Category: news

Rain Acquires Saudi Media Firm to Expand Crypto Access in MENA

Rain Acquires Saudi Media Firm Digital Ma’arefa to Support MENA Expansion Crypto exchange Rain has acquired Saudi financial media platform Digital Ma’arefa as part of its broader strategy to expand cryptocurrency access across the Middle East and North Africa (MENA), according to the company. Digital Ma’arefa is the publisher of The Finance Memo, Crypto Memo, […]

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Visa Appoints Emirates NBD for Local UAE Dirham Settlements

Visa Appoints Emirates NBD for Local UAE Dirham Settlements Visa has named Emirates NBD as its official National Net Settlement Service (NNSS) agent in the UAE, in a move designed to clear domestic card transactions locally in dirhams rather than through international settlement networks. The arrangement is expected to speed up processing and reduce costs […]

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Mashreq and Cashew Expand Embedded Lending into Higher-Value BNPL Financing

Mashreq and Cashew Expand Embedded Lending into Higher-Value BNPL Financing Mashreq and UAE-based fintech Cashew are deepening their partnership to broaden embedded lending in the UAE, creating a regulated framework that supports higher-value buy now, pay later (BNPL) financing across digital platforms. The collaboration combines Cashew’s technology infrastructure with Mashreq’s regulated lending capabilities, including credit […]

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RAKBANK Expands SME Financing with AED 2 Billion as UAE Conditions Tighten

RAKBANK Expands SME Financing with AED 2 Billion Amid Tighter UAE Conditions RAKBANK has announced a new set of measures aimed at supporting small and medium-sized enterprises (SMEs) across the UAE as businesses face tighter market conditions, cash flow pressure and ongoing global uncertainty. The bank said its response is designed to keep credit flowing, […]

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Yuno and Flutterwave Simplify Access to African Payments via Single API

Yuno and Flutterwave Partner to Streamline Access to African Payments Through Single API Yuno has announced a partnership with Flutterwave aimed at simplifying payment access for businesses expanding into African markets. The collaboration enables merchants using Yuno’s platform to connect to Flutterwave’s local payment methods through a single API integration, reducing the operational complexity often […]

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Fasset and Tether Launch Gold-Backed Visa Card With Tokenised Asset Rewards

Fasset and Tether Launch Gold-Backed Visa Card With Tokenised Asset Rewards Fasset and Tether have introduced a new gold-backed Visa neobanking card designed to combine everyday spending with tokenised asset rewards. The card allows users to spend fiat currency globally across the Visa network while earning up to 6% cashback in Tether Gold (XAU₮) on […]

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UAE Launches Startup Programme with AED 15,000 Setup Support Package

UAE Launches Startup Programme With AED 15,000 in Setup Support A new startup support initiative has been launched in the UAE to help early-stage entrepreneurs, founders and first-time business owners move from an idea to company formation with greater ease. Creative Zone, in collaboration with RAKEZ and Mashreq NEO BIZ, has introduced the Young Entrepreneurs’ […]

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Top 11 Fintechs in the Middle East and Cyprus According to Deloitte

Top 11 Fintechs in the Middle East and Cyprus Named in Deloitte Fast 50 Deloitte Middle East has unveiled the fifth edition of its Technology Fast 50 programme, highlighting high-growth technology companies across the Middle East and Cyprus. The ranking recognises firms that have demonstrated strong revenue growth over a four-year period and meet the […]

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Emirates Growth Fund Named MIITE 2026 Capital Partner for UAE Industry Push

Emirates Growth Fund Named Exclusive Capital Partner for MIITE 2026 The Emirates Growth Fund (EGF) has been appointed Exclusive Growth Capital Partner for Make it in the Emirates (MIITE) 2026, the UAE’s flagship industrial forum set to take place from 4 to 7 May at ADNEC in Abu Dhabi. The announcement highlights EGF’s expanding role […]

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Takeem Launches Rental Guarantee Covering Rent Defaults, Repairs

Takeem launches rental guarantee service covering defaults and emergency repairs UAE-based proptech Takeem has introduced a rental guarantee service across the GCC designed to provide landlords with protection against tenant non-payment, while also including emergency maintenance support for urgent property repairs. The new offering, called Takeem Rental Guarantee (TRG), is being positioned as a solution […]

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