Revolut, the global financial super-app, has announced the appointment of Ambareen Musa as its UAE CEO, marking a significant step in its expansion across the Middle East. Recognized as one of the Top 50 Most Influential Women in the Arab World by Arabian Business and Woman Entrepreneur of the Year by The Entrepreneur magazine, Musa […]
Dubai, UAE – Keyper, a leading property management platform, has launched a revolutionary rental marketplace in Dubai, allowing tenants to pay their rent in 12 monthly installments instead of the traditional lump-sum payments. This Rent Now, Pay Later (RNPL) model aims to alleviate the financial burden for tenants by offering pre-approved properties from several major […]
DUBAI [October 3rd, 2024]: WizzFinancial Group, a global fintech platform specializing in local payments and cross-border remittance, foreign exchange, lending, and payment gateway solutions, has announced the appointment of Samir Vidhate as Chief Executive Officer of Xpress Money, its B2B money services division. Based in the Abu Dhabi Global Market (ADGM) and regulated by the Financial […]
Dubai, UAE – du Pay, the digital financial services subsidiary of du, has announced an innovative partnership with Emirates NBD to introduce virtual IBANs for its users. This collaboration aims to simplify fund transfers within the UAE, offering enhanced convenience and security for du Pay customers. The partnership allows every du Pay user to benefit […]
Dubai, UAE – October 2, 2024: In a landmark initiative aimed at empowering innovators and fostering creativity, the Dubai Future Foundation (DFF) and the UAE Ministry of Economy have announced the launch of the Dubai Intellectual Property Hub (DIPH). The UAE’s first centralized platform for intellectual property (IP) and intangible assets (IA) was unveiled at […]
Dubai, UAE — October 1, 2024 — Podeo, the world’s largest podcast distribution platform, today announced the completion of a $5.4 million Series A funding round. Led by Oraseya Capital, the VC arm of Dubai Integrated Economic Zones Authority, with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital, the […]
Abu Dhabi, UAE – Microsoft Corporation is set to strengthen its global engineering presence with the launch of its first-ever Global Engineering Development Center in the Arab world, located in Abu Dhabi. This move marks a significant milestone as the UAE becomes a key player in Microsoft’s global network of development centers, which are dedicated […]
Dubai, UAE – In a significant milestone, Ripple, a leading provider of digital asset infrastructure, has received in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC). This achievement positions Ripple as a regulated entity within the UAE and allows the company to introduce its […]
Cairo, 29 September 2024 – Kredit, a newly launched SME financing company under GB Capital Group, is proud to announce it has secured EGP 50 million in funding from the National Bank of Egypt (NBE). This investment is an integral part of Kredit’s mission to enhance financial inclusion and provide crucial support to Egypt’s small and medium enterprises (SMEs). […]
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 […]