Manama, Bahrain – October 8, 2024 – Pnyx Hill Ltd, a specialized business solutions provider headquartered in Abu Dhabi Global Markets (ADGM), UAE, has signed a Memorandum of Understanding (MoU) with Bahrain FinTech Bay (BFB), one of the leading fintech hubs in the MENA region. The partnership aims to drive innovation and enhance governance and […]
Partnership to boost digital payment acceptance in Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa, and the UAE. Mastercard and Amazon Payment Services (APS) have entered a multi-year commercial partnership aimed at revolutionizing digital payment acceptance across the Middle East and Africa. The collaboration will integrate Mastercard Gateway, a secure and seamless payment solution, […]
Abu Dhabi, UAE – Microsoft Corporation is set to strengthen its global engineering presence with the launch of its first-ever Global Engineering Development Center in the Arab world, located in Abu Dhabi. This move marks a significant milestone as the UAE becomes a key player in Microsoft’s global network of development centers, which are dedicated […]
NEW YORK, United States of America, September 27, 2024/APO Group/ — Itana (http://apo-opa.co/4dnuip1), Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, have agreed to jointly develop the first digital economic zone in Africa designed for global and Pan-African technology, finance and service-based businesses to […]
KARACHI, September 2024 — Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC)-led consortium celebrated a landmark financing agreement to facilitate PTCL’s acquisition of Telenor Pakistan and Orion Towers (Private) Limited. The acquisition, valued at Rs 108 billion, is subject to regulatory approvals and marks a pivotal moment in Pakistan’s telecom sector. PTCL […]
Riyadh, Saudi Arabia — Amplify Growth Partnership has officially launched a $100 million growth debt fund, aimed at providing debt capital to technology-focused companies across the Middle East, North Africa, and Turkey (MENA) region. The fund is set to bridge the debt capital gap, offering much-needed financial solutions to tech-driven businesses in the Series A […]
Kuwait – September 26, 2024: Bazzar Gate, a leading e-commerce platform in Kuwait, has successfully secured $1 million in funding to enhance and expand its innovative e-commerce solution, Partners. The platform, launched in January 2024, is designed to enable aspiring entrepreneurs to create fully functional e-commerce dropshipping businesses in just three minutes. With a current […]
September 26, 2024 – Global payments leader Visa (NYSE: V) has introduced the Visa Tokenized Asset Platform (VTAP), a cutting-edge solution designed to help banks issue and test fiat-backed tokens on the Ethereum blockchain. This innovative platform aims to digitize real-world assets (RWAs) such as commodities and bonds, offering near-real-time settlement and seamless integration through […]
Dubai, UAE: Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of its Islamic Account, becoming the first global crypto exchange to offer a Shariah-compliant trading solution. This innovative move marks a significant milestone in the crypto industry, opening new opportunities for Muslim traders worldwide to engage in digital assets while […]
Ooredoo Group Secures Landmark QAR 2 Billion Financing Deal to Accelerate Data Center and AI Expansion Doha, Qatar, [24 September 2024] – Ooredoo Group has announced a groundbreaking QAR 2 billion financing agreement to fuel the growth of its data center and AI business, marking a pivotal moment for the company’s digital infrastructure expansion. The […]