● Round led by The Kingdom of Saudi Arabia’s Impact46 with support from Abu Dhabi’s Mubadala, Rua Growth Fund, anb seed, MoreThan Capital, with returning participation from Salica Oryx Fund and Dubai Future District Fund ● The United Arab Emirates and The Kingdom of Saudi Arabia’s property markets are growing by 8.66% and 8.77% annually through 2030, […]
Ajyad Capital, a leading Shari’ah-compliant investment firm established in Bahrain and licensed by the Central Bank of Bahrain since 2003, today announced a strategic partnership with Ratings Intelligence, a UK-based provider of Shari’ah advisory services. This collaboration will integrate advanced Shari’ah-compliance technology into Ajyad Capital’s upcoming fully digital trading application, made for investors throughout the […]
Spinneys will hold a 51% controlling stake in the joint venture with Alshaya Group, one of the world’s leading brand franchise operators in the Middle East & North Africa (MENA), Türkiye and Europe Spinneys will operate and manage the stores under the joint venture, with ten stores planned in Kuwait and the first store expected […]
This move was quickly followed by the bank becoming the first in Oman to integrate Samsung Pay, Apple Pay and push provisioning to Samsung Wallet on the horizon. MUSCAT: BankDhofar, the second largest bank in the Sultanate by branch network size, has firmly established itself as a digital pioneer in Oman’s banking landscape, aligning its innovations […]
Dubai: The Innovation Hub of the Emirates Institute of Finance (EIF) has launched a joint initiative focused on exploring the application of traditional and generative Artificial Intelligence (AI) in the financial services sector, in collaboration with HSBC Bank, Al Maryah Community Bank, and UAE-based technology firms, Presight and Core42. H.E. Khaled Mohamed Balama, Governor of […]
Source: Zawya “We see tremendous potential for private credit—not just within our platform, but across the region,” said CEO Katralnada Binghatti. In line with a growing trend in Dubai’s property sector, Binghatti Group’s newly launched asset management arm, Binghatti Capital, aims to tap into rising demand from investors and family offices for financial products, particularly […]
Dubai, UAE – du Pay, the advanced digital financial services subsidiary of du launches the ‘Salary in the Digital Wallet’ (SITW) feature, a cutting-edge service that allows UAE workforce to receive their salaries directly into their digital du Pay wallets. This feature will enhance the lives of the workforce in the UAE through access to simple, […]
Abu Dhabi, UAE, August 20th, 2025, Cointel, an AI-native platform for crypto education, intelligence, and real-time trading support, has raised $7.4 million USD in a strategic funding round led by Avalanche, the high-performance U.S.-based Layer 1 blockchain known for real-world utility, Sugafam Inc., one of Japan’s most trusted Web3 innovation firms, and other top prestigious […]
People in Lebanon can send money abroad to over 50 countries, while Lebanese living overseas can send money home. Beirut, Lebanon: Whish Money has collaborated with Mastercard to enable inbound and outbound remittance flows for consumers in Lebanon. People in Lebanon can send money abroad to over 50 countries, while Lebanese living overseas can send money […]
The data highlights the deepening role of electronic transactions in Qatar’s financial system, spanning card payments, instant transfers, and mobile wallets. Doha: The Qatar Central Bank (QCB) reported strong growth in digital payments during July 2025, with a combined value of QR 16.133bn processed across 51.697 million transactions, according to figures the regulator published on […]