Dubai, UAE: Yango Group, a global tech company bringing advanced technology to local communities, has launched Yango Ventures, a corporate venture fund designed to empower promising startups across LATAM, Sub-Saharan Africa, MENAP, and other high-growth regions of the company’s presence. Yango Ventures aims to foster local innovation and entrepreneurial growth by providing both capital and leveraging […]
Al Ahli Bank of Kuwait – Egypt – ABK-Egypt announced the signing of a long-term strategic partnership agreement with Visa, a global leader in payment technology and digital solutions, with the objective of at offering the latest digital payment technologies to meet customer needs, introduce innovative products and services for different segments, and. and enhance its digital payment […]
UAE, Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, has launched the 2025 ADIB Financial Education Programme (FEP), a strategic initiative designed to empower individuals across all age groups with essential financial knowledge in both Arabic and English. In 2024, the programme engaged over 1000 participants through interactive and tailored […]
Source: Forbes Middle East NymCard, a UAE-based embedded finance platform, has secured $33 million in its latest Series B funding round led by QED Investors, marking the firm’s first Gulf investment. The round, which brings the NymCard’s total funding to $73 million, saw participation from existing investors, including Lunate, Dubai Future District Fund, Mashreq Bank, Knollwood, Reciprocal, […]
ORO Labs, a tokenised gold protocol on Solana, has raised $1.5 million in a pre-seed funding round to transform gold into a liquid, composable, and income-generating asset. For centuries, gold has been the world’s most trusted store of value—yet it has remained underutilised in financial markets. ORO is changing this by making gold more than […]
Ibtikar Fund is pleased to announce its investment in MENA Analytics, an innovative market research and data analytics company transforming how businesses in the MENA region access and utilise market intelligence. With a strong foundation in Palestine and plans to expand across the region, MENA Analytics is leveraging AI and advanced analytics to provide SMEs […]
Amman, Jordan – Bank of Jordan Group has announced its consolidated financial results for 2024, which were approved by the Central Bank of Jordan. Despite facing challenging economic and geopolitical conditions, the group delivered balanced results across its markets. This success is attributed to the adoption of a comprehensive strategy focused on institutional transformation, investment diversification, […]
Los Angeles, CA & Beirut, Lebanon – March 7, 2025 – Resecurity, a U.S.-based cybersecurity company protecting Fortune 500 companies and government agencies globally, has announced a strategic partnership with the Union of Arab Banks (UAB) to enhance cybersecurity capabilities, fraud prevention, and threat intelligence sharing across the Arab banking and financial sectors. The Union […]
As Saudi Arabia advances towards achieving the goals set out in Vision 2030, chatbots operate as a mechanism to give the transformation in the Kingdom’s financial landscape a gentle push. Results indicate a 97% smartphone penetration rate coupled with the fintech sector’s growth rate of 18% (SAMA), setting the stage for conversions in user experience, […]
The Dubai FinTech Summit 2024 is a premier event that brings together global leaders and innovators in the financial technology sector. Scheduled for May 6-7, 2024, at the Madinat Jumeirah Conference Centre in Dubai, UAE, the summit offers a comprehensive platform to explore the latest advancements and trends in FinTech. Dates: May 6-7, 2024 Madinat […]