Cairo, Egypt – MDP, a leading payments technology infrastructure group serving the Middle East and Africa, is excited to announce a new phase of growth following a strategic investment led by Lorax Capital Partners (LCP). This transaction also marks the successful exit of...

Doha, Qatar – Google Cloud recently hosted its second annual Google Cloud Summit Doha, celebrating two years of powering innovation through its local cloud region in Qatar. Held under the patronage of His Excellency Mohammed bin Ali bin Mohammed Al Mannai, Minister of Communications...

Etihad Credit Insurance (ECI), the UAE’s federal export credit agency, reported a 15.7% year-on-year increase in insured turnover for 2024, reaching AED 16.2 billion, according to its Annual Report unveiled during a recent media briefing led by CEO H.E. Raja Al Mazrouei and senior...

Banque du Caire has posted impressive financial results for the first quarter of 2025, reporting a 45% year-on-year (YoY) increase in net profits after tax. Profits reached EGP 3.4 billion, up from EGP 2.4 billion during the same period last year, according to an official...

Ajman Bank has been honored with the “Best Cloud Implementation” award at the MEA Finance Banking Technology Awards 2025, held on May 8 at the prestigious Armani Hotel, Burj Khalifa in Dubai. Now in its fifth year, this high-profile event celebrates excellence in digital innovation...

WaffarX, Egypt’s leading fintech cashback platform, has announced a strategic partnership with DGTERA, a rapidly expanding provider of smart solutions for the food & beverage (F&B) and retail industries, as per a press release shared via email. Through this collaboration,...

ABU DHABI – The Securities and Commodities Authority (SCA) has launched the region’s first “Finfluencer” license, marking a pioneering step in the regulation of digital financial content creators. This initiative is part of a broader set of incentives aimed at aligning the SCA’s...

The CIMB Gen AI Hackathon, held on April 19, 2025, at AWS Malaysia’s 35th-floor headquarters in Kuala Lumpur, introduced a fresh approach for banks to identify and engage emerging AI talent. Unlike a typical coding marathon, this event was a strategic part of CIMB’s broader...

What was once considered a niche solution for tech-savvy investors has rapidly become a mainstream investment avenue in Malaysia. Commonly known as Digital Investment Managers (DIMs) in the country, robo-advisors are transforming the way Malaysians approach personal finance and...

Riyadh, Saudi Arabia – May 29, 2025 — Taawoni, a trailblazing platform focused on digitizing cooperative training and professional development, has successfully secured $1.6 million in funding. The investment round was led by M Capital, with the support of several strategic investors...