Trendle, the parent company of MASAHA App, has successfully closed its second Seed investment round, reaching a valuation of $1.5 million. The round was supervised by Dr. Yaqoub Al-Sane’s Law Office and saw participation from Fifty Studios Holding along with a group of prominent angel investors. Founded in 2022 by Faisal Al-Qarnous and Bader Aburezq, […]
Abu Dhabi, UAE – Binance, the world’s largest cryptocurrency exchange by trading volume and users, today announced a landmark regulatory achievement: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has formally approved the authorisation of Binance’s global platform, Binance.com, under a comprehensive regulatory framework. […]
Dubai UAE – botim money, botim’s financial services arm serving millions of users in the UAE and beyond and Binance, the world’s largest blockchain ecosystem and crypto asset exchange, have signed a Memorandum of Understanding (MoU) to explore bringing digital asset access to customers. The MoU aligns with botim’s expansion from a communications-led platform to offer […]
NEW YORK & LONDON– Cantor, a premier global investment bank and part of the Cantor Fitzgerald group of companies, today announced it is expanding its presence in the Middle East and opening a new office in ADGM, the International Financial Centre of Abu Dhabi, United Arab Emirates. The firm has secured in-principle approval for a […]
Source: Zawya Qadi deconstructs local laws, regulations and internal policies and encodes their rules into AI agents that take actions, and integrates compliance checks proactively into business workflows. Dubai, UAE: Qadi, the Middle East’s first sovereign regulatory compliance platform, today emerged from stealth and announced its pre-seed funding round, led by Incubayt. Qadi’s platform turns […]
Dubai, UAE: In a major step toward advancing its digital transformation agenda, Dubai Customs has signed a Memorandum of Understanding (MoU) with Binance during Binance Week, aiming to expand its digital payment capabilities by integrating crypto-enabled transactions across commercial and logistical operations. The MoU was signed by His Excellency Dr. Abdulla Busenad, Director General of […]
ABU DHABI – Abu Dhabi-based Zelo, formerly known as eFunder, said on Thursday it has received $715 million in capital from its parent, International Holding Company, to expand its financing services for small- and medium-sized businesses. Zelo provides small businesses and mid-tier suppliers with liquidity by converting approved invoices from government entities, large corporates and major […]
Abu Dhabi, United Arab Emirates: Investcorp Capital PLC (the “Company” or “ICAP”), a company founded by Investcorp and listed on the Abu Dhabi Securities Exchange (ADX symbol: “ICAP”), today announced that it has successfully acquired a diversified portfolio of industrial assets for approximately $400 million. The deal was arranged by Investcorp and features properties located across […]
These blueprints will enable AI agents to handle complex, multi-step transactions from product discovery and price comparison to secure checkout and order tracking. Dubai, UAE: Visa and AWS have teamed up to enable AI agents to transact securely and autonomously on behalf of users. By combining Visa’s global payment infrastructure with AWS’s AI and cloud capabilities, […]
The strategic agreement outlines the development of a comprehensive framework to help UHNW Individuals and their family businesses protect their wealth and pass on their legacy and values to future generations Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has announced a […]