Dead Sea, Jordan – Network International (Network) signed a memorandum of understanding (MoU) with Gate To Pay (Jordanian Elaf for Integrated Solutions) This collaboration will accelerate Jordan’s digital transformation. The agreement, signed at the MENA ICT, will introduce innovative, secure payment services to businesses and consumers, as well as supporting a more inclusive and digitally enabled […]
Cairo, Egypt – : PayTabs Egypt, a leading payments solutions provider in the MENA region, has announced a strategic partnership with Azimut Egypt, a prominent multinational investment manager. This collaboration marks a significant milestone in Egypt’s financial landscape by enabling Azimut customers to top up their trading accounts and investment funds on the azinvest platform using debit and prepaid cards. […]
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, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its Limited Edition Emarati Visa Credit Card. Designed in collaboration with prominent Emarati artist Mattar Bin Lahej, the exclusive card will be available to only 999 new UAE National customers applying for the card. The launch of the card […]
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 […]
Epik Foods, a leading F&B group operating over 60 brands across the UAE, Saudi Arabia, and Oman, has successfully raised $15.5 million in private capital funding from Ruya Private Capital I LP, a fund managed by Abu Dhabi-based independent private credit firm Ruya Partners. The funding milestone coincides with the group’s first anniversary, marking a […]
SINGAPORE: Bitcoin surged past $96,000 for the first time on Thursday, fueled by investor optimism over a potentially friendlier regulatory environment under US President-elect Donald Trump. The cryptocurrency reached an intraday high of $96,898 in Asian trading, marking a significant leap in its march toward the $100,000 milestone. The digital asset has more than doubled […]
Dubai, UAE – Shipfinex, a groundbreaking maritime fintech platform, has successfully closed a $1.5 million seed funding round, signaling a major milestone in its mission to redefine access to maritime assets through blockchain technology. The funding round was led by Gaurav Mehta, Chairman of Best Oasis Limited and SPM Shipping DMCC, who joins Shipfinex as […]
Locad, a leading provider of Cloud Supply Chain-as-a-Service solutions, has raised $9 million in its pre-Series B funding round. The investment was co-led by Global Ventures and existing backer Reefknot Investments, with participation from Sumitomo Equity Ventures, Antler Elevate, Febe Ventures, and JG Summit. The funds will drive Locad’s international expansion, beginning with the UAE […]
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 […]