Dubai-UAE: Dubai Future Foundation (DFF) and Dubai Land Department (DLD) have partnered to boost innovation in property technology (PropTech). The partnership comes under DFF’s Sandbox Dubai, an initiative that aims to develop the city’s regulatory frameworks in support of the Dubai Economic Agenda (D33). PropTech Sandbox further seeks to foster a regulatory environment that accelerates the […]
Abu Dhabi, UAE — Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, on Wednesday executed the first-ever cross-border payment using the UAE’s central bank digital currency (CBDC), marking a historic milestone in the nation’s digital financial transformation. The landmark Digital Dirham transaction—conducted between the UAE and […]
Collaboration to assess joint opportunities across insurtech and govtech to enable seamless access to services for citizens, residents and visitors Agreement aims to simplify digital experiences and support regional trade and innovation across the UAE and Saudi Arabia Abu Dhabi, UAE: First.tech, a global AI-driven group operating across insurtech, fintech, and govtech, has signed a Memorandum […]
Dubai, UAE & Riyadh, KSA: FAST Ventures, a marketing holding company, at the intersection of marketing, technology, and consumers has launched FAST Foundry, its investment arm and venture studio backed by a $3 million fund to boost early stage startups across the wider MENA region. FAST Foundry will invest in startups building the next wave of […]
Kuwait: As part of its strategy to drive digital transformation across all services and products offered to its customers and meet their evolving needs, Warba Bank announced the launch of its new digital platform, Warba Invoice Gate, designed to streamline and accelerate the processing of supplier invoices related to individual financing products (auto financing, medical […]
ABU DHABI, UAE: I.M. Mamlouk & Co., a recently established private equity firm headquartered in Abu Dhabi Global Market (ADGM), has been granted additional regulatory approval to manage private equity collective investment funds. Founded by former J.P. Morgan banker and Public Investment Fund (PIF) investor Issam Al-Mamlouk, the firm is positioned to deploy strategic capital […]
Dubai, UAE – Kingpin, a UAE-based AI-native SaaS company redefining how brands, distributors, and wholesalers find, approach and transact with retailers, has raised $3.5 million in seed funding to accelerate its global distribution platform. The round was backed by US-based Infinity Ventures, Red Swan Ventures, Mu Ventures, as well as UAE-based COTU and Outliers, with […]
UAE-based Secure.com has announced the close of a $4.5 million funding round led by Disrupt.com, coinciding with the launch of its new Digital Security Teammate (DST)—an AI-native security agent designed to help organisations address the widening cybersecurity talent deficit, currently estimated at 4.8 million unfilled roles worldwide. Founded by Uzair Gadit, Secure.com builds AI agents […]
Abu Dhabi, UAE: The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), is collaborating with Space42, the UAE-based AI-powered SpaceTech company with global reach, to co-develop and deploy the UAE’s first space-to-ground quantum communication network, integrating both satellite and ground-based systems powered by sovereign Quantum Key Distribution (QKD) […]