September 26, 2024 – Global payments leader Visa (NYSE: V) has introduced the Visa Tokenized Asset Platform (VTAP), a cutting-edge solution designed to help banks issue and test fiat-backed tokens on the Ethereum blockchain. This innovative platform aims to digitize real-world assets (RWAs) such as commodities and bonds, offering near-real-time settlement and seamless integration through […]
LinkedIn has released its highly anticipated annual list of the Top Startups in UAE, spotlighting 10 fast-growing companies that are making significant waves in the UAE’s business landscape. These startups are not only attracting attention from investors and job-seekers alike but are also developing innovative solutions that are poised to shape the future of their […]
Dubai, UAE: Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of its Islamic Account, becoming the first global crypto exchange to offer a Shariah-compliant trading solution. This innovative move marks a significant milestone in the crypto industry, opening new opportunities for Muslim traders worldwide to engage in digital assets while […]
Dubai, UAE – Astra Tech, a leading consumer technology holding group based in the UAE, has announced a strategic partnership with National Bonds, the UAE’s premier savings and investment company. This collaboration is set to provide 9 million Botim users across the UAE with easy access to National Bonds’ innovative savings and investment products directly […]
Dubai, UAE — Coral, a pioneering climate tech startup based in the UAE, announced today the successful closure of its $3 million seed funding round. The round was led by a group of experienced tech investors, boasting a combined 40 years of expertise in the sector. Innovative AI-Driven Platform for Carbon Management Coral offers an […]
Dubai, UAE – September 2024 – Watermelon Ecosystem, a rapidly expanding UAE-based startup in the food and beverage (F&B) sector, has announced a strategic partnership with Deem Finance LLC, a leading digital financial services provider. This collaboration aims to fuel regional growth by offering tailored financial solutions to small and independent F&B businesses, enhancing their […]
Collaboration Announced at 24 Fintech Event Aligns with Saudi Vision 2030’s Sustainability Goals Dubai, UAE – September 2024 – UAE-based Fils, an ESG-focused fintech that leverages blockchain technology, has partnered with Saudi Arabian tech platform Madkhol to offset the carbon footprint of Saudi capital market fintechs. The partnership, officially signed during the prestigious 24 Fintech […]
Abu Dhabi, UAE — First Abu Dhabi Bank (FAB), the first bank in the region to commit to a net-zero future, has announced a groundbreaking partnership with CarbonSifr to drive the measurement and reduction of its portfolio emissions. This collaboration marks a significant step forward in FAB’s sustainability efforts, enabling its corporate and commercial banking […]
Dubai, UAE – Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, and DP World, a global provider of end-to-end supply chain solutions, have announced the launch of a new co-branded corporate card in collaboration with Mastercard. The new credit card, designed to support businesses across various sectors, […]
Dubai, UAE – In a groundbreaking move for the regional fintech space, Astra Tech has introduced the “Send Now, Pay Later” (SNPL) feature to the UAE’s multi-billion-dirham remittance market. This innovative service, available through the Botim Ultra App, will serve over 9 million users, enabling them to remit money internationally with immediate transfers and the […]