Manama – stc pay, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has won the Fintech – Telecommunications category at the Middle East Technology Excellence Awards 2025. The recognition highlights stc pay’s role in driving Bahrain’s digital transformation and delivering secure, accessible, and innovative financial services to individuals and businesses across the Kingdom. Licensed by the Central […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced a strategic collaboration with QNB Group and DMZ Finance. Together, the partners are introducing QCDT—the world’s first DFSA-approved (Dubai Financial Services Authority) tokenised money market fund (MMF)—into Bybit’s platform as a collateral asset, marking a breakthrough in bridging traditional finance and digital assets. Bybit […]
Amazon has launched its first fulfilment centre in Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO). The new facility is designed to advance logistics and fulfilment capabilities, accelerate delivery speeds and broaden product selection for customers. It also supports Abu Dhabi’s growing retail landscape by empowering entrepreneurs and small to medium-sized enterprises […]
Dubai: Kamel Pay, a UAE-based fintech, announced that it has received In-Principle Approval, from the Central Bank of the UAE, for the country’s highest- Stored Value Facilities (SVF) and Retail Payment Services (RPS) licences enabling full payroll and business payment services. This milestone marks a pivotal step in Kamel Pay’s mission to deliver a trusted and inclusive financial ecosystem, […]
Featuring subscription billing and Merchant of Record (MoR) capabilities, the platform aims to streamline operations for payment providers and digital-first businesses across the region. RIYADH, Saudi Arabia/PRNewswire/ Subotiz, an AI-powered growth and payments platform for subscription-based digital businesses, made its regional debut at Money20/20 Middle East 2025, introducing its comprehensive infrastructure to simplify and optimize […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the signing of a Memorandum of Understanding (MOU) with the People’s Committee of Da Nang City, the Abu Dhabi Blockchain Center (ADBC), and Verichains Network Security Company Limited. This milestone underscores Bybit’s commitment to supporting Vietnam’s digital asset ecosystem and deepening long-term cooperation in building […]
Dubai-based accounting technology startup Oncount has secured USD 1.5 million in a seed funding round, led by tech entrepreneur Sergey Panov, to roll out its AI-driven accounting platform for small and medium-sized businesses (SMBs) in the UAE and beyond. The fresh capital will fuel the development and launch of the platform, support go-to-market efforts, and […]
The landmark issuance garnered significant global investor interest, underscoring the growing appeal of sustainable Islamic finance. Dubai: Emirates Islamic, a leading Islamic financial institution in the UAE and part of Emirates NBD Group, announced it has successfully priced a USD 500 million Sustainability-Linked Financing Sukuk. This ground-breaking issuance is the first Sustainability-Linked Financing Sukuk globally, showcasing […]
Abu Dhabi, UAE – AI and Anti-Financial Crime pioneer Themis, a certified B-Corp, today announced the launch of AI Investigator — an intelligent LLM-driven due diligence platform designed to transform how organisations of all sizes detect and prevent financial crime. Built with input from hundreds of compliance professionals and backed by an Innovate UK grant, AI Investigator uses generative AI and […]
Armoir, the luxury luggage company inspired by the heritage of French wardrobe trunks, today announced the close of a $500K seed funding round led by Salica Oryx Fund, with participation from Plus VC and leading global angel investors. The round, which closed during summer 2025, builds on early support from the Chalhoub Group via the […]