Doha, Qatar – December 3, 2024: Doha Bank, one of Qatar’s leading financial institutions, has announced a groundbreaking partnership with Mastercard to introduce Mastercard Move, making it the first bank in the country to launch this innovative payment solution. This strategic collaboration underscores Doha Bank’s commitment to digital banking excellence, delivering seamless, secure, and efficient […]
Dubai, UAE – Al-Futtaim, a leading retail and lifestyle conglomerate, has announced a strategic partnership with PayPal, a global leader in online payments. This collaboration aims to enhance the online shopping experience for customers in the UAE by introducing seamless, fast, and secure payment options across Al-Futtaim’s portfolio of businesses. Starting early next year, customers […]
Dubai, United Arab Emirates – Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE. This expansion marks a significant milestone in Geidea’s strategy to drive digital transformation in the region, offering merchants […]
In the early 2000s, the tech industry often repeated the phrase, “Every company will be a tech company.” This prediction largely materialized as businesses across sectors adopted technology to stay relevant in a rapidly digitizing world. Now, as we navigate the complexities of a more interconnected digital economy, a new mantra is taking hold: “Every tech company […]
The UAE government has unveiled a cutting-edge “Know Your Customer” (KYC) digital platform, a transformative initiative aimed at boosting transparency in the banking sector, streamlining identity verification processes, and combating financial crime. Launched under Federal Decree-Law No. 30 of 2024, the platform marks a significant milestone in the Emirates’ efforts to modernize its financial infrastructure […]
Dubai, United Arab Emirates, 21 November 2024: Mastercard and Fundbot, a UAE-based fintech firm specializing in supply chain financing, have announced a strategic partnership to revolutionize business-to-business (B2B) payment flows across industries. The collaboration will launch an advanced payments platform designed to seamlessly connect buyers and suppliers, driving efficiency and enhancing cash flow management. Initially […]
Doha, Qatar — Ooredoo Fintech, the financial arm of Ooredoo Qatar, has announced a strategic partnership with global payments leader PayPal. This groundbreaking collaboration enables Ooredoo Money users in Qatar to seamlessly transfer funds between their wallets and PayPal accounts, while unlocking access to PayPal’s global commerce capabilities. This partnership is the first of its […]
Dubai, United Arab Emirates – Pemo, the Dubai-based spend management platform, has successfully closed a $7 million Pre-Series A funding round as it advances its strategic growth across the Middle East. This milestone comes after two years of exceptional performance in the UAE, with Pemo achieving an impressive AED 1.4 billion in annualized transactions. The […]
Dubai, UAE — October 25, 2024 Google has officially launched its “Google for Startups Accelerator: AI First” programme at a prominent event held at the Dubai Future Foundation Auditorium. The event celebrated the programme’s inaugural cohort, featuring 15 exceptional startups from the Middle East, North Africa, and Turkey, all leveraging AI to address challenges in […]
Dubai, UAE, 22 October 2024 – MultiBank.io, the cryptocurrency exchange arm of MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, today announced the appointment of Ryan Kim as CEO of MultiBank.io. Kim will oversee the global expansion of the exchange, focusing on scaling its derivatives-driven operations. A former Wall Street FX options trader […]