Majarra acquires Arabic AI/NLP pioneer Lableb

Majarra acquires Arabic AI/NLP pioneer Lableb

Majarra Acquires Lableb to Enhance Arabic AI and NLP Capabilities Abu Dhabi, July 2024 – Majarra, the MENA region’s leading digital content provider, has announced the acquisition of Lableb, a pioneering startup in Arabic Artificial Intelligence (AI) and Natural Language Processing (NLP). This strategic move positions Majarra at the forefront of Arabic digital innovation and […]

Al Maryah Community Bank Partners with First Abu Dhabi Bank

Al Maryah Community Bank Partners with First Abu Dhabi Bank to Revolutionize Local Financial Services

Abu Dhabi, UAE – July 16, 2024 – Al Maryah Community Bank (Mbank) proudly announces a strategic partnership with First Abu Dhabi Bank (FAB) that will reshape the local financial services landscape and expand Mbank’s geographical reach. This collaboration introduces an open banking opportunity that integrates Mbank’s services with FABePay portal. The partnership enables both […]

Tokinvest Raises $500,000 in Pre-Seed Funding

Tokinvest Raises $500,000 in Pre-Seed Funding to Revolutionize Real-World Asset Tokenisation

Dubai, UAE – July 15, 2024 – Tokinvest, a pioneering marketplace for real-world asset tokenisation, has announced the successful completion of a $500,000 pre-seed funding round. This round attracted several strategic investors, including Michael Ourabah, CEO of BSO, underscoring strong confidence in Tokinvest’s innovative platform and future potential. Tokinvest offers a cutting-edge marketplace that bridges […]

Shorooq partners co-leads $37mln investment in Climate-tech Company 44.01

Shorooq partners co-leads $37mln investment in Climate-tech Company 44.01

44.01, a pioneering climate technology company, announced the completion of a $37 million Series A funding round. The round was led by Equinor Ventures and Shorooq Partners, alongside notable investors such as Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A Ventures, Salica Oryx Fund, Siemens […]

Reem Finance Partners with Network International

Reem Finance Partners with Network International to Enhance Digital Payment Solutions in the UAE

Dubai, UAE – July 15, 2024 – Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, has announced a strategic partnership with Reem Finance, a premier financial services provider in the UAE. This alliance aims to leverage Network’s expertise to provide a comprehensive payments processing solution, supporting Reem Finance’s […]

Mastercard and Global Hotel Alliance Join Forces

Mastercard and Global Hotel Alliance Join Forces to Elevate Travel Benefits for Affluent Cardholders

Mastercard is proud to announce a strategic partnership with Global Hotel Alliance (GHA), aimed at enhancing the travel experiences of our esteemed cardholders. This collaboration is set to deliver exceptional value through bespoke cobranded cards, catering to the needs of affluent travelers. GHA, the world’s largest independent hotel alliance, includes renowned brands such as Anantara, […]

Al Ahli Bank of Kuwait Partners with Network International

Al Ahli Bank of Kuwait Partners with Network International to Elevate E-Commerce Solutions for Merchants

Al Ahli Bank of Kuwait (ABK) is proud to announce its strategic partnership with Network International (Network), a leading enabler of digital commerce in the Middle East and Africa. This collaboration marks a significant milestone in enhancing e-commerce solutions for ABK merchants. Through this partnership, ABK will leverage Network’s expertise to equip its merchants with […]

Servme and MyFatoorah Partners

Servme and MyFatoorah Partners to Enhance Digital Payments Adoption for F&B and Hospitality Sector

July 10, 2024 – Servme, the leading reservation and guest CRM platform for restaurants and hospitality operators, has announced a strategic partnership with MyFatoorah, a pioneering payments platform. This collaboration aims to enhance payment adoption and streamline operations for restaurants across the Middle East, specifically targeting the GCC region. Enhanced Financial Stability and Operational Efficiency […]