Doha: QNB has achieved another major milestone by becoming the first bank in the GCC to enable Digital Wallet acceptance through a single, unified integration on the Mastercard Gateway Hosted Checkout platform. The solution leverages Mastercard Gateway’s latest Hosted Checkout capability, where Digital Wallets are enabled through a single integration flow for both web and […]
Dubai, UAE: In a big step forward for the cards market, Mastercard and First Abu Dhabi Bank (FAB) have launched five new credit cards in just six months, redefining what collaborations can achieve when built on shared ambition and customer-first thinking. This milestone reflects the strong relationship between the two companies. Mastercard and FAB have combined […]
UAE-headquartered venture capital platform invests in $100 million funding round for leading US nuclear technology company. Investment in Aalo Atomics showcases growing momentum for a new atomic age powered by advanced nuclear plants Addresses expected 4x increase in global electricity demand from AI-optimised data centres by 2030 Builds on Crescent Enterprises’ long-standing track record of […]
Developed in partnership with BlueBox Asset Management, a Geneva- and UK-based specialist in technology-focused equity strategies Focused on a high conviction portfolio of 25-35 publicly listed technology companies Built around long-term technology themes spanning AI, infrastructure, and deep tech Accessible to both institutional and individual investors Dubai, UAE – ASB Capital, a purpose-driven asset and wealth management […]
Dubai, UAE — Ribh.AI has raised USD 3 million in growth capital with Ereele Capital and IronSharp Capital acting as lead sponsors in the fundraising. The capital supports the launch of the world’s first fine-tuned Large Language Model (LLM) trained fully on Sharia principles, built to transform Islamic Finance across all asset classes. Ribh.AI is […]
Wa’ed Ventures, Saudi Aramco’s $500 million venture arm, has invested $15 million in South Korean chipmaker Rebellions Inc., marking its first investment in South Korea and aiming to advance the AI industry in Saudi Arabia. The investment will help Rebellions, which is partnering with Samsung Electronics to develop a generative AI chip, establish a new […]
Doha, Qatar – Keeta, the international subsidiary of Meituan, China’s on-demand delivery giant, has officially launched in Qatar, offering users a smarter, more affordable way to order their favorite meals. Starting today, all Keeta new users will receive vouchers worth 200 QAR while all users will enjoy free delivery benefits with no subscription fees. The launch […]
Dubai – ADIB Capital Limited, a wholly owned subsidiary of Abu Dhabi Islamic Bank (ADIB) and regulated by the Dubai Financial Services Authority (DFSA), has launched a new Sharia-compliant investment vehicle targeting short-duration trade opportunities in developed markets. The ADIB Islamic Trade Opportunities Fund, structured as a Qualified Investor Fund (QIF) in the Dubai International […]
Acquisition expands IFS’s Industrial AI capabilities, unlocking deeper insights and scalable, data-driven logistics solutions. Dubai, United Arab Emirates – IFS, the leading provider of Industrial AI software, today announced the acquisition of 7bridges, an AI-powered supply chain management solution provider. The move strengthens IFS’s position as the Industrial AI leader by expanding its capabilities in logistics and […]
DUBAI, UNITED ARAB EMIRATES – Mantas, a pioneering insurtech, received In-Principle Approval (IPA) for a Category 4 licence from the Dubai Financial Services Authority (DFSA). This enables Mantas to operate as a regulated Managing General Agent (MGA) upon the issuance of the full DFSA licence. This key milestone bolsters the company’s mission to protect cloud-reliant businesses […]