Dubai, UAE – Magnati, a leading regional payment solutions provider, has announced a strategic partnership with Wio Bank to deliver cutting-edge embedded finance solutions to businesses across the UAE. This collaboration aims to streamline access to critical financial services for small and medium-sized enterprises (SMEs), leveraging real-time POS (Point of Sale) data to offer tailored […]
KARACHI, September 2024 — Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC)-led consortium celebrated a landmark financing agreement to facilitate PTCL’s acquisition of Telenor Pakistan and Orion Towers (Private) Limited. The acquisition, valued at Rs 108 billion, is subject to regulatory approvals and marks a pivotal moment in Pakistan’s telecom sector. PTCL […]
Riyadh, Saudi Arabia — Amplify Growth Partnership has officially launched a $100 million growth debt fund, aimed at providing debt capital to technology-focused companies across the Middle East, North Africa, and Turkey (MENA) region. The fund is set to bridge the debt capital gap, offering much-needed financial solutions to tech-driven businesses in the Series A […]
Kuwait – September 26, 2024: Bazzar Gate, a leading e-commerce platform in Kuwait, has successfully secured $1 million in funding to enhance and expand its innovative e-commerce solution, Partners. The platform, launched in January 2024, is designed to enable aspiring entrepreneurs to create fully functional e-commerce dropshipping businesses in just three minutes. With a current […]
Ajman, UAE – In an exciting move set to revolutionize the payment landscape in the region, NymCard has announced a strategic partnership with the Ajman Transport Authority. This collaboration aims to introduce innovative prepaid payment solutions, providing customers with enhanced convenience and flexibility in managing their financial transactions. As part of the partnership, NymCard will […]
The Emirates Publishers Association (EPA) has signed a Memorandum of Understanding (MoU) with Network International, a leading digital commerce enabler across the Middle East and Africa. This strategic partnership aims to provide advanced digital payment solutions for UAE publishers, streamlining the sales process of their publications and reducing financial overheads. Under the agreement, EPA member […]
September 26, 2024 – Global payments leader Visa (NYSE: V) has introduced the Visa Tokenized Asset Platform (VTAP), a cutting-edge solution designed to help banks issue and test fiat-backed tokens on the Ethereum blockchain. This innovative platform aims to digitize real-world assets (RWAs) such as commodities and bonds, offering near-real-time settlement and seamless integration through […]
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 […]
Dubai, UAE: Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of its Islamic Account, becoming the first global crypto exchange to offer a Shariah-compliant trading solution. This innovative move marks a significant milestone in the crypto industry, opening new opportunities for Muslim traders worldwide to engage in digital assets while […]
Ooredoo Group Secures Landmark QAR 2 Billion Financing Deal to Accelerate Data Center and AI Expansion Doha, Qatar, [24 September 2024] – Ooredoo Group has announced a groundbreaking QAR 2 billion financing agreement to fuel the growth of its data center and AI business, marking a pivotal moment for the company’s digital infrastructure expansion. The […]