Doha, Qatar – June 2, 2025 – ShipBee, Qatar’s AI-powered digital logistics marketplace, has successfully raised QR855,000 in a Pre-Seed funding round, valuing the early-stage startup at QR3.57 million. Backed by institutional and angel investors, this funding marks a major step in...

Kuala Lumpur, Malaysia – KAF Digital Bank has officially gone live on Temenos’ Software-as-a-Service (SaaS) platform as it prepares to launch its Islamic digital banking services. This move marks a significant milestone ahead of the bank’s full public rollout. The implementation...

Dubai, UAE – 3 June 2025 – Ripple, a global leader in enterprise blockchain and crypto solutions, has announced that its stablecoin, RLUSD, has been officially approved by the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC)....

DUBAI – First Abu Dhabi Bank (FAB), the UAE’s largest bank by assets, is set to raise approximately $480 million through a secondary share sale, according to a statement by Citi, the bookrunner managing the deal. The offering involves around 113 million shares priced at AED 15.5...

Abu Dhabi, UAE – June 2, 2025 — In a strategic effort to close the financing gap faced by small and medium enterprises (SMEs) across the Arab world, the Arab Fund for Economic and Social Development, through its SME financing arm Badir Fund, has announced an investment in Shorooq’s...

Date: Wednesday, 18 June 2025 Time: 4:00 PM – 8:00 PM (Registration starts at 3:30 PM) Venue: EQ Hotel, Kuala Lumpur (Venue details will be shared upon registration confirmation) About the Event As AI rapidly becomes a cornerstone of innovation and businesses...

BENEFIT, Bahrain’s leading fintech and electronic payments company, has joined forces with Bahrain Clear (a subsidiary of Bahrain Bourse) to launch a new eIPO service on the BenefitPay app. This service will make it much easier for everyday investors to participate in initial public...

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...