New office in ADGM underscores Hillhouse’s confidence in Abu Dhabi’s role as a global financial hub and long-term regional growth Hillhouse Investment Management (“Hillhouse”), one of the world’s leading global private alternative asset managers, today announced the opening of a new office within ADGM and that it has obtained a Category 3C license from the […]
Visa launches new AI Tools to Manage the Charge Dispute Process
Fraudulent disputes and administrative inefficiencies drive billions in avoidable economic costs Six new and enhanced dispute resolution tools utilize AI and proprietary technology to help provide issuers, acquirers and merchants with increased visibility into costly fraud expenses SAN FRANCISCO–(BUSINESS WIRE)– Visa (NYSE: V), a global leader in digital payments, announced six new dispute resolution tools designed […]
Qashio Launches “Qashio For You” Initiative with Dubai Chambers roll out $2.7m support programme for SMEs
The programme is being rolled out in collaboration with Dubai Chambers, reinforcing a shared commitment to strengthening the emirate’s business ecosystem during a period of economic pressure. Dubai, UAE: Qashio, the leading spend management platform headquartered in Dubai, has announced the launch of “Qashio For You”, a targeted initiative designed to support small and medium-sized […]
IHC advances USD 1bln investment to acquire majority stake in India’s Sammaan Capital
IHC to acquire 41.5% stake in Sammaan Capital for USD 1 billion 26.9% stake already acquired, with remaining stake via warrants over 18 months IHC to become Promoter of Sammaan Capital, reinforcing its strategic expansion into India’s financial services sector Abu Dhabi, UAE: IHC, a global investment company focused on building dynamic value networks, today announced […]
Imbono launches global investor‑operator platform and expands strategic base in Dubai
Dubai, UAE: Imbono has formally launched as a global investor‑operator platform, consolidating Gemcorp ICS and Gemcorp Angola into a single integrated entity built to finance, execute, and operate strategic projects across emerging markets. The company has also strengthened its long‑term base in Dubai as it accelerates growth. Headquartered in the UAE with regional hubs across emerging […]
BankDhofar’s SME growth strategy is designed to empower entrepreneurs
MUSCAT – Small and medium enterprises (SMEs) have become one of the main pillars of Oman’s national economy, given their rapid growth, expanding role in job creation, and ability to empower ambitious Omani youth to set up their own businesses, alongside a steadily rising contribution to GDP. As the Sultanate advances its Vision 2040 diversification […]
Muzinich & Co. opens ADGM office to strengthen Middle East presence
The ADGM office formalises this presence and reflects its established approach of working alongside local partners and developing its network within a region’s financial ecosystem. London/New York – Muzinich & Co., the privately owned global corporate credit specialist, has opened an office in ADGM, the international financial centre of Abu Dhabi, the UAE capital, marking the next […]
Fintech Alaan launches ‘Alaan Sawa’, pledging AED 3 million to cover utility and telecom bills for UAE SMEs
Alaan, UAE-born corporate card and spend management platform, today announced the launch of ‘Alaan Sawa: Better together’, an initiative created to support UAE SME businesses. The initiative will support up to 1,000 businesses across the UAE, with a total commitment of AED 3 million in benefits. As businesses across the UAE continue to manage rising […]
RAKBANK and Network International complete merchant acquiring transaction in the UAE
Dubai, United Arab Emirates: Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed following all required approvals from the Central Bank of the UAE. As part of the partnership, Network will provide its state-of-the-art payment solutions to serve RAKBANK’s customers […]
International Securities is the first broker to go live on Emirates NBD Pay using Visa’s AFT model
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced that International Securities LLC, the UAE based brokerage firm, is now live on Emirates NBD Pay using Visa’s Account Funding Transaction (AFT) model, which allows clients to fund their trading accounts through secure, card-to-account transfers, with […]