The UAE FinTech market is projected to grow from USD 3.16 billion in 2024 to USD 5.71 billion by 2029 89% of UAE consumers now use digital-first bank accounts Artificial Intelligence is transforming financial services, enhancing personalisation, compliance and risk management Collaboration across the ecosystem and innovative policies are driving regional FinTech leadership Dubai, United […]
Tesla today, announces the opening of its first Center in Riyadh, Saudi Arabia, located on Takhassousi Rd. This reflects the Kingdom of Saudi Arabia’s growing demand for electric vehicles and its commitment to sustainable transportation, in line with Saudi Vision 2030. On Thursday, June 26, the Tesla Center in Riyadh officially opens to the public. With […]
Vienna-based startup serving 1,000+ properties raises funding to revolutionize hospitality communication with industry-first AI. chatlyn recently opened its Dubai office to strengthen its presence in the Middle East Vienna, Austria: chatlyn, the AI communication hub transforming how hotels engage with guests across every touchpoint, announced today it has secured $9.3 million (€8 million) in Series A […]
Cairo, Egypt: Mashreq, one of the leading financial institutions in the MENA region, has announced the opening of its representative office in Türkiye, reinforcing its long-standing commitment to supporting Turkish financial institutions and corporates. As one of the largest and most active correspondent banks operating in Türkiye, Mashreq has played a vital role in channeling risk […]
Dubai, UAE: Mastercard has introduced Account Intelligence Reissuance, an advanced fraud prevention service to efficiently manage the card reissuance process, in the Eastern Europe, Middle East and Africa (EEMEA) region. The product leverages Mastercard’s proprietary Artificial Intelligence (AI) technology and network purview to assess the level of risk associated with a card and provide AI-driven actionable recommendations about […]
BipTap, the innovative omnibanking platform, has officially signed a strategic partnership agreement with Al Fardan Ventures, represented by renowned technology leader Mr. Mohammed Ebrahim Al Fardan, to establish a next-generation global digital bank headquartered in Abu Dhabi. This landmark agreement paves the way for the launch of a fully digital wholesale and retail bank, designed […]
Beirut, Lebanon, June 24, 2025: Visa (NYSE: V), a global leader in digital payments, has announced the launch of Google Pay in Lebanon, in collaboration with Google. Starting today, Visa cardholders of BLOM and BLF can add their Visa cards to their Google Wallet on Android and Wear OS devices, allowing payments to be made wherever […]
Cairo – Aria Ventures, a specialized venture studio focused on building startups, has announced the launch of a 50 million EGP investment to support promising companies in the Deep-Technology sector. This initiative aims to bridge the gap between pioneering research and market applications, enabling deep technological innovations to grow and flourish. Aria Ventures aims to increase this […]
Nowlun, the digital logistics platform that simplifies global freight in the MENA region by helping businesses move full container loads (FCL) and bulk cargo with speed and simplicity—while keeping them informed with real-time tracking and instant updates—has closed its seed round at $2.3 million following a $600K extension led by Ingressive Capital, a prominent African […]
Riyadh, Saudi Arabia: In a milestone transaction poised to reshape the fintech-loyalty landscape in the Kingdom, Equivator, a premier alternative investment firm, has revealed a strategic investment of SAR 30 million in Related, a UAE-headquartered company, pioneer in loyalty and rewards solutions. The important step contributes to reinforcing Saudi Arabia as a regional and global basis […]