Riyadh – Mubasher: Xpence has entered into a five-year partnership for growth agreement with Visa to expand business in Saudi Arabia, according to a press release. Since the initial engagement under the Visa Fintech Fast Track programme in 2019, …
UAE – Mubasher: HSBC has launched WorldTrader in the UAE, a digital trading platform providing customers with access to a wide range of investments globally, according to a press release. WorldTrader will enable HSBC Wealth and Personal Banking …
UAE-Mubasher: Lunate Capital has launched the Chimera J.P. Morgan Global Sukuk ETF, an exchange-traded fund (ETF) that is scheduled to list on the Abu Dhabi Securities Exchange (ADX) on 8 July. The fund will track the performance of the J.P. …
Riyadh – Mubasher: Mastercard penned a strategic deal with urpay, a digital wallet powered by neolaep, to provide the latter’s consumers across the Kingdom with access to a wide range of cross-border payment solutions. The agreement aligns with …
Mubasher: Digital payments firm Euronet is partnering with open banking leader Fintech Galaxy to provide banking-as-a-service across the Middle East and Africa (MEA) Their new platform offers account-based payment processing capabilities and other …
Cairo - Mubasher: Act Financial plans to float 360 million shares, representing 47% of its share capital, on the Egyptian Exchange (EGX) after obtaining the authority’s approval last April. The company will increase its capital by issuing 360 …
Mubasher: National Mobile Telecommunications Company (Ooredoo) teamed up with NVIDIA Cloud Partner (NCP) to become a leading digital infrastructure provider in the MENA region. Ooredoo will leverage NVIDIA’s accelerated computing platform to help …
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has entered into a strategic collaboration with DIFC Innovation Hub to fast-track fintech adoption in the region. The UAE’s DIFC Innovation Hub is home to more than 700 growth-stage tech firms …
Mubasher: Orange Energies has announced opening its digital energy platform to all firms on Africa to boost access. The Orange Smart Energies software facilitates prepaid solar and meter payments via mobile money, reducing non-payment risk for …
Dubai – Mubasher: The listed Commercial Bank of Dubai (CBD) has teamed up with Emirates Development Bank (EDB) through a strategic partnership to enhance and facilitate international trade services, according to a press release. The collaboration …
Abu Dhabi – Mubasher: Bayanat AI has formed a strategic partnership with Oxa, an Oxford-headquartered pioneer in autonomous vehicle (AV) technology, to advance the development and deployment of autonomous vehicle solutions in the UAE and beyond. …
UAE – Mubasher: Electric vehicles (EV) manufacturer VinFast Trading and Production Joint Stock Company is establishing its regional headquarters (HQ) in the UAE with the support of Dubai International Chamber, according to a press release. The new …
Cairo – Mubasher: The National Bank of Egypt (NBE) has announced, on 19 June 2024, the successful signing of a $1 billion senior unsecured syndicated term loan facility in which several regional and global financial institutions participated. The …
UAE – Mubasher: US-based technology-focused private equity firm Haveli Investments is inaugurating its first office outside of North America to boost its operations in the region, according to a press release. The facility will be located in Abu …
Mubasher: The 2024 World Competitiveness Report included six countries from the Arab region which all showed progress in this year’s ranking, according to the International Institute for Management Development (IMD) data. The UAE led the Arab …
Mubasher: The total number of deals registered in the global travel and tourism sector decreased by 10.90% to 286 during the first five months (5M) of 2024 when compared with 321 in January-May 2023, according to GlobalData Deals Database. The …
Riyadh – Mubasher: Dell Technologies and Saudi Arabian Oil Company (Aramco) have sealed a memorandum of understanding (MoU) under which the oil giant will explore new opportunities in emerging technologies with the US Dell, according to a press …
Riyadh – Mubasher: PayerMax, a global payment solutions provider headquartered in Singapore, decided to expand its regional presence through Saudi Arabia and took part in the Regional Headquarters Program (RHQ) established by the Ministry of …
UAE – Mubasher: The third edition of Abu Dhabi Finance Week (ADFW) will take place on 9-12 December 2024 under the theme Welcome to the Capital of Capital, being the flagship financial event of the Middle East, Africa, and Southern Asia (MEASA). …
Cairo – Mubasher: Unifonic, the AI platform and Software as a Service (SaaS) provider in the MENA region, has inaugurated a new office in Egypt to endorse its regional expansion journey, according to a press release. The MENA-focused company has …
UAE – Mubasher: Qstay, a Dubai-based hospitality and rental investment property management platform has raised $4.60 million in a pre-Series A funding round that brought the total amount secured by the company to $11.10 million. The UAE firm …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) along with NextDecade Corporation announced, on 13 June 2024, that their subsidiaries have executed a non-binding Heads of Agreement (HoA) for the Rio Grande LNG Facility in the US. The deal is …
Mubasher: Switzerland-based NUOS AG is expected to establish a headquarters (HQ) in Abu Dhabi as a regional hub, which will boost the emirate's strategic location and resources for more growth in Europe, North America, and the MENA market. NUOS …
Mubasher: Dubai-based Seafood Souq has secured an exclusive alliance with Newsan Food, an Argentinan seafood supplier, to pave the way for direct Argentinian seafood exports to the GCC region and beyond, according to a press release. The UAE …
UAE- Mubasher: Nasdaq-listed Altair, a global leader in computational intelligence, has established a new office in Dubai, according to a press release. The new location, which is situated in one of Dubai's free-trade zones, expands Altair's …
