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 […]
Emirates NBD has provided a loan facility of 367.3 million UAE dirhams ($100 million) to Luxembourg-based CPI Property Group (CPIPG) to meet deferred payments on its development portfolio in Dubai until 2027. The credit facility was secured against a portfolio of ultra-luxury residential units in the emirate, the Dubai-listed lender said in a statement. CPIPG […]
Kuwait: Kuwait International Bank (KIB) Group, through its investment arm KIB Invest, announced its participation as Joint Lead Manager in the successful issuance of a USD 1 billion Sukuk by the Islamic Development Bank (IsDB), one of the world’s highest-rated multilateral development institutions. This landmark issuance is considered a significant transaction in the international Islamic capital […]
Emirates NBD Bank will start its mandatory open offer for up to 26 per cent of RBL Bank on June 1. Public shareholders can tender shares until June 12 under a cash offer priced at AED10.78 a share. Letter of Offer dated May 22 sets the base offer price at AED10.69 and adds AED0.09 a share […]
Manama, Kingdom of Bahrain – SINNAD, a pioneer provider of card processing and payment services in the MENA region and a subsidiary of The BENEFIT Company, announced the expansion of its strategic alliance with Gulf Bank Algeria. This milestone marks a significant step in advancing SINNAD’s regional growth strategy and strengthening its footprint across the Middle […]
Galaxy users can now pay their restaurant bill at the table in a few taps through Samsung Wallet on qlub, with every transaction protected by tokenization and Samsung Knox. Dubai, UAE – Samsung Gulf Electronics have announced that Samsung Wallet is now integrated with qlub, the contactless payment platform for restaurants and hospitality venues. The integration […]
Manama, Bahrain – stc Bahrain, a digital enabler, announced a strategic partnership with Ithmaar Bank, one of the region’s leading Islamic retail banks, to provide comprehensive cloud financial management of its Amazon Web Services (AWS) billing. As an AWS Premier Tier Services Partner, stc Bahrain will deliver a powerful cloud financial management solution, empowering Ithmaar Bank […]
Dubai, UAE – Qashio, the UAE’s leading spend management platform, has partnered with NEXA AI Lab, the AI division of NEXA, one of MENA’s leading digital growth agencies, to help accelerate AI adoption across finance teams in the UAE through automate finance workflows and AI-powered financial workflows. As part of the partnership, Qashio and NEXA AI […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and DAMAC Properties, the UAE’s and the Middle East’s largest private real estate developer, today launched a landmark home financing plan designed to provide ease and stability for homebuyers. The comprehensive finance solution removes significant financial obstacles, making homeownership more accessible and […]
Dubai, UAE — Mawarid Finance and Maghanim have announced a strategic partnership aimed at accelerating the next generation of corporate travel payments and expense management solutions for businesses across the UAE and wider GCC region. The collaboration brings together advanced payment technologies, AI-powered automation, and secure virtual card capabilities to simplify and modernize how corporates […]