Forbes Middle East reveals its First Annual List of the Region Top Venture Capitalists 2024

Forbes Middle East reveals its First Annual List of the Region Top Venture Capitalists 2024

Meet the visionaries shaping the Middle East’s thriving startup ecosystem. December 23, 2024 Dubai: Forbes Middle East has unveiled its inaugural list of the region’s Top Venture Capitalists for 2024, recognizing the most active and influential venture capital (VC) firms driving innovation, growth, and success within the Middle East’s burgeoning startup landscape. This list celebrates the […]

7X Partners with SC Ventures

7X Partners with SC Ventures during Abu Dhabi Finance Week to Empower SMEs in MENA

7X, the trade, transport, and logistics investment and holding group, signed a Memorandum of Understanding (MoU) with SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm. The MoU, signed during Abu Dhabi Finance Week, lays the groundwork for exploring collaborative opportunities in the Middle East and North Africa (MENA), with a focus on empowering […]

UAE Wall Street Exchange partners with TerraPay

UAE Wall Street Exchange partners with TerraPay to enable Cross-Border Payments and Advance Financial Inclusion

December 19, 2024 Dubai: Wall Street Exchange (WSE), a subsidiary of FINTX, the financial arm of 7X, signed a strategic partnership agreement with TerraPay, a global money movement company, to drive efficiency, reliability, and affordability in international money transfers and promote financial inclusion. This collaboration is set to expand WSE’s payment channels via TerraPay’s network, making […]

Mastercard and Boost Partner

Mastercard and Boost Partner to Drive Growth of MSMEs to accelerate Cash Digitization in FMCG Distribution Networks

The two companies will provide digital payment, embedded credit and integrated supply chain finance solutions to small businesses. December 19, 2024 Dubai, UAE: Mastercard and Boost, the business-to-business (B2B) commerce platform, have partnered to drive the growth of small businesses operating in last-mile fast-moving consumer goods (FMCG) distribution networks – the final stage of supply […]

Debit Cards shape Oman Payment Landscape in 2023

Debit Cards shape Oman Payment Landscape in 2023

Electronic wallets are gaining traction, with 11,077 new wallets issued throughout the year. Staff Writer, Times of Oman December 19, 2024 Muscat: Debit cards have emerged as the dominant force in Oman’s payment landscape, accounting for a remarkable 93% of all newly issued cards in 2023. According to the 2023 Central Bank of Oman (CBO) National Payments […]

Crypto.com Appoints Mohammed Al Hakim as President of UAE Operations

Crypto.com Appoints Mohammed Al Hakim as President of UAE Operations

Dubai, December 18, 2024 — Crypto.com has today announced the appointment of Mohammed Al Hakim as President of its UAE operations, underscoring the company’s commitment to regional growth and diversity. Al Hakim’s hiring marks the first time a GCC and Emirati national takes on this prestigious role, not only within the company but also in the […]

The Hashgraph Group secures ADGM VC Fund Manager Licence for $100m Web3 Venture Fund

The Hashgraph Group secures ADGM VC Fund Manager Licence for $100m Web3 Venture Fund

The Hashgraph Association (THA) to contribute the first $20 million to the fund, targeting strategic investments in both start-ups and enterprises seeking to adopt and innovate through advanced technologies such as Artificial Intelligence, Blockchain/DLT, Robotics, and Quantum Computing. Abu Dhabi UAE December 18, 2024: The Hashgraph Group (THG), the Swiss-based international business, technology, and investment […]