DMCC has unveiled the world’s largest silver bar – a 1,971kg Guinness World Record asset at the Dubai Precious Metals Conference Silver bar commemorates UAE’s founding year and symbolises national craftsmanship and innovation Bar is now set to be tokenised on DMCC’s Tradeflow platform under landmark project with key industry players Sam Precious Metals, Tokinvest […]
Dubai, UAE: Revibe, the fast-growing marketplace for refurbished electronics, has raised $17 million in a new funding round led by Partech, with participation from E& Capital, Burda Principal Investments, and EQNX, alongside existing investors. The new funding will help Revibe continue improving its service and the quality of its devices while accelerating international expansion across the […]
Fundraise provides liquidity for employees, deepens partnerships with leading investors. Transaction was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company with participation from NVentures, NVIDIA’s venture capital arm, and other leading investors. Valuation follows period of strong financial performance and major global expansion milestones, including new banking authorisations in Mexico and Colombia. […]
The new suite of enhanced global dining, entertainment and travel benefits has been designed for cardholders of Mastercard’s World, World Elite and the newly created World Legend portfolios Dubai, United Arab Emirates: Mastercard has launched The Mastercard Collection, a new suite of enhanced global dining, entertainment and travel benefits, in the Eastern Europe, Middle East and […]
Ahead of the UAE’s ‘Year of Family’, Wio Bank introduces a new way for households to manage money together Co-created with real families across the UAE, it reflects how money is lived, shared, and managed socially within households Abu Dhabi, UAE: Wio Bank has launched Wio Family, the UAE’s first fully shared banking experience – […]
Abu Dhabi, United Arab Emirates: Inception, a G42 company and the region’s leading innovator of AI-powered domain-specific products and enterprise solutions, today announced a strategic partnership with Ireland-based Mirror Security, a global leader at the forefront of GenAI security. Under the terms of the agreement, Inception and Mirror Security will co-develop advanced AI security products tailored […]
UAE-based AI robotics startup Buildroid AI has emerged from stealth after securing $2 million in a pre-seed funding round, led by renowned venture capitalist Tim Draper, known for backing global innovators such as Tesla, SpaceX, Skype, and Robinhood. Founded in 2025 by Slava Solonitsyn and Anton Glance, Buildroid AI integrates specialised and general-purpose robots directly […]
Bahrain – BENEFIT, the Bahraini innovator and a leading company in fintech and electronic financial transactions service, and Ant International, a leading global digital payment, digitisation and financial technology provider, headquartered in Singapore, have partnered to launch cross-border QR payments between Bahrain’s BENEFIT QR payment scheme and Ant International’s global wallet gateway, Alipay+, during 2026 support […]
In a landmark move that reaffirms its position as a leader in financial innovation, National Bank of Kuwait (NBK) has announced the launch of Kuwait’s first-ever Point-of-Sale (POS) Financing solution, exclusively tailored for small and medium enterprises (SMEs). This groundbreaking service marks a major milestone in SME banking, offering businesses access to financing of up […]
Manama, Kingdom of Bahrain: In a significant move reflecting its leadership in shaping the digital financial landscape in the Kingdom of Bahrain, FLOOSS, a pioneering provider of digital financing solutions licensed by the Central Bank of Bahrain as an instant Islamic finance company, has announced an increase in its standard financing limit. Going from BD […]