Ericsson (NASDAQ: ERIC) has inaugurated its new regional headquarters in Riyadh, Kingdom of Saudi Arabia (KSA). The new headquarters reflects Ericsson’s strong commitment to the Kingdom and the strategic role of the country in the company’s regional operations across the Middle East and Africa. The ceremony was attended by His Excellency Eng. Haytham AlOhali, Vice Minister […]
Standard Chartered and Bahrain FinTech Bay select ten female-led startups for the 6th cohort of Futuremakers Women in Tech Programme
Manama, Bahrain – Standard Chartered, in partnership with Bahrain FinTech Bay, has announced the selection of ten promising female-led startups to join the sixth cohort of the Futuremakers Women in Tech Bahrain programme. This initiative continues to serve as a launchpad for women entrepreneurs driving innovation and impact across key sectors in the Kingdom. The programme […]
CBUAE issues commemorative coins for the “Zayed and Rashid” campaign, reinforcing national identity
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has issued commemorative gold and silver coins to honour the “Zayed and Rashid” campaign. The issuance celebrates the memory of the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Rashid bin Saeed Al Maktoum, may their souls rest in peace, embodying the leaders’ […]
American Express Payments Now Accepted in Over 13,000 Taxis Across Dubai
Dubai, United Arab Emirates — American Express Middle East (AEME) announces that more than 13,000 taxis in Dubai operated by Franchised companies licensed by Dubai RTA (National Taxi, Arabia Taxi, Kabi Taxi, Dubai Taxi Corporation, and Metro Taxi) are newly accepting American Express payments. The agreement with Franchise companies provides greater payment choice and convenience for […]
AgriCash Secures Seed Funding to Scale AI-Powered Agri-Financing in Egypt
AgriCash, the Egypt-based agri-fintech company transforming agricultural finance through digital innovation, has announced the successful close of its seed funding round. Alex Angels led the round, and a group of strategic investors also participated. While the investment amount remains undisclosed, the fresh capital will support AgriCash’s plans to scale its operations within Egypt and expand […]
UAE-based RWA tokenisation platform Byzanlink closed $1mln private funding backed by Outlier Ventures
Byzanlink, a real-world asset (RWA) tokenisation platform bridging traditional finance and decentralised finance (DeFi), has raised $1 million in a private funding round. The raise attracted a group of early supporters, including Outlier Ventures, NTDP Saudi, Smart IT Frame, Sensei Capital and angel investors Murali Kulala (CEO, Smart IT Frame), Salman Butt (Co-founder, Salla), and […]
ACI Worldwide and iNet extend partnership to bolster fintech growth in Saudi Arabia
OMAHA, Neb. & RIYADH, Saudi Arabia- ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that iNet, the first independent Saudi Central Bank-licensed Network Service Provider (NSP), has joined ACI’s Retail Payment Solutions (RPS) for Postilion program to support the Kingdom’s rapidly growing fintech sector. Under this partnership, iNet will deploy and […]
Jadwa leads a USD 50 million investment round in PetroApp
Riyadh, Saudi Arabia, 30 June 2025: Jadwa Investment, a leading investment management and advisory firm in the Middle East, today announced it has led a USD 50 million investment round in PetroApp, Saudi Arabia’s leading fuel management platform, through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund. Bunat Ventures, a regional venture capital […]
Al Ansari Exchange launches digital issuance for prepaid cards, promoting financial inclusion in the UAE
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, is proud to announce the digital issuance of its popular prepaid cards, the TravelCard and FlexiblePay cards. This initiative promotes financial inclusion and supports the UAE’s vision of fostering a cashless economy. Customers […]
Lighthouse Canton and Blue Sail Partners AG partners to Expand Cross-Border Capital Advisory Services
Lighthouse Canton and Blue Sail Partners AG have announced a strategic cooperation, leveraging Lighthouse Canton’s reach in Asia, India, the Middle East, and the UK, with Blue Sail Partners’ European and Swiss expertise, to address the increasing need for sophisticated financial solutions and cross-border advisory services in these regions. The partnership will enable both companies […]