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 […]
Russia’s Sberbank Sees UAE as Strategic Hub for AI, Fintech and Technology Cooperation
On the sidelines of the St. Petersburg International Economic Forum (SPIEF), First Deputy Chairman of the Executive Board of Sberbank Alexander Vedyakhin stated that the UAE is a key partner for Sber in the Middle East. The country is seen not only as an important economic player but also as a key platform for technological […]
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
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
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 […]
Advisory firm WTW secures DFSA licence to operate investment unit in Dubai’s DIFC
Dubai – WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced that it has received approval from the Dubai Financial Services Authority (DFSA) for a licence to operate as WTW Investments (DIFC) Limited within Dubai International Financial Centre (DIFC). The approval marks a significant milestone in WTW’s strategic expansion across the Middle East […]
How Can a Startup Afford Real Cybersecurity? The Virtual CISO Model in the UAE and Middle East
Every founder building in the Gulf eventually hits the same wall. A prospective enterprise customer sends a security questionnaire. An investor asks about the company’s security posture during due diligence. A regulator expects evidence of controls the company has not yet built. The expectation is enterprise-grade. The company is twenty people. And a full-time Chief […]
Sohar International Named Official Banking Partner for Friendi Pay to Strengthen Oman’s Digital Payments Ecosystem
Muscat: Further strengthening its role in advancing Oman’s evolving financial landscape through collaborations that support innovation and digital transformation, Sohar International has signed a Memorandum of Understanding (MoU) with Friendi Pay, under which Sohar International has been appointed as the Official Banking Partner for Friendi Pay. The signing ceremony took place at Sohar International Waterfront headquarters […]
Mawarid Finance Partners with Fimple to Accelerate Banking-as-a-Service Innovation in UAE
Dubai, United Arab Emirates: Mawarid Finance and Fimple have officially entered into a strategic agreement to deliver Banking as a Service (BaaS) capabilities through a modern, composable banking platform, marking a significant step forward in the region’s digital banking evolution. The announcement was made during the Mawarid Fintech Summit 2026, reinforcing both organizations’ shared commitment to […]
Bitget Launches ‘Reality’ Platform to Bring Tokenized US Stocks and ETFs to Global Users
Global, May 26, 2026: Bitget, the world’s largest Universal Exchange, announced the launch of Reality, a licensed financial platform focused on tokenizing real-world assets (RWAs), connecting eligible global users with tokenized exposure to traditional financial assets through crypto-native ecosystems. Reality will bring tokenized US stocks and ETFs into Bitget’s broader trading ecosystem, giving users access to […]