Dubai, UAE – Ottu, the Middle East’s leading Online Payment Management System (OPMS), proudly announces the signing of an integration partner agreement with Ellucian, the global leader in higher education technology solutions. The signing ceremony was held at Ellucian’s regional headquarters in Dubai, marking a strategic milestone in the advancement of digital payments within the education […]
TikTok Partners with Visa to empower SMBs in the UAE
Dubai, UAE – TikTok and Visa have announced a strategic collaboration to support small and medium-sized businesses (SMBs) across the United Arab Emirates, equipping them with tools, resources, and incentives to help them thrive in the digital economy. Starting 1st July 2025, SMBs that spend $250 on their TikTok campaign using a Visa Commercial card will […]
Bitcoin Makes History After Crossing $122,000 Level For the First Time
Bitcoin (BTC) has set a new all-time high of $ 122,266 on Monday morning. For those who haven’t been following BTC’s journey, the flagship currency has gained over $45,000 since dropping as low as $75,000 in early April. At around 9:00 a.m. UAE Time, BTC was up nearly 3 percent, reaching a high of $122,666. […]
Financial Services Firms Operating in Bahrain enjoy up to 48% cost advantage
Annual labour costs of a financial services tech hub in Bahrain are up to 24% more competitive than the GCC. Bahrain’s financial services sector is 85% more cost-effective in business and licensing fees than the GCC average Manama – Kingdom of Bahrain: Bahrain has been ranked as the most cost-competitive location to operate a financial services […]
Beyon Money, EazyPay to Launch Co-Branded POS Solution for Bahrain’s Merchants
Bahrain – Beyon Money Business, part of the leading Bahrain technology group Beyon, has signed a strategic partnership with Eazy Financial Services (EazyPay), a POS & online payment gateway acquirer and payment services provider in the kingdom licensed by the Central Bank of Bahrain. The collaboration will see the creation of a closed-loop payment ecosystem […]
Ripple selects BNY as custodian for RLUSD reserves
Ripple, the leading provider of digital asset infrastructure for financial institutions, announced it has selected The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, for the primary custody of Ripple USD (RLUSD) reserves. Ripple and BNY are jointly committed to paving the way for digital asset adoption at institutional […]
Water Harvesting (WaHa) Secures $8mln Series A-1 Funding to Accelerate grwoth in UAE and GCC
Fremont, CA/Abu Dhabi, United Arab Emirates: Water Harvesting Inc. (WaHa) announced the close of an $8 million Series A-1 financing and corporate reorganization. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from WaHa’s largest noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting […]
Airalo becomes the first eSIM unicorn with an investment round of $220mln
Backed by strong global demand, Airalo is scaling its eSIM solutions and infrastructure to power the next generation of travel with borderless mobile access for consumers and businesses alike. LEWES, Del., – Airalo, the world’s first and largest eSIM provider, today announced a $220m investment led by new investor, CVC. The investment includes new growth capital […]
Binance launches Sharia Earn as first multi-token staking service compliant with Islamic finance principles
Officially certified by Amanie Advisors. The introduction of Sharia Earn marks a critical milestone in Binance’s commitment to an inclusive financial future in line with Islamic principles. The product launches with official Sharia certification from Amanie Advisors – a globally recognized Sharia advisory firm. Sharia Earn redefines halal investing, creating value-driven passive income opportunities for […]
Network International and Magnati Secure Regulatory Approvals for Landmark Merger in MEA
With a combined Total Payment Volume (TPV) of over USD 400 Billion, the merged entity will become the largest fintech company in Middle East and Africa (MEA). DUBAI, UAE – Network International, a leading fintech company in the Middle East and Africa (MEA), and Magnati, a leading provider of payment solutions in the UAE, today announced […]