Wio Bank and Geidea Partner to Bring Business Banking Directly to UAE SMEs
Wio Bank and Geidea Partner to Expand Business Banking Access for UAE SMEs Wio Bank PJSC has entered into a partnership with Geidea, a fintech and merchant payments provider in the MENA region, to make business banking and financing solutions more accessible to small and medium-sized enterprises (SMEs) in the UAE. Under the agreement, Wio’s […]
Read Moredu Launches du Ventures, US$50M Corporate Venture Fund Targeting UAE Fintechs
du Launches US$50 Million du Ventures Fund to Back UAE Fintechs Telecom operator du has launched du Ventures, a US$50 million corporate venture fund designed to invest in companies across the region, with a particular focus on fintech, artificial intelligence, and cybersecurity. The fund will be managed by multi-strategy investment firm Shorooq and is aimed […]
Read MoreMashreq Launches Off-Plan Home Loan for UAE Residents
Mashreq Launches Off-Plan Home Loan for UAE Residents Mashreq has introduced a new off-plan home loan product for UAE residents, expanding its mortgage offering into the under-construction property segment. The launch comes as demand for off-plan financing continues to grow in the country, with the segment accounting for roughly 70% of Dubai property market transactions […]
Read MoreYango Group Invests in Embedded Finance Solutions Provider Comfi AI in MENA
Yango Group Invests in Comfi AI as First MENA Bet Through Yango Ventures Yango Group has announced an investment in UAE-based fintech company Comfi AI through its venture arm, Yango Ventures, as part of the startup’s Pre-Series A round. The deal marks Yango Ventures’ first investment in the Middle East and North Africa (MENA) region, […]
Read MoreMawarid Finance Taps Fimple for Side-Core BaaS Infrastructure
Mawarid Finance Partners with Fimple to Launch Side-Core BaaS Infrastructure in the UAE Mawarid Finance has selected technology provider Fimple to deploy a cloud-native secondary core banking system that will support Banking as a Service (BaaS) capabilities across the UAE. The announcement was made at the Mawarid Fintech Summit 2026. According to the companies, the […]
Read Moree& Sells 12.5% Stake in Careem to Uber for US$100 Million
e& Sells 12.5% Stake in Careem to Uber for US$100 Million UAE-based telecommunications group e& has signed a binding agreement to sell a 12.5% stake in Careem Technologies to Uber for US$100 million in cash, in a move that reshapes its ownership position in the regional superapp while keeping a significant share in the business. […]
Read MoreCore42 Secures US$550 Million From HSBC for Global AI Cloud Expansion
Core42 Secures US$550 Million HSBC Facilities to Support AI Cloud Expansion Core42, a G42 company operating as a sovereign AI infrastructure operator, has arranged two structured trade finance facilities totaling US$550 million with HSBC to support the expansion of its AI cloud and compute deployments across the US and Europe. The financing package includes a […]
Read MoreVodacom M-Pesa Partners PayPal for Cross-Border Wallet Transfers in Tanzania
Vodacom M-Pesa Partners with PayPal to Enable Cross-Border Wallet Transfers in Tanzania Vodacom M-Pesa Tanzania has partnered with PayPal to allow eligible users to move money directly between their M-Pesa and PayPal wallets, in a move designed to simplify cross-border payments for Tanzanian consumers and businesses. Under the new integration, customers can deposit funds into […]
Read MoreZand Partners DWTC Free Zone to Offer Digital Banking Services
Zand Partners with DWTC Free Zone to Provide Digital Banking Services UAE digital bank Zand has entered into a partnership with the Dubai World Trade Centre (DWTC) Free Zone to offer digital banking solutions and streamlined financial services to businesses operating within the zone. Under the agreement, eligible new and existing companies registered with the […]
Read MoreUAE Cyber Security Council Deploys Quantum-Safe Crypto Discovery Tool with QuantumGate
UAE Cyber Security Council Deploys Quantum-Safe Crypto Discovery Tool with QuantumGate The UAE Cyber Security Council has partnered with QuantumGate to deploy the national Crypto Discovery Tool, an Abu Dhabi-built platform designed to support the country’s transition to quantum-safe security across critical national infrastructure. According to the announcement, the tool is intended to automate the […]
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