Standard Chartered Receives CMA Approval to Expand Investment Management and Fund Operations in Saudi Arabia

Standard Chartered Receives CMA Approval to Expand Investment Management and Fund Operations in Saudi Arabia

Standard Chartered has received approval from the Capital Market Authority (CMA) for Standard Chartered Capital Saudi Arabia to undertake Investment Management and Operating Funds activities in the Kingdom. The approval enhances the Bank’s ability to provide onshore investment management and fund operations capabilities in Saudi Arabia, supporting institutional clients as investor participation and capital market […]

SpaceX IPO strategic investment funding from Gulf sovereign wealth funds

SpaceX IPO Strategic Investment could become the Gulf’s next bet

With a reported valuation approaching $2 trillion. Dubai: SpaceX IPO strategic investment, anticipated public listing is shaping up to be more than another high-profile technology IPO. With a reported valuation approaching $2 trillion, the company’s expected Nasdaq debut could become a defining moment for investors seeking exposure to the infrastructure underpinning the next wave of […]

Payment Companies in the GCC: Who Is Shaping the Merchant Acquiring and Digital Payment Infrastructure Landscape?

Payment Companies in the GCC: Who Is Shaping the Merchant Acquiring and Digital Payment Infrastructure Landscape?

From Bahrain and the UAE to Saudi Arabia and Oman, how Gulf payment companies have helped build the merchant acquiring, POS, and payment gateway ecosystems that support today’s digital economy. Over the past decades, the Gulf Cooperation Council (GCC) has experienced significant growth in digital payments, driven by economic expansion, e-commerce adoption, and the region’s […]

MBRIF partners with Numou to expand financing pathways for innovation-led businesses in the UAE

MBRIF partners with Numou to expand financing pathways for innovation-led businesses in the UAE

Abu Dhabi, UAE – The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE, has signed a partnership with Numou, a subsidiary of the international financial centre of Abu Dhabi, ADGM, to expand financing pathways for innovative businesses supported by MBRIF and further strengthen […]

Vantage Markets Strengthens UAE and MENA Market Engagement with Trust Led Regional Strategy

Vantage Markets Strengthens UAE and MENA Market Engagement with Trust Led Regional Strategy

Dubai, UAE, June 5, 2026 — Vantage Markets today announced a strengthened UAE and MENA market engagement strategy, outlining a trust led regional direction focused on transparency, trader education, responsible market access and long-term participation in one of the world’s fastest evolving financial hubs. “The UAE is one of the world’s most forward-looking financial markets, […]

Revolut Co-Founder to Step Down as CTO

Revolut Co-Founder to Step Down as CTO

5 June 2026, Dubai –  Revolut has today announced that Co-founder Vlad Yatsenko has decided to transition from Chief Technology Officer (CTO) into a Non-Executive Director (NED) capacity on the Board, effective 1st July 2026. In this ongoing role, he will continue to lend his expertise to the company. This transition follows over a decade […]

Dubai DET SME in a Box platform portal and 18 private sector partners ecosystem

Dubai DET launches “SME in a Box” to help entrepreneurs start and run businesses faster and at a lower cost

New initiative by the Dubai Department of Economy and Tourism (DET) consolidates licensing, banking, payments, logistics and telecom services into one integrated onboarding journey, reducing the need for founders to coordinate with multiple providers Brings together 18 private sector partners through a single platform, simplifying business setup and operations Gives businesses access to over AED […]

SEIDOR Launches UAE eInvoicing Compliance Solution

SEIDOR Launches UAE eInvoicing Compliance Solution

With live pilot implementations already underway, the solution helps SAP customers in the UAE configure, integrate, and test their systems ahead of the January 2027 mandatory go-live. Dubai, UAE. The technology consulting firm SEIDOR, through its Middle East business, UAE eInvoicing Compliance Solution, has announced the availability of its UAE eInvoicing compliance solution, designed to support businesses […]

Wio Bank partners with Geidea to bring business banking and financing directly to UAE SMEs

Wio Bank partners with Geidea to bring business banking and financing directly to UAE SMEs

Dubai: Wio Bank PJSC, the Middle East’s leading digital banking platform, has signed a partnership agreement with Geidea, one of the MENA region’s leading fintech and merchant payment providers, to bring Wio’s business banking and financing solutions directly to SMEs through Geidea’s merchant network. The agreement was signed by Prateek Vahie, Chief Commercial Officer at […]