Hami streamlines medical intake, analyzes clinical data and generates evidence-based recommendations for physicians, says firm Says Hami is currently in active deployment across multiple hospitals in Pakistan and will expand globally over the coming year ISLAMABAD: A US-based health tech firm founded by Pakistani American trauma surgeon Dr. Adil Haider announced on Tuesday it had […]
Anaconda, Inc., the company committed to advancing AI with open source at scale, today announced that it raised over $150M in a Series C funding round led by Insight Partners, with participation from Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue (ARR) as of July 2025. This news comes on the heels […]
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced an exclusive, limited time package of privileges for clients who apply to transfer their credit card balances to Khaleeji. Through this offer, Khaleeji will waive its profit for six months, reducing the profit rate to 0% […]
Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. In a post on the X platform, QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank’s broader efforts to develop and regulate […]
This landmark initiative represents a major step forward in building a strong, collaborative, and future-ready (re)insurance ecosystem. Abu Dhabi, UAE – In a groundbreaking move for the UAE’s financial and (re)insurance sectors, the first-ever (Re)insurance Association, has been officially launched within the ADGM, the international financial centre of Abu Dhabi. This landmark initiative represents a major […]
Dubai, United Arab Emirates – Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, today announced a $200 million investment over the next three years to fuel the growth, reach, and impact of its global partner ecosystem. This commitment will expand opportunities for Confluent partners to make data streaming a strategic part of their businesses, opening new revenue […]
Abu Dhabi, United Arab Emirates, 31 July 2025 – Phoenix Group PLC (ADX: PHX), a pioneering global cryptocurrency, blockchain, and digital asset infrastructure company, today announced its Q2 2025 results, including formalizing a digital asset treasury valued at over $150 million. Q2 2025 Highlights: Strategic Treasury Launch: First ADX-listed company to formalize a $150M+ treasury […]
Mataa, a Libya-based e-commerce platform, announced the closing of its first Seed investment round, backed by a group of Libyan business angels. The funding marks a significant milestone in the startup’s journey to enhance digital commerce in Libya and the broader North African region. Speaking on the occasion, Mataa’s Founder and CEO Ibrahim Shuwehdi stated […]
This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged. Abu Dhabi: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken following the US Federal Reserve’s announcement […]
Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, today (July 28) announced that its private equity team has acquired a stake in Foodics, a leading cloud-based technology and payments platform for restaurants in the Mena region. Foodics was established in 2014 and supports more than 33,000 restaurants […]