UAE: Network International (Network), a leading FinTech company across the Middle East and Africa, has enabled Slice, a new flexible, credit-card-based installment solution for in-store and online purchases in the UAE, available to eligible customers of Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia (MENATSA) region. Slice expands […]
Commercial Bank of Dubai (CBD) Becomes First UAE Bank to Enable Cross-Bank Payments Through Mobile App
Dubai, UAE: Commercial Bank of Dubai (CBD) has become the first bank in the UAE to enable customers to initiate payments from accounts held with other banks directly through the CBD mobile app. The milestone follows CBD becoming one of the first banks in the UAE to receive approval from the Central Bank of the UAE (CBUAE) […]
Tax Star Raises $1.75m Seed Round to Scale as a Pre-Approved Accredited Service Provider for UAE E-Invoicing
Dubai, UAE, Aug 2026: Tax Star, the UAE’s first AI-powered corporate tax software platform, announced it has closed a $1.75 million seed funding round. The raise comes as Tax Star positions itself around one of its most significant regulatory milestones to date, its status as a pre-approved Accredited Service Provider (ASP) for UAE e-invoicing. The […]
Emirates NBD Launches UAE’s First Transition Finance Framework to Drive Decarbonisation
• Key benefits include improved access to transition finance, clearer eligibility guidance, and support for emissions-reduction and low-carbon investments • New framework underpins Emirates NBD’s commitment to mobilise USD 30 billion of sustainable and transition finance by 2030 Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia […]
Jordan Ahli Bank introduces Jordan’s first ‘Rent Now, Pay Later’ Service
Amman: Jordan Ahli Bank has launched the Kingdom’s first-of-its-kind ‘Rent Now, Pay Later’ service in the banking sector, granting customers a flexible way to finance residential rent. This step demonstrates the bank’s unwavering focus on developing practical banking solutions that respond to the changing needs and lifestyles of its customers. Accessible through the ahli Mobile app, the […]
Pinnacle Launches Saudi Venture Capital Fund Targeting Growth-Stage and Secondary Investments
Riyadh, Saudi Arabia — Saudi Arabia-based investment firm Pinnacle has launched a venture capital fund focused on growth-stage technology companies and secondary investment opportunities in the Kingdom, aiming to address growing demand for growth capital and liquidity in the country’s maturing venture ecosystem. The fund will invest through both primary funding rounds and secondary transactions, […]
Abdallah Abu-Sheikh: Mal is Building the World’s First AI-Native Islamic Digital Financial Platform
Abu Dhabi, UAE – Abdallah Abu-Sheikh, Founder and CEO of Mal, said AI is creating an opportunity to rethink financial services around the customer, moving beyond traditional digital banking towards platforms that can better understand individual needs, bring financial services together and help customers make more informed decisions about their money. Unlike traditional digital banking, where […]
QIA Invests in Lesha Qatar Equity Fund, Strengthening Support for Local Asset Management
The partnership reflects QIA’s commitment to strengthening Qatar’s financial sector and supporting local asset managers, with Lesha becoming the first locally managed fund. The investment advances QIA’s efforts to promote diversified capital markets and long-term economic growth in Qatar. Doha: QIA today announced its investment in Lesha Qatar Equity Fund. Lesha Bank is a Qatar-based Shari’a-compliant […]
Bahrain-based Skyro Names Former Mastercard Executive Maria Medvedeva as Managing Director for Middle East
MANAMA, BAHRAIN — Bahrain-headquartered digital-first consumer finance platform Skyro has announced plans to expand into Saudi Arabia and appointed former Mastercard executive Maria Medvedeva as Managing Director for the Middle East. Medvedeva will lead Skyro’s expansion across Middle Eastern markets, overseeing market-entry strategies, regulatory engagement, local team development, partnerships with financial institutions, and the company’s […]
ADX becomes first MENA exchange to open “live” market data directly to ChatGPT, Claude and other AI platforms
Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, has become the first exchange in the MENA region to offer all investors, institutions, developers and market participants access to official “live” ADX market data through conversational AI tools like ChatGPT, Claude, and other large language […]
