Islamic Banking’s Growth Is Outpacing Its Technology
Islamic Banking Growth in the GCC Is Outpacing the Technology Behind It Islamic finance continued its strong expansion in 2024, but the systems supporting many banks are struggling to keep pace. Global Islamic finance assets rose to US$5.98 trillion in 2024, up 21% year-on-year, according to the ICD-LSEG Islamic Finance Development Report 2025. However, the […]
Read MoreSaudi Venture Capital Appoints Nora Alsarhan as New CEO
Saudi Venture Capital Names Nora Alsarhan as New CEO Saudi Venture Capital (SVC) has appointed Nora Alsarhan as its new Chief Executive Officer, with the transition set to take effect on 1 July 2026. The appointment forms part of a structured leadership succession plan overseen by the board, aimed at maintaining continuity and supporting the […]
Read MoreZoom Opens New Saudi Data Centre to Boost Local AI and Cloud Capacity
Zoom Opens New Saudi Data Centre to Expand Local AI and Cloud Capacity Zoom has launched a new data centre in Saudi Arabia as part of its efforts to strengthen local infrastructure, improve cloud capacity and support organisations with data residency requirements. The expansion is aimed at enterprises and government entities that need secure in-country […]
Read MoreSDB Wallet Launches Digital Wallet App with Multi-Currency Accounts
SDB Wallet Launches Digital Wallet App with Multi-Currency Accounts UAE-based SDB Wallet has launched a new digital wallet application that brings together multi-currency accounts, instant Mastercard cards, international money transfers, and digital-asset deposits in a single mobile platform. The company said the app is designed to offer users a consolidated financial services experience, allowing them […]
Read MoreDubai Launches SME in a Box to Cut Startup Costs and Setup Time
Dubai Launches SME in a Box to Reduce Startup Costs and Setup Time The Dubai Department of Economy and Tourism (DET) has launched SME in a Box, a new platform designed to simplify business setup for founders by bringing together key startup services in one place. The initiative provides a single entry point for licensing, […]
Read MoreThe Rise of Regulatory Infrastructure: A New Asset Class in MEA
The Rise of Regulatory Infrastructure Emerging as a New Asset Class in MEA Regulation in the Middle East and Africa (MEA) is increasingly being viewed not only as a compliance requirement, but as a foundational layer of the digital economy. According to a recent company announcement, regulatory infrastructure is gaining traction as a distinct area […]
Read MoreVault22 Expands AI Digital Wealth Platform in the UAE
Vault22 Expands AI Digital Wealth Platform in the UAE Vault22 is expanding its digital wealth management platform in the United Arab Emirates as demand grows for automated investment tools and AI-driven financial services across the region. The company’s latest push into the UAE comes as wealthtech firms increasingly target consumers looking for more integrated ways […]
Read Moredu and Open Innovation AI Partner on UAE Sovereign AI Initiative
du and Open Innovation AI Partner on UAE Sovereign AI Initiative du has signed a memorandum of understanding (MoU) with Open Innovation AI to accelerate the adoption of an agentic AI workforce across government entities and enterprises in the UAE. The partnership is designed to support the development of the country’s sovereign AI ecosystem, with […]
Read MoreIntegra Selects SettleMint for Real Estate Tokenisation in UAE and US
Integra Partners with SettleMint to Advance Real Estate Tokenisation in the UAE and US Integra, a technology company focused on building AI and blockchain infrastructure for real estate, has selected SettleMint as its digital asset lifecycle platform partner. The collaboration is designed to support the compliant on-chain representation of real estate assets across the UAE […]
Read MoreFlutterwave Partners With Tempo to Launch Stablecoin Settlements Across Africa
Flutterwave Partners With Tempo to Expand Stablecoin Settlements Across Africa Flutterwave has announced a partnership with blockchain network Tempo to introduce stablecoin-powered payments and settlement infrastructure across Africa, in a move aimed at improving the speed and cost efficiency of cross-border transactions on the continent. According to the companies, Tempo will be integrated as a […]
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