Bain Capital Expands Middle East Presence with New ADGM Office in Abu Dhabi

Bain Capital Expands Middle East Presence with New ADGM Office in Abu Dhabi

Presence in ADGM will support long-term investor partnerships, portfolio company expansion, and the foundation for future regional investment activity ABU DHABI, United Arab Emirates – Bain Capital, a leading global private investment firm, today announced the opening of its office in ADGM, the international financial centre of Abu Dhabi. The new office builds on Bain Capital’s […]

Adyen and Careem Pay partner to power digital remittances in the UAE

Adyen and Careem Pay partner to power digital remittances in the UAE

Building on more than 8 years of partnership, Adyen will power Careem Pay’s expanding remittance service with its single global platform Dubai, United Arab Emirates, 15 April 2026: Adyen, the global financial technology platform of choice for leading businesses, today announced the expansion of its partnership with Careem Pay, the digital payments platform within the […]

CBUAE develops e-KYC Platform and appoints Norbloc AB as a technology partner

CBUAE develops e-KYC Platform and appoints Norbloc AB as a technology partner

Abu Dhabi: The Central Bank of the UAE (CBUAE) announced the development of the nationwide unified Know Your Customer (e‑KYC) platform, following the signing of a technical partnership agreement with the global technology company Norbloc AB. This strategic initiative constitutes a core pillar of the Financial Infrastructure Transformation (FIT) Programme, which aims to build an […]

CE-Ventures announces acquisition of portfolio company CrossBridge Bio by Eli Lilly

CE-Ventures announces acquisition of portfolio company CrossBridge Bio by Eli Lilly

CE-Ventures, Crescent Enterprises’ corporate venture capital platform, co-led CrossBridge Bio’s USD 10 million initial financing round in November 2024 Acquisition marks a significant milestone in CE-Ventures’ strategy of backing leading biotech companies developing first- and best-in-class therapeutics Sharjah, United Arab Emirates: CE-Ventures, the corporate venture capital arm of Crescent Enterprises, today announced that its portfolio company […]

PayTabs Group acquires TAPn’GO to create unmatched check-out experiences across the region

PayTabs Group acquires TAPn’GO to create unmatched check-out experiences across the region

The tech acquisition brings world-class contactless payment solutions that empower businesses across industries including retail, hospitality, healthcare, entertainment, multimedia and regulated donation platforms to deliver real-time checkouts as part of PayTabs ‘Super App’ Experience [Riyadh, 14/April/2026]: PayTabs Group, a Future 100 company and MENA’s award-winning payment orchestration powerhouse, in another major acquisition, today announced it […]

CBUAE and Philippines Central Banks Sign MoU to Boost Cross-Border Payments and Fintech Collaboration

CBUAE and Philippines Central Banks Sign MoU to Boost Cross-Border Payments and Fintech Collaboration

Abu Dhabi/ Manila: The Central Bank of the United Arab Emirates (CBUAE) and the Bangko Sentral ng Pilipinas (BSP) have signed a memorandum of understanding (MoU) during a virtual ceremony, aimed at developing financial infrastructure, promoting economic collaboration and strengthening bilateral trade. The MoU was signed by H.E. Khaled Mohamed Balama, Governor of the Central Bank […]

Homegrown Ventures Closes $22.8M Debut Fund, Targets CPG and FMCG Startups Across MENA

Homegrown Ventures Closes $22.8M Debut Fund, Targets CPG and FMCG Startups Across MENA

Dubai, UAE – Homegrown Ventures has announced the final close of its debut fund at $22.8 million, exceeding its initial target and marking a significant milestone for the region’s consumer investment landscape. The fund, described as the MENA region’s first venture capital vehicle dedicated exclusively to consumer packaged goods (CPG) and FMCG startups, closed approximately […]

Dubai Department of Economy and Tourism (DET) Partners with HSBC to Attract Global Investors and Corporates

Dubai Department of Economy and Tourism (DET) Partners with HSBC to Attract Global Investors and Corporates

Partnership aims to attract global corporates, investors, and high-net-worth individuals to Dubai Collaboration will support international businesses’ market entry and expansion into Dubai’s priority sectors Dubai, United Arab Emirates: The Dubai Department of Economy and Tourism (DET) has signed a strategic agreement with HSBC Bank Middle East Limited to further deepen cooperation aimed at attracting […]

Nubank to Establish Regional Headquarters at Abu Dhabi Global Market (ADGM), UAE

Nubank to Establish Regional Headquarters at Abu Dhabi Global Market (ADGM), UAE

Abu Dhabi, UAE — Brazil’s leading digital bank Nubank is advancing its global expansion strategy with plans to establish a regional headquarters at Abu Dhabi Global Market (ADGM), marking a significant entry into the Middle East and North Africa (MENA) region. The development follows a high-level meeting between His Highness Sheikh Khaled bin Mohamed bin […]