consumer and business payments platform, and Virtuzone, a corporate services provider specialising in company formation, tax, and compliance in the UAE, announce a strategic partnership to strengthen the operational readiness of UAE businesses. The partnership connects company formation with payments infrastructure. Virtuzone businesses gain access to Ziina’s payment gateway and […]
HSBC, Standard Chartered set for Hong Kong stablecoin licences. Hong Kong to issue first stablecoin licences from 36 applicants. HKMA prioritizes banks for stablecoin rollout to ensure stability HSBC and Standard Chartered are poised to become the first licensed stablecoin issuers in Hong Kong. Bloomberg posted on X, highlighting the significance of this development in […]
Source: Zawya A unit of the Abu Dhabi Investment Authority (ADIA) has invested in Dignari Capital Partners (DCP), a Hong Kong‑based private credit investment manager. The wholly owned subsidiary of the sovereign wealth fund committed capital to Dignari’s Asia Pacific Developed Markets Private Credit Strategy, a fund focused on real estate‑linked private credit opportunities. The […]
Source: Zawya As the war between Iran, Israel and the US continues into its second week, investment banks in the GCC, which had expanded over the past 24 months amid a flurry of DCM and ECM deals, have signalled that they are maintaining their local operations. On Tuesday, Iran’s Islamic Revolutionary Guard Corps (IRGC) warned […]
Bybit Pay is launching Mastercard Crypto Credential™, to make on-chain transfers simpler and safer with username-based sending and built-in compatibility checks. Send crypto with a username With Bybit Pay and Mastercard Crypto Credential™, you can replace long blockchain addresses with an easy-to-use username based on your email address or phone number. Every transfer is automatically […]
Muscat: Enhancing the digital payment experience, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has launched Apple Pay for its customers. This new service allows the bank’s credit and debit cardholders to make secure, fast, and convenient payments. The launch of Apple Pay reflects Bank Nizwa’s ongoing commitment to providing […]
Manama – Standard Chartered Bahrain has confirmed that its operations across the Kingdom remain fully functional and continue to run at full capacity. The Bank reaffirmed its ability to deliver seamless banking and financial services through both its branch network and digital platforms, ensuring that clients’ needs are met without interruption and that service continuity is […]
SHARJAH, UAE – XCath, a medical device company that is pioneering neuro-endovascular surgical robotics, part owned by Crescent Enterprises, announced today that it has secured $30 million in Series C funding, bringing the total raised since the company’s inception to $92 million. The latest funds will support XCath’s ongoing efforts to bring the world’s first commercially-practical […]
Dubai: The DIFC Innovation Hub, the largest start-up and innovation hub in the world operating out of Dubai International Financial Centre (DIFC), in partnership with Capital.com has announced the launch of CapitalHer, a new flagship programme designed to empower women across the GCC with the knowledge, confidence, and practical exposure needed to engage with financial markets responsibly. CapitalHer […]