NBK Mobile App strengthened its position as Kuwait leading Digital Banking Platform

NBK Mobile App strengthened its position as Kuwait leading Digital Banking Platform

Through the NBK Mobile Banking App, NBK customers can now effortlessly apply for a Visa Infinite Credit Card, seamlessly linking it to their Al Jawhara or Al Jawhara Savings Accounts. December 31, 2024 KUWAIT CITY: Demonstrating unwavering attention to the finer details of its customers’ needs and aiming to enhance their banking experience in ways […]

Al Ansari Financial Services and Halan Partner

Al Ansari Financial Services and Halan Partner to Pioneer Multiple Financing Services in the UAE

Empowering Customers with Enhanced Financial Freedom and Inclusion Dubai, UAE – December 30, 2024 – Al Ansari Financial Services PJSC (DFM: ALANSARI), one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange L.L.C., and Halan, the leading regional fintech company, are pleased to announce that they have […]

Dubai Islamic Bank Partners with Crypto.com

Dubai Islamic Bank Partners with Crypto.com to Pioneer Sharia-Compliant Cryptocurrency Solutions

The collaboration MoU with the UAE’s largest Islamic Bank and a globally recognized pioneer in the field of Islamic finance will explore multiple opportunities to introduce Sharia-compliant platforms including tokenized Islamic Sukuks and real-world asset tokenization. Dubai, December 30, 2024 — Crypto.com has announced the signing of a Memorandum of Understanding (MoU) with Dubai Islamic Bank […]

Elon Musk xAI Raises $6 Billion in Series C Round

Elon Musk xAI Raises $6 Billion in Series C Round, Valuation Surges to $45 Billion

SAN FRANCISCO — Elon Musk’s artificial intelligence company, xAI, has secured $6 billion in a Series C financing round, bringing its total funding to $12 billion. This announcement follows a $6 billion raise earlier in May, as reported by TechCrunch on Wednesday. The latest round saw participation from prominent investors including Andreessen Horowitz, BlackRock, Fidelity, […]

GPS and Bahrain Islamic Bank Partner to Launch Sharia-Compliant Islamic Card Installments Solution

GPS and Bahrain Islamic Bank Partner to Launch Sharia-Compliant Islamic Card Installments Solution

Manama, Bahrain – December 26, 2024 – Global Payment Services (GPS), a pioneer in financial technology solutions, has announced a strategic partnership with Bahrain Islamic Bank (BisB), the Kingdom’s leading provider of innovative Islamic financial solutions. Together, they have launched an Islamic Card Installments solution aimed at revolutionizing payment options by offering customers flexible, Sharia-compliant […]

Iraq Qi and Ant International join forces

Iraq Qi and Ant International join forces to Launch SuperQi App in Iraq

Baghdad, Iraq – December 26, 2024 – Qi, a leader in Iraq’s fintech sector, has officially launched its third-generation app, SuperQi, in collaboration with Ant International. Powered by Alipay+ Wallet Tech solutions, SuperQi integrates a digital lifestyle super app with a fully functional digital bank, heralding a new era of financial inclusion and digital services […]

Russia is using Bitcoin in Foreign Trade

Russia is using Bitcoin in Foreign Trade, Finance Minister Says

Sanctions have complicated Russia’s trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators. December 25, 2024 Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to […]

Deloitte Middle East Registration Open for the 4th edition of Technology FAST 50 Program

Deloitte Middle East Registration Open for the 4th edition of Technology FAST 50 Program

December 25, 2024 Middle East – Registration is open to take part in the fourth edition of the Deloitte Middle East Technology Fast 50 program. Technology companies across the Middle East and Cyprus are invited to submit their form for the Deloitte program, designed to recognize the fastest-growing technology companies. Window for registration expected to […]

Siraj Finance PJSC and ASSNTURE Limited Partner

Siraj Finance PJSC and ASSNTURE Limited Partner to Revolutionize Asset Tokenization

Abu Dhabi, UAE – In a landmark announcement at Abu Dhabi Finance Week (ADFW), Siraj Finance PJSC and ASSNTURE Limited have signed a strategic collaboration agreement to explore innovative solutions in asset tokenization and digital assets. The partnership underscores a shared vision of leveraging blockchain technology to transform financial services and enhance accessibility to high-value […]

Magnati Partners with AAC

Magnati Partners with AAC to offer Payment Solutions through Aani

Abu Dhabi, UAE – Magnati, a leading payments solutions provider in the Middle East region, has signed an agreement with Arabian Automobiles Company (AAC), the flagship company of the AW Rostamani Group and the exclusive dealer for Nissan, INFINITI, and Renault in Dubai, Sharjah, and the Northern Emirates. Under the agreement, Magnati will provide enhanced payment solutions […]