Manama, Bahrain – In a pioneering move set to reshape fintech innovation in the UAE, Mawarid Finance and Arab Financial Services (AFS) today signed a strategic agreement to launch an integrated Fintech Enablement Hub, a unified platform designed to empower fintechs with seamless access to regulated infrastructure and next-generation digital capabilities. This collaboration combines global technology leadership, […]
Cairo: Contact Financial Holding, Egypt’s leading non-banking financial services provider, announced that Contact Creditech, the Group’s digital consumer finance arm, has obtained a fintech license from the Financial Regulatory Authority (FRA) to offer fully digital consumer finance services through its flagship application, “Contact Now.” Contact Now delivers a seamlessly integrated digital financing experience that covers every […]
As part of its ongoing commitment to empowering its customers and supporting their expansion into global markets, Al Baraka Group has continued its efforts to support commercial businesses through a series of strategic initiatives that reflect the strength and diversity of its extensive network and broad geographic footprint. Recently, the Group successfully organized two events […]
Muscat: In alignment with its strategic vision to invest in the well-being of its human capital and foster meaningful private-sector partnerships, Thawani Pay has signed a strategic agreement with Oman International Development & Investment Company (Ominvest) to launch the “Ominvest Plus” initiative – an exclusive discount and offers platform tailored for Ominvest employees and their […]
Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to QCB data. Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to Qatar […]
AWS investment in collaboration with Deloitte to expand talent, build capabilities, and support large-scale business transformation in the Middle East Dubai, United Arab Emirates – Deloitte Middle East and Amazon Web Services (AWS) have announced a significant expansion of their strategic alliance with plans to deliver $1 billion worth of services by 2030, accelerating digital transformation […]
Dubai, United Arab Emirates – June 25, 2025: Etihad Credit Insurance (ECI), the UAE’s federal export credit company, announced the impact of its ‘Xport Xponential’ programme, which has helped raise AED 174 million in funding to support the growth of SMEs, during the closing ceremony of the programme. The working capital was raised with the […]
Rapidly growing company, led by serial entrepreneur, David Gurlé, completes seed round – led by Global Ventures, a leading VC firm in MENA – with participation from Inria, OneRagtime, Mi8, and business angels. $800 billion cloud market, growing at 20% a year – amid accelerated demand for AI – is ripe for a European solution […]
Flagship Event CoCreate 2025 to Be Held in Las Vegas and London NEW YORK, June 26, 2025 — Alibaba.com, a leading B2B e-commerce platform, today announced the newly expanded pitch competition, CoCreate Pitch, which will take place at the Company’s annual flagship CoCreate event. The competition will allow global SMEs with product dreams to compete for a $1 million prize pool. In addition […]
Headquartered in Dubai, idea-L® is strategically positioned at the heart of the Middle East’s thriving innovation economy. DUBAI, UAE: idea-L®, the artificial intelligence (AI) and Web3-powered platform that turns ideas into investor-ready ventures, and potential into progress, announces the close of an oversubscribed $1 million pre-seed round. The round, secured from a wide syndicate of investment […]