LinkedIn has released its highly anticipated annual list of the Top Startups in UAE, spotlighting 10 fast-growing companies that are making significant waves in the UAE’s business landscape. These startups are not only attracting attention from investors and job-seekers alike but are also developing innovative solutions that are poised to shape the future of their […]
Astra Tech and National Bonds Collaborate to Launch Savings Services for 9 Million Botim Users in UAE
Dubai, UAE – Astra Tech, a leading consumer technology holding group based in the UAE, has announced a strategic partnership with National Bonds, the UAE’s premier savings and investment company. This collaboration is set to provide 9 million Botim users across the UAE with easy access to National Bonds’ innovative savings and investment products directly […]
Watermelon Ecosystem Partners with Deem Finance to Boost the UAE’s local F&B market
Dubai, UAE – September 2024 – Watermelon Ecosystem, a rapidly expanding UAE-based startup in the food and beverage (F&B) sector, has announced a strategic partnership with Deem Finance LLC, a leading digital financial services provider. This collaboration aims to fuel regional growth by offering tailored financial solutions to small and independent F&B businesses, enhancing their […]
UAE Fils Partners with Saudi Madkhol to Offset Carbon Footprint of Saudi Capital Market Fintechs
Collaboration Announced at 24 Fintech Event Aligns with Saudi Vision 2030’s Sustainability Goals Dubai, UAE – September 2024 – UAE-based Fils, an ESG-focused fintech that leverages blockchain technology, has partnered with Saudi Arabian tech platform Madkhol to offset the carbon footprint of Saudi capital market fintechs. The partnership, officially signed during the prestigious 24 Fintech […]
Banque Misr Achieves Remarkable Growth in 2023 with EGP 52.9 Billion Net Profit
The General Assembly of Banque Misr approved the financial statements for the fiscal year ending on December 31, 2023, highlighting remarkable growth in all business sectors. The bank’s total financial position reached EGP 2.6 trillion, showing a 14.9% growth from the previous year. A significant jump of 32.9% was observed in the net direct loans […]
First Abu Dhabi Bank Partners with CarbonSifr to Lead Net-Zero Banking and Emission Reduction Initiatives
Abu Dhabi, UAE — First Abu Dhabi Bank (FAB), the first bank in the region to commit to a net-zero future, has announced a groundbreaking partnership with CarbonSifr to drive the measurement and reduction of its portfolio emissions. This collaboration marks a significant step forward in FAB’s sustainability efforts, enabling its corporate and commercial banking […]
Emirates NBD and DP World Launch Co-Branded Corporate Credit Card in Partnership with Mastercard
Dubai, UAE – Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, and DP World, a global provider of end-to-end supply chain solutions, have announced the launch of a new co-branded corporate card in collaboration with Mastercard. The new credit card, designed to support businesses across various sectors, […]
UAE-based Astra Tech Launches MENA’s First “Send Now, Pay Later” Remittance Service via Botim Ultra App
Dubai, UAE – In a groundbreaking move for the regional fintech space, Astra Tech has introduced the “Send Now, Pay Later” (SNPL) feature to the UAE’s multi-billion-dirham remittance market. This innovative service, available through the Botim Ultra App, will serve over 9 million users, enabling them to remit money internationally with immediate transfers and the […]
Emirates NBD Launches Zero-Transaction Fee Investment Initiative for UAE Equity Markets
Dubai, UAE – Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has launched a new initiative enabling customers to invest in the UAE equity markets with zero transaction fees. This move aims to stimulate the growth of domestic stocks and bolster economic development within the country. Aligned […]
Nubank Eyes Expansion into MENA Region, Targeting Rapidly Growing Digital Banking Market
Nubank, one of the world’s largest digital banks with over 100 million customers, is exploring opportunities to expand into the Middle East and North Africa (MENA) region, targeting key markets like Saudi Arabia and the UAE. The move comes as the region undergoes rapid digital transformation and experiences increasing demand for innovative fintech services. Already […]