In a strategic move to advance its artificial intelligence capabilities, OpenAI has partnered with Taiwan Semiconductor Manufacturing Company (TSMC) and Broadcom to develop an in-house AI chip, according to sources reported by Reuters. While initially considering the establishment of dedicated chip manufacturing facilities, OpenAI has reportedly set aside those plans, choosing instead to concentrate on […]
Abu Dhabi, UAE — First Abu Dhabi Bank (FAB), the largest bank in the UAE, and DBS, Southeast Asia’s largest bank, have signed a Memorandum of Understanding (MoU) to foster sustainable business and investment growth, while enhancing innovation across the Middle East and Asia. The collaboration will leverage the strengths of both institutions to expand […]
October 29, 2024 – Vezeeta, the Middle East and Africa’s leading online doctor booking and clinic management platform, has announced the launch of “Vezeeta Lab,” a strategic creative hub designed to foster new opportunities, expand services, and boost regional growth across Egypt and Gulf nations, including Saudi Arabia and the UAE. This new hub will focus on […]
Network will look to leverage Alipay+ Wallet Tech solutions such as developing e-wallet capabilities to better serve its customers across MEA DUBAI, United Arab Emirates, October 29, 2024 Network International (Network) (www.Network.ae), a leading enabler of digital commerce in the Middle East and Africa (MEA), and leading global digital payment and financial technology provider Ant […]
October 28, 2024 — Tamara, a leading Buy Now, Pay Later (BNPL) provider in Saudi Arabia, has announced a new strategic partnership with Geidea, one of the region’s largest fintech companies, aimed at transforming payment solutions for merchants across Saudi Arabia and the United Arab Emirates. This collaboration will streamline and expedite the onboarding process […]
Amman, Jordan — The Innovative Startups and SMEs Fund (ISSF), Jordan’s largest investment fund, has announced a $5 million investment in Rua Growth I LP, a $45 million venture capital fund focused on Marketplaces, Fintech, Enterprise Solutions, and SaaS. This partnership is part of ISSF’s ongoing commitment to fostering early-stage and growth-stage startups within the […]
Doha, Qatar – Pass, Qatar’s leading tech-driven logistics startup, has successfully raised more than 10 million Qatari riyals in its latest investment round, marking a significant milestone as it ramps up its regional expansion. The fresh funding will empower Pass to accelerate development of advanced logistics solutions and improve fast, reliable delivery services, ultimately enhancing […]
Dubai, UAE – Today — Telr, the UAE-based award-winning online payment gateway, announced its strategic expansion into Jordan and Bahrain, reinforcing its commitment to advancing digital transformation and supporting the fast-growing e-commerce ecosystems in the MENA region. With this new move, Telr aims to provide businesses in these key markets with comprehensive payment solutions that […]
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 […]
Amsterdam and Dubai, October 25, 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, today announced a strategic partnership between JazzCash, its financial services arm in Pakistan, and Dgpays, a prominent financial infrastructure technology provider in the EMEA region. The collaboration aims to elevate JazzCash’s e-commerce payment gateway, significantly enhancing transaction speed, security, and […]